Daily News: May 14, 2014

Deloitte Advises Tweddle on its Investment from Gores Group

Deloitte Corporate Finance announced it acted as the exclusive financial advisor to Tweddle Group on its equity investment from The Gores Group.

“DCF’s long-term commitment to Tweddle and our goals enabled us to achieve an outstanding outcome. The DCF team’s understanding of our complex business model and ability to highlight the strengths of our leading market position were instrumental in enabling us to find an ideal financial partner. Gores’ investment positions the Company well for continued growth and success,” said Andrew Tweddle, CEO and owner of Tweddle.

“Over the past 12 months, we have been very fortunate to have advised Tweddle and its CEO and owner Andy Tweddle in the closing of two transactions. The Gores transaction is the culmination of several years of strategic evaluation and planning by Andy and his management team. We have enjoyed developing strong relationships with Andy and his team and we wish Tweddle success in its new partnership with Gores. This transaction also further establishes DCF’s extensive experience in Automotive Technology and Services M&A, an area in which we remain very active,” said Ron Rivera, a managing director within DCF’s Technology, Media, and Telecommunications group.

With offices in the United States, Belgium, Italy, the U.K., and China, Tweddle Group is a leading provider of value-added, technology enabled information and publishing solutions for automotive OEMs and their suppliers.