M&A Deal Summary

PAI Partners Acquires European Camping Group

On September 6, 2021, private equity firm PAI Partners acquired leisure company European Camping Group from The Carlyle Group, Montefiore Investment and Ontario Teachers Pension Plan

Acquisition Highlights
  • This is PAI Partners’ 3rd transaction in the Leisure sector.
  • This is PAI Partners’ 37th transaction in France.

M&A Deal Summary

Date 2021-09-06
Target European Camping Group
Sector Leisure
Buyer(s) PAI Partners
Sellers(s) The Carlyle Group
Montefiore Investment
Ontario Teachers Pension Plan
Deal Type Secondary Buyout

Target

European Camping Group

Aix-en-Provence, France
website
European Camping Group is a provider of holiday camping and mobile homes to customers. European Camping Group was formed in 1989 and is based in Aix-en-Provence, France.

Search 191,543 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

PAI Partners

Paris, France

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1998
PE ASSETS 16.2B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

PAI Partners is a European private equity firm that makes controlling equity investments in buyout transactions valued in excess of €300 million. PAI is particularly interested in 'investing in consolidating sectors and in markets where growth can be sustained through economic and financial market cycles.' Sectors of interest include consumer retail, professional distribution, building materials, infrastructure and utilities, media, IT, communications, food, consumer goods, healthcare, chemicals, automotive, aeronautics, paper & packaging, electrical appliances, and household equipment (heating, air-conditioning, security). The firms invest in the range of €100 - €300 million transaction. PAI was formed in 1998 and is based in Paris with additional offices in Madrid, Milan, Munich, Luxembourg, Copenhagen, and London.


DEAL STATS #
Overall 80 of 90
Sector (Leisure) 3 of 4
Type (Secondary Buyout) 36 of 44
Country (France) 37 of 40
Year (2021) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-03 Tropicana Products

Bradenton, Florida, United States

Tropicana Products is a provider of juices, and brands including Tropicana, Naked, KeVita, Izze, Dole, Copella, and Punica. Tropicana Products was founded in 1947 and is based in Bradenton, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-08 Addo Food Group

Nottingham, United Kingdom

Addo Food Group is a food company specializing in chilled savory foods, including pork pies, quiche, savory pies, sausage rolls, pasties, slices, and Scotch eggs. The company produces including sausage rolls, scotch eggs, and pies for some of the UK’s best-known brands, such as Pork Farms, Wall’s, Bowyers and Millers Bakery. Addo Food Group was founded in 1786 and is based in Nottingham, United Kingdom.

Sell -

Seller(S) 3

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1987
PE ASSETS 376.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

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 412 of 443
Sector (Leisure) 8 of 8
Type (Secondary Buyout) 94 of 114
Country (France) 20 of 21
Year (2021) 15 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-17 Workforce Logiq

Orlando, Florida, United States

Workforce Logiq is a global provider of software and services to large corporations in the fast-growing, global workforce management space. Workforce Logiq was formed in 1999 and is based in Orlando, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-04 1440 Foods

New York, New York, United States

1440 Foods is a functional snacking and active lifestyle platform with 4 brands: Pure Protein, Met RX, Body Fortress, and Balance Bar. The Company sells protein bars, protein powders, ready-to-drink protein shakes, and protein salty snacks. 1440 Foods is based in New York City.

Sell -
SELLER

Montefiore Investment

Paris, France

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2005
PE ASSETS 1.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Montefiore Investment is a independent investment group focused on acquiring mid-market companies with strong potential for profit and growth. The Firm primarily targets opportunities in "Locally Supplied Services". Sectors of interest include retail, B2B distribution, hotels/catering, leisure, tourism, transportation, healthcare, consumer services, and business services. Montefiore looks to invest €15 to €100 million. Montefiore Investment was formed in 2005 and is based in Paris.


DEAL STATS #
Overall 7 of 8
Sector (Leisure) 2 of 2
Type (Secondary Buyout) 6 of 6
Country (France) 6 of 7
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Interflora

Paris, France

Interflora is a flower and gift digital platform that operates a portfolio of complementary gifting brands including Interflora, the iconic European flower and gift brand in France, Denmark, Italy, Spain, Portugal, Luxembourg, Iceland, and Romania. MyFlower is the holding company of the Interflora France group operating the Interflora brand, a leader in floral transmission in Europe, which also owns the online pure-player “Bebloom”, as well as “Renaud Distribution”, a leader in distributing supplies to florists, and cadeaux.com, the leader in online distribution of personalized gifts. Interflora was formed in 1991 and is based in Paris.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-22 Gandi

Paris, France

Gandi is an internet registrar. It provides domain names registration and management, web hosting services, cloud, as well as web security services, with over two million domain names serviced in Europe, the US and Asia. Gandi was founded in 1999 and is based in Paris, France.

Sell -
SELLER

Ontario Teachers Pension Plan

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

website


Category Pension
Founded 1990
PE ASSETS 242.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Teachers' Private Capital is the direct investment arm of the Ontario Teachers' Pension Plan. Teachers' Private Capital considers both private equity and venture related investments in North America, Europe, and Asia. Teachers' can support direct private equity investments between $100 million and $3 billion. Target sectors include business services, consumer products, retail, diversified industrials, financial services, technology, media, and communications. Teachers' Private Capital also makes private equity fund investments between $50 million and $750 million. Teachers' Private Capital was formed in 1991 and is based in Toronto, with additional offices in London and New York.


DEAL STATS #
Overall 60 of 69
Sector (Leisure) 3 of 3
Type (Secondary Buyout) 17 of 19
Country (France) 1 of 1
Year (2021) 11 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-27 Acorn Health

Coral Gables, Florida, United States

Acorn Health develops, applies, and shares the latest advances in the science of applied behavior analysis (ABA) to children with autism in Southern Illinois and Northern Missouri. Acorn Health was founded in 2018 and is based in Coral Gables, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-22 HomeEquity Bank

Toronto, Ontario, Canada

HomeEquity Bank is a Schedule 1 Canadian Bank offering a range of reverse mortgage solutions including the flagship CHIP Reverse Mortgage product. HomeEquity Bank was founded in 1986 and is based in Toronto, Ontario.

Buy -