Announced
A consortium of PE firms to acquire Velocys for $40m.
Financials
Transaction Value£31m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium18.8%
One Off Charge-
Tags
Alternative Fuels
Friendly
United Kingdom
sustainable fuels
fuel technology
Acquisition
Majority
Public
Private Equity
Cross Border
Pending
Single Bidder
Synopsis
A consortium of PE firms including Lightrock, Carbon Direct Capital, GenZero and Kibo Investments, agreed to acquire Velocys, a sustainable fuels technology company, for $40m.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.