M&A Deal Summary |
|
|---|---|
| Date | 2014-06-09 |
| Target | Sascar Tecnologia Automotiva |
| Sector | Safety/Security |
| Buyer(s) | Michelin |
| Sellers(s) | GP Investments |
| Deal Type | Add-on Acquisition |
| Deal Value | 520M EUR |
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| Category | Company |
|---|---|
| Founded | 1863 |
| Sector | Automotive |
| Employees | 117,540 |
| Revenue | 28.6B EUR (2022) |
Michelin is a manufacturer and marketer of tires for every type of vehicle, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment and trucks. It also offers electronic mobility support services on ViaMichelin.com and publishes travel guides, hotel and restaurant guides, maps and road atlases. Michelin was founded in 1863 and is based in Clermont-Ferrand, France.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 20 |
| Sector (Safety/Security) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 15 |
| Country (Brazil) | 1 of 2 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-08-18 |
Async Technologies
Ennis, Ireland Async Technologies Ltd. developed systems to extend the lifetime of tyres on large commercial vehicle fleets by monitoring tyre health and scheduling maintenance. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-14 |
Allopneus SAS
France Allopneus SAS is a French internet tire retailer. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
GP Investments is a publicly-traded private equity group that targets opportunities in Latin/South America. GP targets mature businesses in traditional industries with revenues greater than $60 million (US). Prospective transaction situations include consolidations, non-core divestitures, acquisitions of family-owned businesses, recapitalizations, and restructurings. The Firm prefers control positions when pursuing transactions. GP will not invest in start-ups and avoids tech-related or biotech companies. GP was formed in 1993 and has offices in Bermuda and Sao Paulo, Brazil.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 11 |
| Sector (Safety/Security) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 3 |
| Country (Brazil) | 6 of 9 |
| Year (2014) | 1 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-09 |
Fogo de Chão
Dallas, Texas, United States Fogo de Chão is a Brazilian steakhouse, or churrascaria, which has specialized in fire-roasting high-quality meats utilizing the centuries-old Southern Brazilian cooking technique of churrasco. Fogo de Chão was founded in 1979 and is based in Dallas, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-15 |
BR Towers
Sao Paulo, Brazil BR Towers offers telecom tower sharing solutions that help driving mobile communication in Brazil. BR Towers works with experienced professionals that come from a highly qualified background in telecommunications. BR Towers is based in Sao Paulo, Brazil. |
Sell | - |
