MATTHEW BYATT
Managing Partner
Acuity Advisors acted as sole financial advisor to EnOcean GmbH, a leading German company pioneering energy harvesting IoT devices and sensor-to-cloud solutions for smart spaces, on the acquisition of the Edge Computing Business (ECB) of Renesas.
The acquired business will enable EnOcean to easily integrate best-of-breed solutions from multiple vendors and minimize the cost of deployments. Moreover, the integration of ECB will provide access to data from existing building infrastructure and optimize the interactions between buildings and devices, thus unlocking tremendous value to EnOcean.
Matthew Byatt, Managing Partner at Acuity commented on the transaction:
“We are pleased to have acted as sole financial advisor to EnOcean in the acquisition of the US-based edge computing business of Renesas Electronics Corporation.
This transformative and complementary acquisition strengthens EnOcean’s next-generation technology solutions for smart buildings and enables the company to leverage cloud-based software for a wide range of applications and to utilise the data generated in buildings by own and third-party sensors.”
“We are pleased to have acted as sole financial advisor to EnOcean in the acquisition of the US-based edge computing business of Renesas Electronics Corporation.
This transformative and complementary acquisition strengthens EnOcean’s next-generation technology solutions for smart buildings, and enables the company to leverage cloud-based software for a wide range of applications and to utilise the data generated in buildings by own and third-party sensors.”
Matthew Byatt | Managing Partner
Acuity Advisors
Meet the EnOcean Deal Team
EXPERIENCED, EXPERT AND CONNECTED.
Matthew is a Co-Founder and Managing Partner at Acuity and leads the Acuity Advisors’ Deeptech practice.
Matthew has held senior leadership and corporate finance positions with some of the UK’s most successful and influential technology and consultancy companies. Roles with ARM, McKinsey and Cadence have given Matthew an exceptional insight into the world’s most successful businesses and a number of the UK’s eminent start-ups, underpinning his success at Acuity.
Matthew has considerable experience across a broad range of technology sectors throughout the UK, US and Asia, ranging from nanotechnology, semiconductor and cleantech to digital media and internet businesses. It’s experience that has given him a robust, well-developed and international network. Having also run and successfully exited his own business, Matthew has a deep understanding of the financial and emotional aspects of this demanding process, bringing a unique and authoritative perspective to each business sale.
One of Matthew’s strengths is understanding complex technical value propositions, one of the benefits of training as an electronic engineer. He gets to the heart of what drives a company’s value and communicates this persuasively to potential buyers and investors. Matthew understands a buyer’s motivation intuitively and delivers a compelling rationale for why a business sale should be of strategic interest. His insight consistently yields higher deal values and results in great successes for his clients.
