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New Deal


Announced

Transom Capital Group to acquire a majority stake in the charging solutions business of Webasto.

Financials

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Transaction Value-
Consideration TypeCash
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Majority

Private

automotive equipment

Auto Parts

Germany

Acquisition

Cross Border

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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Transom Capital Group, an Operations-focused private equity firm, agreed to acquire a majority stake in the charging solutions business of Webasto, a sunroofs, electric-car chargers and air-conditioning systems manufacturer. Financial terms were not disclosed. “It is a rare opportunity that we can invest in a business of significant scale, in an underlying market that is on a historic hockey stick growth curve. Charging is at the forefront of the global transition toward electric vehicles and we are super excited to partner with Webasto to continue to grow the Charging solutions business,” Russ Roenick, Transom Capital Group Founder and Managing Partner.

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