Wise has acquired a majority stake in Tatuus Racing, a global leader in the design, manufacturing and sale of racing cars, from the Company's founders.
In the last 15 years, Tatuus has produced more than 1.800 racing cars, collaborating with many of the most prestigious brands in the industry, such as Renault, Toyota, Honda, Abarth, Cosworth, Ford, Volkswagen and Mazda. Several of the current Formula 1 drivers, e.g. Hamilton, Raikkonen, Massa, and Ricciardo, raced using cars produced by Tatuus. Among Tatuus' achievements, Formula 4 cars have become the standard for junior racing categories and have enabled the development of FIA Formula 4 championships all over the world. Since 2017, Tatuus also supplies the USF 2000 and Pro Mazda championships, both part of the Road to Indy program in the USA. DVRCAPITAL acted as financial advisor to the sellers | March 2017
M&A AdvisoryMarch 2017