We have advised Indian-headquartered KPIT Technologies Limited (KPIT), a global leader in mobility technology solutions, on the US$157m acquisition of the Engineering Solutions business of Caresoft Global (Caresoft), a leader in automotive benchmarking and cost-reduction engineering solutions, headquartered in Illinois, USA.
Deal / 1 Sep 2025
Advising KPIT Technologies on US$157m acquisition of Caresoft Global Engineering Solutions
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KPIT specialises in software-defined vehicles (SDVs), embedded systems and system integration. KPIT partners with global automotive OEMs and Tier 1 suppliers to accelerate the transformation of the mobility industry, with a strong focus on electrification, autonomous driving, connected vehicles and cost-efficient engineering.
As part of the transaction, Caresoft is restructuring into two distinct business units: Benchmarking and Engineering Solutions. KPIT has acquired the Engineering Solutions business globally, which focuses on off-highway, truck and bus segments, and manufacturing support. KPIT will continue to partner with Caresoft in its Benchmarking business.
This acquisition strengthens KPIT’s strategic focus on the commercial vehicle segment, enabling it to leverage Caresoft’s expertise in downstream engineering and benchmarking services, established OEM relationships and presence in China: a key growth market for KPIT.
This is a truly multi-jurisdictional transaction, with Gateley Legal acting as the lead legal adviser, alongside several independent relationship firms in other jurisdictions to address local requirements across the UK, US, Mexico, Italy and Brazil.
Gateley Legal’s corporate team, led by partner David Armitage, comprised partner Matt Hussey, legal director Ian McDonald, senior associate Michael Rock and graduate solicitor apprentice Dan Flint. The team was further supported by tax partner James Gopsill and solicitor John Gumery.
This acquisition marks a strategic step towards strengthening our capabilities within the commercial vehicle space. We are especially grateful to David and the team at Gateley Legal for their exceptional support as lead legal advisor. Their ability to navigate the complexities of a cross-border transaction, coordinating seamlessly across multiple jurisdictions and with several stakeholders, was instrumental in securing a successful outcome.
David Armitage added: “We’re delighted to have supported KPIT on this strategic acquisition. It’s a great example of our strong expertise in leading on complex, multi-jurisdictional deals in the technology and mobility sectors. Supporting KPIT in achieving this milestone has been a privilege, and we look forward to helping KPIT again on their global growth journey.”
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