Acquisition History / Sotavento Capital / Cinergia Power Solutions
Sotavento Capital Acquires Cinergia Power Solutions
Announced January 2021 — Price not disclosed; Jorge Rivero search fund acquisition
What happened
Barcelona custom power-electronics solutions maker (founded 2008) Acquired by Sotavento Capital, the search fund vehicle of Jorge Rivero. Backed by Inversiones Cabiedes; Itaca Capital; Marc Bartomeus (Albira Investments); Marion Equity Partners (Mark and Bill Egan); AI Global (José Moreno); Simon Webster; Tom Hendrickx; Will Thorndike. Source: https://capital-riesgo.es/en/articles/dla-piper-asesora-al-search-fund-sotavento-capital-en-la-compra-de-cinergia-power-solutions/
- Acquirer
- Sotavento Capital
- Target
- Cinergia Power Solutions
- Announced
- January 2021
- Price
- Price not disclosed; Jorge Rivero search fund acquisition
- Industry
- Power electronics
- Buyer type
- Search fund
- Fund vehicle
- Sotavento Capital
- Backing investors
- Inversiones Cabiedes, Itaca Capital, Marc Bartomeus (Albira Investments), Marion Equity Partners (Mark and Bill Egan), AI Global (José Moreno), Simon Webster, Tom Hendrickx, Will Thorndike
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Sotavento Capital acquire Cinergia Power Solutions?
Sotavento Capital acquired Cinergia Power Solutions on January 2021. This was Sotavento Capital's 2nd publicly tracked acquisition out of 2 we have on record.
How much did Sotavento Capital pay for Cinergia Power Solutions?
Sotavento Capital paid Price not disclosed; Jorge Rivero search fund acquisition for Cinergia Power Solutions.
What does Cinergia Power Solutions do?
Barcelona custom power-electronics solutions maker (founded 2008) Acquired by Sotavento Capital, the search fund vehicle of Jorge Rivero. Backed by Inversiones Cabiedes; Itaca Capital; Marc Bartomeus (Albira Investments); Marion Equity Partners (Mark and Bill Egan); AI Global (José Moreno); Simon Webster; Tom Hendrickx; Will Thorndike. Source: https://capital-riesgo.es/en/articles/dla-piper-asesora-al-search-fund-sotavento-capital-en-la-compra-de-cinergia-power-solutions/
What other Power electronics companies has Sotavento Capital acquired?
Cinergia Power Solutions is Sotavento Capital's only publicly tracked acquisition in Power electronics so far.
More Sotavento Capital acquisitions
Cinergia
Price not disclosed; Jorge Rivero search fund acquisition · 2021