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About the deal

Capitalmind Investec advised Bureau Veritas on the disposal of UCM Global through an MBO

As part of its strategy to exit automotive-related activities, Bureau Veritas sold its subsidiary, UCM Global, to its management team.

UCM Global is a global expert in claims management, cost recovery and other value-added services for finished vehicle logistics through its proprietary online platform. The platform is able to collect finished vehicles handover data on the logistics chain, from the factory to the retail dealer, and to identify liable parties for any damage. UCM Global addresses globally car manufacturers and handles more than 60,000 claims per year.

What we did

Capitalmind Investec assisted Bureau Veritas throughout the whole sale process: designing the deal tactic managing the process, handling the negotiation phase with the management team, and assisting the Group in carving-out the business.

This deal illustrates Capitalmind Investec’s know-how in supporting large corporates in carving-out and exiting non-core businesses. It also reinforces Capitalmind Investec’s track-record in the TIC market with almost 50 transactions advised over the last few years.

Target Headquarter
Date
December 2023
Parties