Deloitte Corporate Finance Advisory acted as the exclusive financial advisor to MW Beteiligungs GmbH on their sale of ES-Tec Group to Tata Technologies
Deloitte Corporate Finance Advisory (“DCF”) acted as the exclusive financial advisor to MW Beteiligungs GmbH on their sale of 100% of the shares in ES-Tec Group (“ES-Tec”) to Indian-based Tata Technologies (“TTL”). ES-Tec is a leading engineering service provider with particular strengths in ADAS and System Engineering.
The transaction marks another landmark in the automotive technology engineering and software development sector, demonstrating Deloitte’s unique capabilities and market knowledge.
About the transaction
The Deloitte team led by Götz Grundmann (Managing Director) and supported by Alexander Völkel (Senior Associate) and Louis Blank (Analyst) provided sell-side M&A lead advisory services and successfully advised Marc Wille from MW Beteiligungs GmbH to enter into a definitive agreement for the sale of 100% of the shares in ES-Tec GmbH and its subsidiaries.
Founded by Marc Wille in 2006 and headquartered in Wolfsburg, Germany, ES-Tec Group is a premium automotive engineering services provider with deep domain expertise in Driver Assistance Systems (ADAS), Connected Driving, and Digital Engineering. With a talent pool of over 300 skilled professionals, ES-Tec has built a strong reputation for delivering complex systems engineering solutions to its customers.
The acquisition marks a significant step forward in TTL’s global growth strategy, reinforcing its commitment to delivering future-ready engineering solutions to the automotive industry. ES-Tec’s established presence in Germany – one of the world’s most advanced automotive innovation hubs – provides Tata Technologies with a strategic platform to scale its ER&D operations, access top-tier engineering talent, and deepen relationships with marquee OEMs.
“The acquisition of ES-Tec Group is a strategic leap that enhances our ability to deliver end-to-end product engineering solutions across the automotive value chain and represents our commitment to expand our global footprint in accessing innovative engineering capabilities,” said Warren Harris, MD & CEO of Tata Technologies. “ES-Tec’s technical depth, customer centricity, and regional strength align perfectly with our strategic vision to be the first partner choice for global OEMs navigating the shift towards intelligent, connected, and sustainable mobility.”
Marc Wille, MD & CEO of ES-Tec said: “Joining forces with Tata Technologies is a key step for the ESTec Group to extend the breadth and depth of capabilities and expand our international presence. Together, we are ready to take on the future challenges of the automotive industry – delivering real value for our customers through competitive pricing, outstanding quality, and faster development cycles. Our goal is clear: to drive the global automotive industry forward, and together with Tata Technologies, become a partner of choice for the mobility sector.”
During the transaction, Deloitte demonstrated best-in-class execution capabilities, guaranteeing a swift and efficient process. The transaction is subject to customary closing conditions and regulatory approvals.
About the Client – ES-Tec Group
As a premium engineering service provider, ES-Tec shapes the mobility of tomorrow together with renowned OEMs. ES-Tec is deeply embedded in vehicle development, testing and implementing complex systems and functions with a strong focus on ADAS, Connected Driving, and Digital Engineering. With its nearshoring footprint in Morocco, the Group provides exclusive access to one of the world’s most advanced proving grounds – delivering a unique edge in testing, validation, and time-to-market acceleration. GE-T, as being a vital part of the Group, focuses on automation, robotics, and artificial intelligence, serving as the Group’s in-house driver of innovation and cuttingedge technology. Together, the Group combines technological excellence with maximum flexibility and rapid, unbureaucratic execution – creating real value for customers and strengtheningcompetitiveness in a transforming industry.
About the Buyer – Tata Technologies
Tata Technologies (BSE: 544028, NSE: TATATECH) is a global product engineering and digital services company focused on fulfilling the mission of helping the world drive, fly, build, and farm by enabling customers to realize better products and deliver better experiences. TTL is the strategic engineering partner businesses turn to when they aspire to be better. Manufacturing companies rely on TTL to enable them to conceptualize, develop, and realize better products that are safer and cleaner and improve the quality of life for all the stakeholders, helping to achieve the vision of #EngineeringABetterWorld.
About Deloitte – Corporate Finance Advisory
As a leading independent M&A advisor, we provide M&A deal execution and financial advisory services as well as Debt Advisory, to large and mid-market corporations, and private equity firms globally. We offer financial advice and insight at every stage of a transaction – from consideration of strategic options to transaction execution, be it an IPO, acquisition, or divestment, restructuring or carve-out. We pride ourselves on delivering independent, client-focused advice.
Deal contacts:
Götz Grundmann, Managing Director: +49 151 5807 6090, gogrundmann@deloitte.de