About the deal

The very complementary business combination is accelerating international expansion of the combined group

Capitalmind Investec acted as exclusive financial advisor to mind venture AG in the divestment of TECOSIM Group to global engineering and R&D company Hinduja Tech.

By joining forces with Hinduja Tech, Hinduja Group’s mobility-focused global engineering R&D services company, TECOSIM strengthens its international presence especially in Asia and adds global delivery footprint to Hinduja Tech with enhanced capabilities and regional delivery centers for European customers. The acquisition is in line with Hinduja Tech’s strategic goal to become a global leader in mobility engineering services. TECOSIM’s technological expertise and strong market presence in Europe are anticipated to position the combined entities to deliver enhanced, innovative, and sustainable solutions, bolstered by a nearshore delivery model.

Both for mind venture as owner and for TECOSIM management this transaction represents a significant milestone for the next phase of profitable growth and for a successful pass-on to the right strategic partner.

About TECOSIM Group

TECOSIM Group, headquartered in Wiesbaden, Germany, is a globally active engineering company renowned for developing technological solutions that promote sustainable transport, safe and clean energy supply, and a competitive industrial landscape. Started as a German engineering company, the TECOSIM Group has now earned an exceptional reputation in Europe, Asia, and the USA through its global expansion and is known for its expertise in simulation, testing, and engineering services, catering to a diverse range of industries including automotive, energy, and industrial sector. https://tecosim.com/

What we did

Capitalmind Investec acted as exclusive financial advisor to mind venture AG on the sale of TECOSIM Group, providing comprehensive support throughout the entire process. This included defining and executing a structured transaction process to achieve best commercial terms and pricing. The deal team worked closely with management to validate the business plan and through our international offices approached selected potential buyers on global scale. Capitalmind Investec coordinated the full due diligence process in six jurisdictions and negotiated key commercial terms of the Share Purchase Agreement (SPA), ensuring an efficient process and a successful transaction.

“As an internationally positioned engineering services company we have realized a succession solution with significant strategic relevance. Capitalmind Investec has delivered high value results throughout the entire process by creating a formidable starting position based on sector knowledge, international reach and cultural competence.“

Udo Jankowski, Chairman of the Executive Board, mind venture AG