M&A Deal Summary |
|
|---|---|
| Date | 2004-09-16 |
| Target | LowendalMasai |
| Sector | Business Services |
| Buyer(s) | Ardian |
| Sellers(s) | Astorg Partners |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €1 billion per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 465 |
| Sector: Business Services M&A | 2 of 38 |
| Type: Secondary Buyout M&A Deals | 3 of 155 |
| Country: France M&A | 11 of 207 |
| Year: 2004 M&A | 6 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-09-01 |
Maxeda B.V.
Amsterdam, Netherlands Maxeda is a non-food retailer in the Benelux area with leading positions in the department store, DIY, apparel and consumer electronics sectors. |
Buy | €2.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-09-22 |
ModeLabs
Paris, France Customized design manufacturer specialising in the creation and development of made-to-measure mobile telecoms terminals. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 22.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Astorg Partners is a private equity firm that targets small to midcap company investments primarily in France and to a limited extent, Western Europe. Astorg Partners looks for companies valued between €400 million and €2 billion, requiring at least €15 million in equity. Areas of interest include healthcare, retail, distribution, hospitality, and professional services. Prospective transaction situations include leverage build-ups, divestitures, family transitions, and secondary buyouts. Astorg Partners was formed in 1998 and is based in Paris and has additional offices in London and Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 35 |
| Sector: Business Services M&A | 1 of 3 |
| Type: Secondary Buyout M&A Deals | 2 of 22 |
| Country: France M&A | 2 of 27 |
| Year: 2004 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-07-27 |
Comptage Immobilier Services
Masy, France Comptages Immobilie Service (CIS) provies sub-metering industry offering renting, reading and management services of mostly water and heat metering devices. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-02 |
Picard
Fontainebleau, France Picard is a frozen food retailer in France, with a product range that covers over 1,100 SKUS across nine product categories, from starters to desserts and from raw ingredients to prepared meals. Picard was founded in 1906 and is based in Fontainebleau, France. |
Sell | €1.3B |
