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New Deal


Announced

Completed

Humanetics completed the acquisition of Human Solutions and Avalution from Pinova Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Private

Application software products

Cross Border

Germany

Acquisition

Private Equity

Friendly

Single Bidder

safety systems

software development

scanning software

Majority

Completed

Synopsis

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Humanetics, a provider of precision test systems and sensor solutions, completed the acquisition of Human Solutions, a developer of software, with which vehicle interiors can be optimally designed to meet ergonomic requirements, and Avalution, a bodyanalytics database provider, from Pinova Capital. Financial terms were not disclosed. "We are thrilled to welcome Human Solutions and Avalution to the Humanetics Group. There are natural complementary synergies with our solutions, customers and capabilities. Humanetics and Human Solutions share a unique purpose that puts humans at the center of design and innovation. Both companies create highly sophisticated models of human bodies that enable engineers to design vehicles that keep humans safe, in proper position and in full control of the vehicle at critical moments in the driving experience," Christopher O’Connor, Humanetics Group President and CEO.

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