M&A Deal Summary

Babcock International Group Acquires Avincis

On March 27, 2014, Babcock International Group acquired transportation company Avincis from Investindustrial and KKR for 2.0B EUR

Acquisition Highlights
  • This is Babcock International Group’s 1st transaction in the Transportation sector.
  • This is Babcock International Group’s largest (disclosed) transaction.
  • This is Babcock International Group’s 1st transaction in Spain.

M&A Deal Summary

Date 2014-03-27
Target Avincis
Sector Transportation
Buyer(s) Babcock International Group
Sellers(s) Investindustrial
KKR
Deal Type Add-on Acquisition
Deal Value 2.0B EUR

Target

Avincis

Alicante, Spain
website
Grupo Inaer (www.grupoinaer.com) is consolidating its leadership in the emergency and mission critical European helicopter services market both by reinforcing organic growth in the domestic market and by implementing selective international bolt-on acquisitions. The company operates as a concession business with strong sales visibility.

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Buyer(S) 1

Buyer

Babcock International Group

London, United Kingdom

website


Category Company
Founded 1891
Sector Environmental
Employees28,341
Revenue 4.1B GBP (2022)
DESCRIPTION

Babcock International Group is a British multinational support services company specialising in managing complex assets and infrastructure in safety- and mission-critical environments. Babcock International Group was incorporated in 1891 and is based in London, the United Kingdom.


DEAL STATS #
Overall 9 of 10
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 8 of 9
Country (Spain) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-19 Context Information Security

London, United Kingdom

Context Information Security Ltd. is an information security service provider in the U.K. and in global financial services. Context provides high-end cyber defense, intelligence-driven red team, vulnerability research, and incident response services. Context was established in 1998 and is based in London, United Kingdom.

Buy £32M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-06 Defence Support Group

Andover, United Kingdom

DSG is the MoD agency responsible for storage, maintenance, repair and overhaul of military vehicles and equipment.

Buy £140M

Seller(S) 2

SELLER

Investindustrial

London, United Kingdom

Investor Investor

website


Category Private Equity Firm
Founded 1990
PE ASSETS 11.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Investindustrial is an investment firm focused on creating global leaders through organic growth and acquisitions. The Firm is operationally driven and seeks opportunities in Southern Europe. Areas of interest include services, consumer, retail, leisure, and industrial manufacturing. Investindustrial has offices in London, Luxembourg, Milan, Lugano, Barcelona, Shanghai, and New York.


DEAL STATS #
Overall 14 of 34
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 7 of 16
Country (Spain) 5 of 13
Year (2014) 2 of 4
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Banco BPM

Verona, Italy

Banco BPM is a provider of a full range of banking and financial products and services to individual, business, and corporate customers. Banco BPM was founded in 2017 and is based in Verona, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Svenson

Madrid, Spain

Svenson is a provider of hair restoration treatments and services.

Sell -
SELLER

KKR

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1976
PE ASSETS 367.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

Kohlberg Kravis Roberts & Co. LP (KKR) is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into three business segments which include private markets, public markets, and capital markets and principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will consider investments in a broad range of industries located in North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976, is based in New York City, and has offices throughout the globe.


DEAL STATS #
Overall 51 of 158
Sector (Transportation) 1 of 4
Type (Add-on Acquisition) 15 of 59
Country (Spain) 1 of 5
Year (2014) 5 of 17
Size (of disclosed) 17 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-12 Pets at Home Group

Handforth, United Kingdom

Pets at Home Ltd. is the specialist retailer of pet food, pet related products and accessories. Pets at Home was founded in 1991 and is based in Handforth, the United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Aceco TI

Brooklin Novo, Brazil

Aceco TI is a premier provider of customized data center solutions in Brazil and Latin America. Headquartered in São Paulo and with offices throughout the region, the company provides design, implementation, installation and maintenance services for data center infrastructure. Aceco has built over 500 data centers throughout its history.

Buy -