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Baker Botts Represents Macquarie Capital in Acquisition of ONYX Insight


Deal description: Macquarie Capital has today announced its acquisition of ONYX Insight (ONYX), the leading provider of wind turbine performance analytics and condition-based monitoring to the wind energy industry.

Part of bp Launchpad since 2017, ONYX has become the world’s leading wind turbine performance monitoring and optimization platform. It currently monitors more than 17,000 turbines in over 30 countries providing technology solutions to 7 out of Top 10 wind asset owners.  Endorsed by a number of prestigious awards, notably two Queen’s Awards for Enterprise and a ‘Made in the UK, Sold to the World’ award from the UK Department for Business and Trade, ONYX is recognized as one of the UK’s innovative technology companies that has achieved substantial international growth.

Following the acquisition, ONYX will continue to operate as an independent business providing services to its global base of wind turbine operators, owners and manufacturers. The company’s integrated suite of technologies and services can be utilized throughout the lifecycle of wind turbines, combining state-of-the-art enterprise software and analytics, sensing and engineering solutions to help wind turbine owners, operators and manufacturers optimize turbine performance, reduce downtime and help anticipate operational issues.

Macquarie Capital made the investment through its Growth and Technology team, which specializes in growth investments and buyouts. Macquarie Capital’s John Spirtos, Ben Bailey and David Roseman will join ONYX’s Board of Directors.

Baker Botts represented Macquarie Capital in the transaction.

Macquarie Capital’s press release can be found here.

Baker Botts Lawyers/Office Involved:

Corporate: David Marshall (Partner, London), Brendan Dignan (Partner, Washington, D.C.), Christina Mouktari (Associate, London), Meher Kairon Prasad (Associate, London), Tyler Kendler (Associate, Washington, D.C.)

Antitrust: Matthew Levitt (Partner, Brussels)

Executive Compensation: Jason Loden (Partner, Dallas), Gabriela Alvarez (Senior Associate, Houston)

Tax: Graham Brough (Special Counsel, London)

Intellectual Property: Neil Coulson (Partner, London), Jason Spotts (Associate, Dallas)

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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