Tioopo Capital is pleased to announce the acquisition of a majority stake in Tecniq, a leading British company specializing in design, engineering, and manufacturing for the ultra-high end automotive sector.
Renowned for its contributions to some of the world's most exclusive vehicle programs, Tecniq pairs cutting-edge technical expertise with exceptional craftsmanship, playing a pivotal role in the luxury automotive industry's most prestigious brands. This deal marks the second investment of TP1, Tioopo's inaugural fund.
With Tioopo Capital's support, TECNIQ is poised to strengthen its client relationships, expand its international footprint, and further cement its leadership in the ultra-premium automotive market. By leveraging its existing partnerships, TECNIQ aims to elevate its service and quality standards to exceed the expectations of its esteemed clientele.
Advisors on the transaction
We extend our gratitude to our buy-side advisors for their support throughout this transaction:
- Legal Counsel: DLA Piper, Amar Maan, Ben Collins, Alexandra Smyllie, Sarah Day, Matthew Manwaring, Daniel Crichton
- Debt Advisory: Azets, Simon Copeland, Ralph Walker-Moretti
- Financial Due Diligence: Cortus, Paul Kithoray, Dan Gallagher
- Tax Due Diligence: DSJ Partners, Pradeep Shah