• Amantys, a power electronics company, sold its assets to Maschinenfabrik Reinhausen

    DIVESTITURE

Amantys, a power electronics company, sold its assets to Maschinenfabrik Reinhausen.

Amantys Limited is based in Cambridge UK and designs, manufactures and sells power electronic systems. Amantys delivers scalable, cost effective solutions to meet the challenges of designing reliable and efficient power conversion products in medium and high voltage applications. Its products have application in various markets such as motor drives, electricity transmission and distribution, locomotive traction, uninterruptible power supplies, renewable energy generation and hybrid / electric vehicles.

“Q Advisors and Acuity Advisors managed our first-ever fundraising process with a high degree of professionalism and swiftness, casting a wide net and leveraging their longstanding senior-level relationships with institutional VCs and growth equity investors in the US and Europe to deliver a successful outcome for Innoveo. Their team’s knowledge of underlying technology, SaaS subscription models, and insuretech/fintech vertical was exactly what we were looking for to position Innoveo with growth equity investors. Their senior staff worked closely with my team to articulate Innoveo’s differentiation against a fragmented market backdrop and exhibit Innoveo’s unique technological, commercial, and financial attributes that made us stand out from the pack. This funding puts Innoveo on a path to accelerate growth and I look forward to continuing to work with Q and Acuity in the future.”

AMIR GHAFFAR | CEO
Innoveo

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