Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.

Transactions / Nissens Automotive

Axcel sells Nissens Automotive to Standard Motor Products

Exit to a strategic buyerannouncedannounced Jul 10, 2024Fact
What happened
Target
Nissens Automotive
Platform
not an add-on on record
Control
unknown
Share acquired
unknown
Industry
automotive / automotive
Target location
unknown
Seller kind
Sponsor
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
4 named
Buy side
  • Standard Motor Products, Inc.Strategic acquirerconfirmed
    “Axcel has signed an agreement to sell Nissens Automotive, a leading provider of thermal management and engine efficiency products, to Standard Motor Products, Inc. During Axcel’s ownership, the company has more than doubled its revenue and earnings.”
Sell side
  • Axcel Management A/sSellerconfirmed
    “Founded in 1994, Axcel is a Nordic private equity group focusing on four sectors: Technology, Business Services & Industrials, Healthcare and Consumer.”
Advisory side
  • GorrissenLegal adviserconfirmed
    “Deloitte and Jefferies served as co-lead corporate finance advisors to Nissens and Axcel, while Gorrissen served as legal counsel and PwC as financial advisor.”
Side not stated
  • Nissens AutomotiveTargetconfirmed
    “Axcel has signed an agreement to sell Nissens Automotive, a leading provider of thermal management and engine efficiency products, to Standard Motor Products, Inc. During Axcel’s ownership, the company has more than doubled its revenue and earnings.”
Evidence
“Axcel has signed an agreement to sell Nissens Automotive, a leading provider of thermal management and engine efficiency products, to Standard Motor Products, Inc. During Axcel’s ownership, the company has more than doubled its revenue and earnings.”
Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)confidence 80%recorded Sep 16, 2026