M&A Deal Summary

Cinven Acquires Pronet

On June 25, 2012, private equity firm Cinven acquired safety/security company Pronet from Turkven Private Equity

Acquisition Highlights
  • This is Cinven’s 1st transaction in the Safety/Security sector.
  • This is Cinven’s 1st transaction in Turkey.

M&A Deal Summary

Date 2012-06-25
Target Pronet
Sector Safety/Security
Buyer(s) Cinven
Sellers(s) Turkven Private Equity
Deal Type Secondary Buyout

Target

Pronet

Istanbul, Turkey
website
Pronet is a provider of monitored electronic security systems across Turkey. The business offers a range of monitored security products including alarms, CCTV, access control and perimeter protection systems. Pronet primarily installs and services intruder alarms as well as provides the ongoing monitoring and management of alarm activation. Pronet was founded in1995 and is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

Cinven

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1977
PE ASSETS 39.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Cinven is a private equity firm focused on buyout investments in growing, profitable businesses located throughout Europe and North America. Sectors of interest include business and financial services, healthcare, industrial, retail, leisure, consumer, technology, media, and telecommunications. Cinven looks to invest a minimum of €200 million in companies with minimum enterprise values of €400 million. Cinven does not invest in start-ups or development phase companies. Cinven was established in 1977 and is headquartered in London.


DEAL STATS #
Overall 126 of 181
Sector (Safety/Security) 1 of 1
Type (Secondary Buyout) 23 of 52
Country (Turkey) 1 of 1
Year (2012) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-25 Prezioso-Technilor SAS

Vienne, France

Prezioso-Technilor SAS is a provider of coating and insulation services which maintain vital industrial infrastructures in the energy and infrastructure sector. Prezioso's services are critical to protecting the integrity of off-shore oil and gas and nuclear installations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-17 Mercury Pharma Group

Surrey, United Kingdom

Mercury Pharma Group is an international specialty pharmaceutical company selling niche prescription pharmaceuticals. The company markets its products across the globe with primary focus in UK and EU markets and operational bases in the UK, Ireland and India. Mercury Pharma Group was founded in 1991 and is based in Surrey, United Kingdom.

Buy £465M

Seller(S) 1

SELLER

Turkven Private Equity

Istanbul, Turkey

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2000
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Turkven Private Equity is an independent private equity firm targeting opportunities in Turkey. Turkven looks for situations requiring buyout, expansion and refinancing capital and will consider majority or minority investment positions. Prospective companies typically generate sales of $30 to $500 million. The Firm does not have any sector preferences. Turkven was formed in 2000 and is based in Istanbul.


DEAL STATS #
Overall 6 of 10
Sector (Safety/Security) 1 of 1
Type (Secondary Buyout) 3 of 3
Country (Turkey) 6 of 10
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-22 Koton Magazacilik Tekstil Sanayi Ve Ticaret A. S.

Istanbul, Turkey

Koton Magazacilik Tekstil Sanayi Ve Ticaret A. S. is a fashion apparel retailer in Turkey with over 300 stores and 370,000 sqm retail space, offering high fashion content and a local touch in women, men, kids and accessories collections. Koton was founded in 1988 and is based in Istanbul, Turkey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-11 Dogtas

İstanbul, Turkey

Dogtas is a manufacture of furniture production & wholesale. Dogtas was founded in 1972 and is based in İstanbul, Turkey.

Buy -