M&A Deal Summary

3i Private Equity Acquires Hans Anders Retail Group BV

On April 10, 2017, private equity firm 3i Private Equity acquired retail company Hans Anders Retail Group BV from Alpha Group and BV Capital Partners for 200M EUR

Acquisition Highlights
  • This is 3i Private Equity’s 14th transaction in the Retail sector.
  • This is 3i Private Equity’s 27th largest (disclosed) transaction.
  • This is 3i Private Equity’s 14th transaction in the Netherlands.

M&A Deal Summary

Date 2017-04-10
Target Hans Anders Retail Group BV
Sector Retail
Buyer(s) 3i Private Equity
Sellers(s) Alpha Group
BV Capital Partners
Deal Type Secondary Buyout
Deal Value 200M EUR

Target

Hans Anders Retail Group BV

Gorinchem, Netherlands
website
Hans Anders is an optical retail chain. The company offers a range of private label and branded spectacles, as well as hearing aids, contact lenses and sunglasses, at average price points significantly below its major competitors. Hans Anders was established in 1982 and is based in Gorinchem, Netherlands.

Search 161,083 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

3i Private Equity

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1945
PE ASSETS 11.0B GBP
SizeMega
Type Sector Agnostic
DESCRIPTION

3i Private Equity is the private equity arm of 3i Group, a publicly held, global investment firm focused on private equity and infrastructure investing. 3i Private Equity generally targets buyout and growth capital financings and looks for opportunities across Europe, North America, and Asia. The Firm's targeted transaction range is €100 to €500 million. Industries of interest include business services, healthcare, consumer, media, oil/gas & power, technology, and financial services. 3i Group was originally formed in 1945 and is based in London.


DEAL STATS #
Overall 227 of 243
Sector (Retail) 14 of 14
Type (Secondary Buyout) 32 of 41
Country (Netherlands) 14 of 17
Year (2017) 2 of 4
Size (of disclosed) 27 of 64
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-21 Environmental Scientifics Group Ltd.

Staffordshire, United Kingdom

Environmental Scientifics Group Ltd. is a provider of testing, inspection and compliance services. Operating across five distinct divisions we offer an unrivalled range of technical expertise and accredited services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-12 Formel D GmbH

Cologne, Germany

Formel D is a service provider to the automotive and component supply industry. The company develops concepts and scalable solutions for quality assurance and process optimisation along the entire automotive value chain - from development to production through to aftersales. Formel D was founded in 1993 and is based in Cologne, Germany.

Buy -

Seller(S) 2

SELLER

Alpha Group

Paris, France

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1985
PE ASSETS 2.0B EUR
SizeLarge
Type Sector Agnostic
DESCRIPTION

Alpha Group is a European private equity firm specializing in LBOs and development capital investments. The Firm seeks to invest in companies throughout Europe, including Germany, Switzerland, Italy, France, and Benelux as well as some eastern European countries. The Firm seeks to commit €50 to €125 million in companies valued between €100 and €500 million. Alpha typically takes majority control and arranges for founders or key managers to co-invest. Sectors of interest include Consumer & Leisure, Fashion & Design, Industrial Manufacturing and Service & Distibution. Alpha Group was formed in 1985 and is based in Paris.


DEAL STATS #
Overall 32 of 38
Sector (Retail) 5 of 5
Type (Secondary Buyout) 23 of 26
Country (Netherlands) 2 of 2
Year (2017) 1 of 3
Size (of disclosed) 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-22 Feu Vert SA

Madrid, Spain

Feu Vert manages a network of 450+ Maintenance & Repair autos centers spread over France, Spain, and Portugal. Feu Vert business covers both the workshop activity which accounts for the bulk of its business, as well as the distribution of car spare parts and accessories. Feu Vert was founded in 1990 and is based in Madrid, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-12 EUROPART Group GmbH

Hagen, Germany

Europart is a partner for commercial vehicle workshops and operators of the truck, trailer, transporter, and bus fleets in the European independent aftermarket with more than 400,000 parts and 300 sales outlets in 27 countries. Europart was founded in 1948 and is based in Hagen, Germany.

Buy -
SELLER

BV Capital Partners

Luxembourg, Luxembourg

Investor

website


Category Private Equity Firm
Founded 2003
SizeSmall
Type Sector Agnostic
DESCRIPTION

BV Capital Partners is a private equity firm specializing in buyouts, buy-ins, growth capital financings, and recapitalizations of small and mid-sized companies throughout the Benelux. The Firm looks to make controlling investments in businesses with defensible market positions and at least €1 million of stable cash flows. Prospective companies typically generate revenues of €15 to €60 million and are valued up to €30 million. Areas of interest include chemicals, environmental, consumer products, industrial, leisure, healthcare, pharmaceuticals, financial services, and business services. The Firm will not invest in project oriented businesses, turnarounds, media, trading companies, distribution, bio-tech, software, or real estate. BV Capital Partners was formed in 2003 and is based in Luxembourg.


DEAL STATS #
Overall 2 of 2
Sector (Retail) 1 of 1
Type (Secondary Buyout) 2 of 2
Country (Netherlands) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-11 Hans Anders Retail Group BV

Gorinchem, Netherlands

Hans Anders is an optical retail chain. The company offers a range of private label and branded spectacles, as well as hearing aids, contact lenses and sunglasses, at average price points significantly below its major competitors. Hans Anders was established in 1982 and is based in Gorinchem, Netherlands.

Buy €160M