M&A Deal Summary |
|
|---|---|
| Date | 2011-09-02 |
| Target | Converteam SAS |
| Sector | Electrical Equipment |
| Buyer(s) | General Electric |
| Sellers(s) |
Equistone Partners Europe Limited
LBO France Idinvest Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 3.2B USD |
| Advisor(s) | Canaccord Genuity Corp. (Financial) |
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| Category | Company |
|---|---|
| Founded | 1892 |
| Sector | Diversified |
| Employees | 205,000 |
| Revenue | 76.6B USD (2022) |
General Electric is a diversified technology and financial services corporation. Products and services range from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing and industrial products. General Electric was founded in 1892 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 41 |
| Sector (Electrical Equipment) | 2 of 3 |
| Type (Add-on Acquisition) | 17 of 30 |
| Country (France) | 1 of 1 |
| Year (2011) | 3 of 3 |
| Size (of disclosed) | 6 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-01-13 |
Lineage Power Holdings
Plano, Texas, United States Lineage Power manufactures AC-DC and DC-DC power solutions in North America. The company provides power and components for communications, computer, and data networking companies. Its products include power solutions, DC-DC converters, filter modules, front-end AC-DC rectifier solutions, heat sinks, indoor and outdoor power, isolated and non-isolated converters, product range charts, shelf-level power, and telecom power systems. |
Buy | $520M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-22 |
Advanced Systek Pvt.
Vadodara, India Advanced Systek Pvt. Ltd. is a suppliers of terminal automation systems and flow metering solutions. Advanced Systek is a pioneer in providing integrated automation systems for pipeline transfer and storage-distribution of petroleum and petrochemical products as well as supplying solutions for complex liquid and gas metering skid systems. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 9.6B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Equistone Partners Europe Ltd is a private equity firm that invests in small to mid-sized companies with valued from €50 to €500 million. Equistone targets companies operating in the fields of services, healthcare, financial services, and consumer/travel. The Firm looks to invest €25 to €200 million in a variety of transactions, including buyouts, growth capital financings, and recapitalizations. Equistone Partners Europe Ltd. (formerly Barclays Private Equity Ltd) was formed in 1997 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 101 of 191 |
| Sector (Electrical Equipment) | 6 of 10 |
| Type (Add-on Acquisition) | 35 of 66 |
| Country (France) | 35 of 60 |
| Year (2011) | 10 of 12 |
| Size (of disclosed) | 1 of 58 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-01 |
IN tIME
Hanover, Germany IN tIME is a provider of time-critical express and courier services and has a leading market position in its segment in the European market. In Germany, the company offers its mostly industrial customers a guaranteed pickup of consignments up to 2,400 kg within 60 minutes and within 3 hours in the rest of Europe. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-27 |
Firstassist Insurance Services
Sutton, United Kingdom Firstassist Insurance Services Ltd. is a provider of healthcare insurance and related assistance operations that cater to the changing health and well being needs of businesses large and small individuals throughout their life stages. |
Sell | £71M |
| Category | Asset Manager |
|---|---|
| Founded | 1985 |
| PE ASSETS | 5.4B EUR |
| Size | Mega |
| Type | Sector Agnostic |
LBO France is an independent private equity group focused on acquiring majority stakes in French firms, or companies with French management. LBO France manages several funds, each targeting different types of businesses. The Firm's mid-market fund looks to acquire majority or minority stakes in companies valued from €100 million to €2.5 billion. The mid-market fund generally looks at companies with predictable sales, profits and cash flow, but will also consider businesses with under-utilized assets. LBO France's small cap fund targets majority stakes in smaller, profitable businesses valued from €10 to €100 million, with strong potential for growth or consolidation. In addition to its equity funds, LBO France also invests in real estate and provides LBO loans issued by medium-sized European companies (enterprise value between €150m and €2bn). LBO France was formed in 1985 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 54 |
| Sector (Electrical Equipment) | 3 of 5 |
| Type (Add-on Acquisition) | 3 of 14 |
| Country (France) | 12 of 46 |
| Year (2011) | 3 of 3 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-08-16 |
Eminence S.A.S.
Aimargues, France Eminence S.A.S. is a manufacturing and distribution of male underwear with Athena and Eminence brands in France, and Liabel brand in Italy |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-04 |
Emeraude International
Paris, France Emeraude International is a distributer of polymers and chemical products. Emeraude International was founded in 1986 and is based in Paris, France. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 7.6B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Idinvest Partners is a European investment firm focused on investing in small to mid-sized companies at various stages of development. Idinvest segments its investment activity into three groups. These include venture and growth capital, private debt, and dedicated portfolios/funds. Idinvest's venture and growth capital group looks to invest directly in early stage companies with high growth potential. Idinvest's private debt group seeks to provide senior or subordinated debt to small and mid-sized companies pursuing growth objectives. Idinvest's dedicated portfolio/funds group looks to invest in private equity funds, acquire secondary fund positions, and directly co-invest alongside other private equity firms in established companies. Idinvest Partners was formed in 1997 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 37 |
| Sector (Electrical Equipment) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 18 |
| Country (France) | 3 of 24 |
| Year (2011) | 4 of 5 |
| Size (of disclosed) | 1 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-22 |
Visiomed Group
Paris, France Visiomed Group manufactures and distributes electronic and parapharmaceutical products in 5 ranges (thermometers, blood pressure, electrotherapy, health & well-being and oral hygiene). Visiomed Group was founded in 2007 and is based in Paris, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-09 |
Ezakus Labs
Paris, France Ezakus Labs is a platform for advertising targeting. Ezakus Labs was founded in 2010 and is based in Paris, France. |
Buy | - |
