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New Deal


Announced

in-tech to acquire Ruetz Systems Solutions.

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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Auto Services

Private

Pending

Acquisition

automotive data communications

Majority

Germany

Domestic

Friendly

Single Bidder

Synopsis

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in-tech, a technology solutions provider, agreed to acquire Ruetz Systems Solutions, a provider of automotive data communications. Financial terms were not disclosed. "Connected services and complex data communication are fundamental building blocks for the vehicle architecture of the future. Ruetz System Solutions complements our broad range of services in the automotive sector with important expertise in the area of digitalization in the vehicle," Christian Wagner, in-tech CEO.

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