M&A Deal Summary |
|
|---|---|
| Date | 2018-09-12 |
| Target | Sedgwick |
| Sector | Insurance |
| Buyer(s) |
The Carlyle Group
Ardian |
| Sellers(s) | KKR |
| Deal Type | Secondary Buyout |
| Deal Value | 6.7B USD |
| Advisor(s) | BofA Securities (Financial) Simpson Thacher & Bartlett (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 376.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 619 of 695 |
| Sector (Insurance) | 11 of 15 |
| Type (Secondary Buyout) | 95 of 125 |
| State (Tennessee) | 2 of 4 |
| Country (United States) | 301 of 336 |
| Year (2018) | 15 of 22 |
| Size (of disclosed) | 10 of 133 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-12 |
Design Holding
Milan, Italy Design Holding owns and operates complementary brands such as Flos, Louis Poulsen, B&B Italia, Maxalto, Azucena and Arclinea. Design Holding was founded in 2018 and is based in Milan, Italy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-13 |
Abacus Pharmaceuticals
Lugogo Kampala, Uganda Abacus Pharmaceuticals is a distributor of pharmaceutical products in East Africa and the largest manufacturer of parenterals (IV fluids, ear, eye and nose drops) in Uganda. The company has a differentiated product offering, ranging from mission critical parenterals to branded generics for chronic therapeutic areas such as oncology, diabetes and cardiovascular. Abacus has an extensive distribution network with 30 wholesale branches across Uganda, Tanzania, Burundi, Rwanda and Kenya, of which many are located in remote and rural areas. The company is the distributor of choice for many multinational pharmaceutical companies looking to enter the East African market because of its strong brand recognition, reputation for quality and extensive distribution network. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 125.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €150 million per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 321 of 416 |
| Sector (Insurance) | 7 of 11 |
| Type (Secondary Buyout) | 102 of 135 |
| State (Tennessee) | 2 of 2 |
| Country (United States) | 45 of 58 |
| Year (2018) | 15 of 22 |
| Size (of disclosed) | 9 of 67 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-06 |
Guala Closures
Alessandria, Italy Guala Closures is a manufacturer of spirits and wine closures through operating in 5 continents with 27 production sites and has a commercial presence in over 100 countries; about 90% of the group's turnover is generated outside of Italy. Guala Closures was founded in 1954 and is based in Alessandria, Italy. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-17 |
IWD
Paris, France IWD offers 2D, 3D, and virtual reality software through its various businesses and supports luxury brands in their retail and merchandising strategies as well as in their training programs. IWD is one of the leading merchandising software publishers that collaborates with more than three hundred leading brands such as L'Oreal, LVMH, VF Corp, Chanel, Nespresso and Shiseido. IWD was founded in 2000 and is based in Paris, France. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 510.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 117 of 173 |
| Sector (Insurance) | 2 of 4 |
| Type (Secondary Buyout) | 21 of 34 |
| State (Tennessee) | 3 of 3 |
| Country (United States) | 56 of 81 |
| Year (2018) | 15 of 16 |
| Size (of disclosed) | 4 of 38 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-10 |
Clarify Health
San Francisco, California, United States Clarify Health develops software to provide insights to providers, payers, and life sciences companies. Clarify’s healthcare analytics platform allows identifying business opportunities that are hidden from plain sight with on-the-fly exploration of the most comprehensive collection of real-world patient journeys. Clarify Health was founded in 2015 and is based in San Francisco, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-27 |
United Group B.V.
Amsterdam, Netherlands United Group B.V. is a media and communication services provider. United Group providing customers with a full range of telecommunications services. United Group B.V. was founded in 2007 and is based in Amsterdam, Netherlands. |
Sell | - |
