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New Deal


Announced

Completed

GR 2022 completed a $13m investment in E-Con Systems.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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India

OEM cameras

Electronic Components and Equipment

Acquisition

Cross Border

Minority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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GR 2022, a private equity firm, completed a $13m investment in E-Con Systems, an OEM camera manufacturer. "We are pleased to announce our recent funding from GR 2022 Holdings, which will significantly enhance our growth trajectory and bolster our ability to drive innovation in the embedded vision market. We are committed to harnessing the power of cutting-edge technology to enable machines to perceive and comprehend the world around them," Ashok Babu Kunjukkannan, e-con Systems Co-Founder and President.

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