trending Market Intelligence /marketintelligence/en/news-insights/trending/CET8vIi_TEotidf_d8Yyig2 content esgSubNav
In This List

PE firm Wise Road to form US$120M JV with sensor solutions provider ams

Blog

Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Case Study

A PE Firm Capitalizes on Market Opportunities with Robust Data and Analytics

Podcast

MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services


PE firm Wise Road to form US$120M JV with sensor solutions provider ams

Global private equity firm Wise Road Capital Ltd. will form a joint venture with ams AG, a supplier of sensor solutions, in a deal that includes an investment valuing the partnership at about US$120 million.

Focused on the semiconductor industry as well as other emerging high-tech industries, Wise Road will advise the joint venture business, to which ams will transfer its employees, intellectual property, sensor products and solutions as well as related customers.

The agreement, slated to close in the fall, is aimed at accelerating the development and sales of ams' environmental, flow and pressure sensor solutions for the global market, particularly in China.

Stefan Raible, general manager of the environmental sensors business at ams, will serve as managing director of the new Netherlands-based company.