M&A in autotech and mobility sector hits record highs with 119 deals, Hampleton Partners report says

Electric vehicles are the main driving force in the industry

London, UK – February 16, 2023. The last global Autotech & Mobility M&A Market report by Hampleton PartnersThe international M&A and corporate finance advisory firm for technology companies, reveals that 119 deals were closed in 2022, up 17% from the 2021 figure.

The rapid adoption in some markets of electric vehicles (EV) has helped drive this record number of contracts.

Michel Annink, director, Hampleton Partners

Michel Annink, director of Hampleton Partners, said: “Global sales of electric vehicles in 2022 grew by 55% year-on-year to 10.5 million, while global shipments of petrol and diesel cars fell by 12%. % in that time. The EV charging market also continues to grow with global investment in this segment in 2022 equal to that of the previous five years combined.”

Launch of electric vehicle charging
Although China was initially slow to adopt EVs, aggressive government policies and government incentives have encouraged EV sales, accounting for 29% of new car sales in 2022 compared to 15% in 2021. As a result Electric vehicle infrastructure has proliferated in major cities, supporting not only passenger cars, but also a significant share of electric buses, trucks, and two-wheelers.

By 2025, China hopes to have built enough EV infrastructure to handle up to 20 million EVs.

In the United States, EV sales reached seven percent of new car sales in 2022 compared to four percent in 2021. However, EV charging port infrastructure is being rapidly rolled out with research predicting which will reach parity with the number of 115,000 service stations in the coming months[1].

Home charging is also growing with estimates that by the end of 2022 there were 9.6 million EV home chargers globally by the end of 2022[2].

Top autotech buyers – last 30 months
Globally, there were 236 active autotech and mobility buyers in the past 30 months, 33 of whom made more than one acquisition. The three most prolific buyers and their three most recent deals are:

Imweb 2000 – 7 acquisitions: SAS guarded – CRM SaaS for automotive retail; Nordic vehicle data – car dealership management software; Improve the software – car dealership management software.

packaging – 4 acquisitions: GeoStamp Industries – geospatial location data and SaaS analytics; Infosite technologies – SaaS and trucking shipping software; DrayMaster Enterprise Rate Management System (RMS) for intermodal trucking carriers.

JD power – 4 Acquisitions: Tail Light – finance and automobile insurance (F&I) menu and SaaS reporting; Superior integrated solutions – Automotive F&I SaaS; Inventory Command Center – SaaS for automotive companies.

Download Hampleton Partners Full 1H2023 Autotech & Mobility M&A Market Report, which includes an extensive section on electric vehicle stocks, key trends and transactions, as well as business volume and business application assessments; Commerce and content on the Internet; Segments Embedded Software & Systems and Mobility & Fleet Management: https://www.hamletonpartners.com/reports/autotech-mobility-report/

[1] & [2]. Source: Bloomberg New Energy Finance


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Note to editors:
Hampleton Partners M&A market reports are compiled using data and insights from the 451 Research database (www.451research.com); capital IQ; CB Insights; Gartner; IDCs and more.

About Hampleton Partners
Hampleton Partners advises owners of technology companies on M&A and growth financing transactions with strategic buyers or financial investors.

Hampleton’s experienced business developers have advised hundreds of technology industry shareholders and provide hands-on expertise and unparalleled advice to entrepreneurs looking to sell their companies, partially exit or accelerate growth.

With offices in London, Frankfurt, Stockholm and San Francisco, Hampleton offers a global perspective with sector expertise in: Enterprise Software, Digital Commerce, IT & Business Services, Artificial Intelligence, Autotech, Cybersecurity, Fintech, Healthtech, HR Tech and Insurtech. Follow Hampleton on LinkedIn AND Chirping. For more information visit http://www.hamletonpartners.com