PE Deals

Providence to invest in Five Arrows’ A2MAC1

A2MAC1 is a provider of vehicle benchmarking insights and services across the mobility industry.

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  • The A2MAC1 platform has been sold to over 500 customers globally
  • Since 2019, the business has significantly accelerated this momentum through highly accretive product-led M&A and partnerships according to Providence
  • Frank Bunte, who has been CEO of A2MAC1 since 2020, will continue to lead the company

Providence Equity Partners announced on Tuesday that it has entered into exclusive negotiations with Five Arrows, a subsidiary of Rothschild’s merchant banking arm, for the acquisition of a stake in A2MAC1. Five Arrows and A2MAC1’s management team will reinvest their proceeds from the transaction in A2MAC1.

A2MAC1 is headquartered in Hary, France and is a provider of vehicle benchmarking insights and services across the mobility industry. The A2MAC1 platform has been sold to over 500 customers globally. Frank Bunte, who has been CEO of A2MAC1 since 2020, will continue to lead the company.

A2MAC1 has achieved consistent growth since inception according to Providence. Since 2019, the business has significantly accelerated this momentum through highly accretive product-led M&A and partnerships including the acquisitions of Adaccess, ecs, Improvalue, Coram, and Effution.

“We believe A2MAC1 is an outstanding business that is poised to benefit from strong tailwinds as the automotive and mobility industry evolves and demands new technologies, intelligence, and efficiencies,” said Karim Tabet, senior managing director and co-head of Europe, and Davis Noell, senior managing director and co-head of North America at Providence. “In many ways, A2MAC1 is at an early stage, and we see great potential for its continued growth through providing more value to its global OEM and OES customers.”

Providence is a private equity firm focused on growth-orientated media, communications, education and technology companies in North America and Europe. It has aggregate private equity capital commitments of $32 billion and has completed over 170 investments to date. The firm is headquartered in Providence, Rhode Island.