13 Acquisitions of Companies in the Consumer Electronics Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Consumer Electronics industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 13 acquisitions that took place in the Consumer Electronics industry.

Cryo Pur acquired by Française de l'Energie

Details about the transaction:

Acquisition amount:

$2,698,575

Announcement:

19 April 2022

Details about the company:

A system for liquefying and purifying biomethane is produced and sold by Cryo Pur.

Headquarter:

Palaiseau, Ile-de-France, France

Where to find them:

Industry:

Agriculture, Consumer Electronics, Environmental Engineering, Manufacturing

Details about the buyer:

French company Française de l'Energie is involved in the investigation and assessment of France's gas resources.

Headquarter:

Forbach, Lorraine, France

Where to find them:

Encompass Supply Chain Solutions, Inc. acquired by Comvest Partners

Details about the transaction:

Acquisition amount:

$32,700,000

Announcement:

23 December 2019

Details about the company:

Consumer electronics company Encompass Supply Chain Solutions offers board repair and reverse logistics services.

Headquarter:

Lawrenceville, Georgia, United States

Where to find them:

Industry:

Consumer Electronics, Logistics

Details about the buyer:

Private investment company Comvest Partners offers loan and equity financing to lower middle-market businesses.

Headquarter:

West Palm Beach, Florida, United States

Where to find them:

Saankhya Labs acquired by Tejas Networks India

Details about the transaction:

Acquisition amount:

$37,458,387

Announcement:

1 March 2022

Details about the company:

Bangalore, India-based Saankhya Labs is a privately held Fabless semiconductor firm.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Industry:

Consumer Electronics, Electronics, Software

Details about the buyer:

Tejas Networks supplies optical networking components and services to international and Indian telecom networks.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

SectorQube acquired by Open App

Details about the transaction:

Acquisition amount:

$2,325,519

Announcement:

5 May 2022

Details about the company:

SectorQube offers a comprehensive range of IT services, corporate solutions, consulting, and consumer electronics.

Headquarter:

Kochi, Kerala, India

Where to find them:

Industry:

Consulting, Consumer Electronics, Embedded Systems, Hardware, Information Technology, Software

Details about the buyer:

a Bangalore-based startup that manufactures business-grade smart locks.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Société Française de Garantie acquired by Homeserve

Details about the transaction:

Acquisition amount:

$38,187,555

Announcement:

26 May 2009

Details about the company:

The Société Française de Garantie provides after-sale technical appliances and warranty extensions.

Headquarter:

Rousset, Provence-Alpes-Cote d'Azur, France

Where to find them:

Industry:

Consumer Electronics, Retail, Sales

Details about the buyer:

Homeserve is a consumer service business that offers landlords and house owners maintenance and repair services.

Headquarter:

Walsall, Walsall, United Kingdom

Where to find them:

Tritek Solutions acquired by Perficient

Details about the transaction:

Acquisition amount:

$19,000,000

Announcement:

2 May 2013

Details about the company:

Manufacturers' representative Tritek Solutions has locations in Northern and Southern California.

Headquarter:

Santa Margarita, California, United States

Where to find them:

Industry:

Consulting, Consumer Electronics, Information Technology, Manufacturing

Details about the buyer:

Perficient is an IT consulting company that assists businesses in modifying their systems to accommodate internet-based technologies from third parties.

Headquarter:

Austin, Texas, United States

Where to find them:

VIP Electronic Cigarette acquired by Victory Electronic Cigarettes

Details about the transaction:

Acquisition amount:

$50,473,271

Announcement:

22 April 2014

Details about the company:

VIP E-cig provides a practical substitute for tobacco use.

Headquarter:

Radcliffe, Nottinghamshire, United Kingdom

Where to find them:

Industry:

Consumer Electronics

Details about the buyer:

Manufacturer of electronic cigarettes is Victory Electronic Cigarettes.

Headquarter:

Nunica, Michigan, United States

Where to find them:

Warhorse Studios acquired by Koch Media

Details about the transaction:

Acquisition amount:

$37,401,455

Announcement:

13 February 2019

Details about the company:

A group of seasoned professionals founded the video game production business Warhorse Studios.

Headquarter:

Prague, Hlavni mesto Praha, Czech Republic

Where to find them:

Industry:

Consumer Electronics, Software

Details about the buyer:

Koch Media is an independent manufacturer and distributor of digital entertainment gear.

Headquarter:

Hofen, Tirol, Austria

Where to find them:

Westlock Controls acquired by Crane Co

Details about the transaction:

Acquisition amount:

$40,000,000

Announcement:

1 May 2017

Details about the company:

Switchboxes are manufactured and sold by Westlock Controls.

Headquarter:

Saddle Brook, New Jersey, United States

Where to find them:

Industry:

Consumer Electronics, Manufacturing

Details about the buyer:

Manufacturer of engineered industrial items is Crane Co.

Headquarter:

Stamford, Connecticut, United States

Where to find them:

NOBOT acquired by mediba

Details about the transaction:

Acquisition amount:

$19,287,028

Announcement:

28 July 2011

Details about the company:

AdMaker, a platform for mobile application advertising, is a solution that NOBOT offers for mobile advertising.

Headquarter:

Tokyo, Tokyo, Japan

Where to find them:

Industry:

Advertising, Advertising Platforms, Android, Consumer Electronics, iOS, Mobile

Details about the buyer:

Advertising, business research, media creation, and company development services are all offered by Mediba Inc.

Headquarter:

Tokyo, Tokyo, Japan

Where to find them:

NanoAvionics acquired by Kongsberg Defence & Aerospace

Details about the transaction:

Acquisition amount:

$66,668,992

Announcement:

5 July 2022

Details about the company:

There are now five offices for NanoAvionics, a smallsat bus maker and mission integrator, in the US, the UK, and LT.

Headquarter:

Columbia, Illinois, United States

Where to find them:

Industry:

Aerospace, Communication Hardware, Consumer Electronics, Electronics, Hardware, Industrial Engineering, Internet of Things, Manufacturing, Satellite Communication

Details about the buyer:

A leading provider of systems and solutions for the defense and aerospace industries is Kongsberg Defence & Aerospace.

Headquarter:

Kongsberg, Buskerud, Norway

Where to find them:

Billi UK acquired by Strix Group Plc

Details about the transaction:

Acquisition amount:

$43,153,523

Announcement:

5 October 2022

Details about the company:

Billi specializes in producing water filtration devices that use less energy.

Headquarter:

Wolverhampton, Wolverhampton, United Kingdom

Where to find them:

Industry:

Consumer Electronics, Electronics, Manufacturing, Water, Water Purification

Details about the buyer:

Kettle controls are produced by Strix Group Plc.

Headquarter:

Pulford, Wrexham, United Kingdom

Where to find them:

Retail Express (Acquired by Maropost) acquired by Maropost

Details about the transaction:

Acquisition amount:

$40,006,497

Announcement:

18 January 2022

Details about the company:

The most popular cloud retail software is called Retail Express.

Headquarter:

Brisbane, Queensland, Australia

Where to find them:

Industry:

Consumer Electronics, Information Technology, Point of Sale, Retail, Retail Technology, Software

Details about the buyer:

Maropost offers on-demand platforms for infrastructure, e-commerce, and digital marketing.

Headquarter:

Toronto, Ontario, Canada

Where to find them: