.
MergerLinks Header Logo

New Deal


Announced

Completed

CMG-SDIC Capital and Virtue Capital led a $101m funding round in NeuSAR.

Financials

Edit Data
Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Minority

Friendly

automotive software

Acquisition

Venture Capital

Private Equity

Single Bidder

China

Software

Private

Domestic

Completed

Synopsis

Edit

CMG-SDIC Capital, a private equity firm, and Virtue Capital, an investment advisory services company, led a $101m funding round in NeuSAR, an automotive software company. “Automative software will increasingly benefit automobile intelligence. In particular, the fundamental software products that connect hardware platforms and functional software, are critical for the safety of automative operation systems,” CMG-SDIC Capital.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US