M&A Deal Summary

Vanguards Acquires Aeron

On January 1, 2020, Vanguards acquired retailer Aeron from GB & Partners Investment Management

Acquisition Highlights
  • This is Vanguards’ 1st transaction in the Retail sector.
  • This is Vanguards’ 2nd transaction in Hungary.

M&A Deal Summary

Date 2020-01-01
Target Aeron
Sector Retail
Buyer(s) Vanguards
Sellers(s) GB & Partners Investment Management
Deal Type Merger

Target

Aeron

Budapest , Hungary
website
Aeron is a fashion brand combines the timelessness of traditional craftsmanship with the most modern design technologies, through the lens of a modern woman's everyday life. Aeron is a tour-de-force of paired back silhouettes and progressive design, contrasts synthesized a modern woman’s complexity in balance. Aeron was founded in 2011 and is based in Budapest, Hungary.

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Buyer(S) 1

Buyer

Vanguards

Budapest, Hungary

website


Category Company
Founded 2020
Sector Apparel/Textiles
DESCRIPTION

Vanguards aims to develop creative vision and customized strategies that set bold commercial ambitions for its brands to align them as successfully as possible with the new luxury market and target audience. Vanguards was founded in 2020 and is based in Budapest, Hungary.


DEAL STATS #
Overall 3 of 3
Sector (Retail) 1 of 1
Type (Merger) 3 of 3
Country (Hungary) 2 of 2
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Sunnei

Milano, Italy

Sunnei is an internationally renowned designer brand, operating with futuristic creativity. The design couple of the young uses a wide range of digital communication solutions with boundless playfulness, effectively combining them with increasing brand awareness and selling their collections in an innovative way. Sunnei was founded in 2014 and is based in Milano, Italy.

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Seller(S) 1

DESCRIPTION

GB & Partners Investment Management is a private equity firm focused on growth-oriented small to mid-sized companies throughout Hungary. Sectors of interest include apparel, financial technology, medical technology, and mechanical engineering. GB & Partners was established in 2012 and is based in Budapest.


DEAL STATS #
Overall 2 of 2
Sector (Retail) 1 of 1
Type (Merger) 2 of 2
Country (Hungary) 2 of 2
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Nanushka

Budapest, Hungary

Nanushka is a fashion brand, its collections focus primarily on craftsmanship, details and materials, which at the same time reveal the brand's connection and respect for nature, community and the world around us all. The selection of materials also follows sustainability aspects, while the handicraft and manual techniques are a unique blend of traditional and contemporary culture. Nanushka was founded in 2006 and is based in Budapest, Hungary.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-03 Parking Revenue Recovery Services

Aurora, Colorado, United States

Parking Revenue Recovery Services is a parking enforcement and collection services provider in North America. PRRS provides customized enforcement and collection programs designed to increase revenue while eliminating expenses. PRRS creates exceptional value for clients, municipalities, universities, and other entities by (1) increasing overall customer compliance while delivering exceptional customer service; and (2) maximizing enforcement and collections revenue. Parking Revenue Recovery Services was founded in 2005 and is based in Aurora, Colorado.

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