UPS Technology Sale

 March 14, 2024
DRV Legal's M&A team, led by partner Tomáš Rada in cooperation with partner Tomáš Antal and associate Matěj Urbánek, advised the sellers on the sale of UPS Technology, a market leader in uninterruptible power supply systems. ADAX Corporate Succession Fund and Genesis Capital Growth joined forces on the buyer's side, represented by HAVEL & PARTNERS in the transaction. Since 1991, UPS Technology has specialized in the supply of backup systems including UPS, DC power supplies, motor generators and large-scale power centres. As part of its comprehensive services, the company offers process assurance from consultation to implementation and follow-up service. Customers include CEZ, Siemens, ABB, Škoda and Čepro, as well as hospitals, airports, and football stadiums. UPS Technology's revenue for 2023 has reached almost 40% year-on-year increase and the company has significant growth ambitions for the coming years as well.

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