Finance
Pages 50–67 (18 pages)
Text on page 65
Notable Exits, Mergers, & Acquisitions of 2025 January
HyperStrong, a Chinese energy storage system integrator, filed for IPO in Shanghai
Evyon and Elywhere merge to use second life batteries for EV charging
Source: Company announcements
CATL completed its $5b secondary listing IPO on the Hong Kong Stock Exchange as one of the year's biggest global IPO
Endless acquires Ecobatʼs European battery distribution business, a leading battery supplier for a range of applications
I Squred Capital acquires majority stake in ENTEK, funding a separator gigafactory in the US
CoreWeave acquires Monolith AI, developing data-driven AI models for battery performance
August
U.K. BESS maker, Palmer Energy, acquires Brill Power, a BMS provIder
September
Following CATLʼs strong HK IPO and positive IPO sentiment in HK, multiple battery companies in HK IPO pipeline
December
October
September
Exxon Mobil acquires Super Graphite battery material facilities, supporting Exxonʼs energy storage capabilities
June
May
Clarios acquires Maxwell Technologies extending commitment to new low voltage energy storage
StoreDot SPAC announced with Andretti Acquisition Corp.
Factorial Energy merges with SPAC Cartesian Growth Corporation
Extracted from the PDF; charts and images may read imperfectly.
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