M&A Deal Summary

Partners Group AG Acquires Velvet CARE

On December 11, 2023, asset manager Partners Group AG acquired consumer products company Velvet CARE from Abris Capital Partners

Acquisition Highlights
  • This is Partners Group AG’s 2nd transaction in the Consumer Products sector.
  • This is Partners Group AG’s 1st transaction in Poland.

M&A Deal Summary

Date 2023-12-11
Target Velvet CARE
Sector Consumer Products
Buyer(s) Partners Group AG
Sellers(s) Abris Capital Partners
Deal Type Secondary Buyout

Target

Velvet CARE

Klucze, Poland
website
Velvet CARE is one of the major manufacturers of tissue-based, personal hygiene products in CEE, producing toilet paper, kitchen paper and hand tissues sold under the Velvet brand. Velvet CARE was founded in 1897 and is based in Klucze, Poland.

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Buyer(S) 1

DESCRIPTION

Partners Group is a global investment management firm with a variety of funds and institutional clients. The Firm's direct investment group looks to invest in or acquire market leading companies with growth opportunities linked to technology. Partners is a hands-on investor and looks to actively support its portfolio companies with expansion, operational, and governance structure support. Partners Group was established in 1996 and is headquartered in Zug, Switzerland.


DEAL STATS #
Overall 87 of 87
Sector (Consumer Products) 2 of 2
Type (Secondary Buyout) 51 of 51
Country (Poland) 1 of 1
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-22 Civica

London, United Kingdom

Civica is a business-critical software and technology-based outsourcing services to both public sector organizations and to commercial organizations in highly regulated sectors. The Company has a highly diversified customer base, including local and central governments, healthcare providers, housing associations, schools, and police and fire services, serving 2,000 major customers in ten countries. Its software and services support functions ranging from financial management and tax & benefits processing to medical records management and are used by over two million professionals every day, streamlining the services provided to 100 million people and businesses. Civica was founded in 2002 and is based in London, United Kingdom.

Sell -

Seller(S) 1

SELLER
DESCRIPTION

Abris Capital Partners is a private equity firm focused on opportunities in Central and Eastern Europe. Abris targets situations where it can commit €30 to €75 million. Prospective businesses generally lead their markets, have 'significant' growth potential (organic or through consolidation), strong management, and predictable cash-flows. Abris Capital Partners was established in 2007 and is based in Warsaw.


DEAL STATS #
Overall 13 of 13
Sector (Consumer Products) 1 of 1
Type (Secondary Buyout) 3 of 3
Country (Poland) 10 of 10
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-20 Graal

Wejherowo, Poland

Graal is a fish processing company, that manufactures a wide range of fish-based products (including canned, smoked, and chilled products) as well as a number of meat-based prepared foods. The company produces both branded products (for example, ‘’Graal’’ and ‘SuperFish’’) as well as being a major private label supplier. It operates from four manufacturing facilities in Poland and exports to over 20 countries in Europe, North America, and Japan. Graal was formed in 1989 and is based in Wejherowo, Poland.

Sell -