Acquisition History / Sotavento Capital / Cinergia
Sotavento Capital Acquires Cinergia
Announced January 2021 — Price not disclosed; Jorge Rivero search fund acquisition
What happened
Barcelona designer of AC/DC power-electronics test equipment for EVs, renewables and smart grids, sold to R&D labs worldwide Acquired by Sotavento Capital, the search fund vehicle of Jorge Rivero. Backed by Itaca Capital Partners; ALZA Capital Partners; Promax Capital Investments. Source: https://itaca.capital/companies/
- Acquirer
- Sotavento Capital
- Target
- Cinergia
- Announced
- January 2021
- Price
- Price not disclosed; Jorge Rivero search fund acquisition
- Industry
- Test & measurement equipment
- Buyer type
- Search fund
- Fund vehicle
- Sotavento Capital
- Backing investors
- Itaca Capital Partners, ALZA Capital Partners, Promax Capital Investments
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Sotavento Capital acquire Cinergia?
Sotavento Capital acquired Cinergia on January 2021. This was Sotavento Capital's 1st publicly tracked acquisition out of 2 we have on record.
How much did Sotavento Capital pay for Cinergia?
Sotavento Capital paid Price not disclosed; Jorge Rivero search fund acquisition for Cinergia.
What does Cinergia do?
Barcelona designer of AC/DC power-electronics test equipment for EVs, renewables and smart grids, sold to R&D labs worldwide Acquired by Sotavento Capital, the search fund vehicle of Jorge Rivero. Backed by Itaca Capital Partners; ALZA Capital Partners; Promax Capital Investments. Source: https://itaca.capital/companies/
What other Test & measurement equipment companies has Sotavento Capital acquired?
Cinergia is Sotavento Capital's only publicly tracked acquisition in Test & measurement equipment so far.
More Sotavento Capital acquisitions
Cinergia Power Solutions
Price not disclosed; Jorge Rivero search fund acquisition · 2021