logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Battery Ventures Acquires Global Specialty Materials And Advisory Company Goodfellow

Sep 14, 2021•about 4 years ago

Acquiring Company

BTRY

Acquired Company

Goodfellow

DübendorfRenewable EnergyNatural Resources

Description

Battery Ventures, a global, technology-focused investment firm, announced it has acquired Goodfellow, a specialist supplier of high-quality materials for research and development, prototyping and specialized manufacturing. Terms of the transaction were not disclosed.

Company Information

Company

BTRY

Location

Dübendorf, Zurich, Switzerland

About

BTRY is an early-stage battery start-up with a clear mission: to revolutionize the energy storage industry by developing innovative, sustainable, and efficient battery solutions. Our primary objective is to accelerate the global transition to clean energy by providing cutting-edge battery technologies that enable the widespread adoption of renewable energy sources.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed