M&A Deal Summary

KKR Acquires Selecta

On October 12, 2015, private equity firm KKR acquired machinery company Selecta from Allianz Capital Partners

Acquisition Highlights
  • This is KKR’s 5th transaction in the Machinery sector.
  • This is KKR’s 4th transaction in Switzerland.

M&A Deal Summary
Date 2015-10-12
Target Selecta
Sector Machinery
Buyer(s) KKR
Sellers(s) Allianz Capital Partners
Deal Type Secondary Buyout

Target

Selecta

Steinhausen, Switzerland
Selecta is a vending and coffee services company operating more than 145,000 vending machines and serving more than 6 million consumers daily. Selecta was formed in 1957 and is based in Steinhausen, Switzerland.

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Buyer(S) 1

Buyer

KKR

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1976
PE ASSETS 510.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other 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 invest in a broad range of industries and companies and will consider businesses throughout 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 and is based in New York, New York.

DEAL STATS #
Overall 184 of 437
Sector (Machinery) 5 of 6
Type (Secondary Buyout) 36 of 109
Country (Switzerland) 4 of 6
Year (2015) 22 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 Scout24

Munich, Germany

Scout24 is a proivder of online market places. The six marketplaces of the Scout24 Group - ImmobilienScout24, AutoScout24, FriendScout24, FinanceScout24, JobScout24 and TravelScout24 - are present in 22 countries As a strong partner, Scout supports its customers in important decisions, in particular in the fields of housing, mobility, partnership and finance. Scout24 was founded in 1998 and is based in Munich, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-13 58 Home

Beijing, China

58 Home is a multi-category local services platform in China. It provides information on and access to high-quality offline services such as cleaning, moving, babysitting, beauty care, and many other categories in approximately 30 cities in China. With its location-based order processing system, 58 Home's platform directly connects customers to the nearest independent service providers. 58 Home was founded in 2014 and is based in China.

Buy -

Seller(S) 1

SELLER

Allianz Capital Partners

Munich, Germany

Investor Investor Investor

Category Asset Manager
Founded 1996
PE ASSETS 50.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Allianz Capital Partners is the asset management affiliate of the Allianz Group. The Firm operates in three segments, including Private Equity, Renewable Energy, and Infrastructure. The Private Equity investment group primarily pursues venture and private equity fund investments, however the group is an active co-investor, looking to support buyouts and growth capital financings in a variety of sectors. The Renewables Group seeks investments in long-term wind and solar projects. The Infrastructure team pursues energy and transportation infrastructure projects. Allianz Capital Partners was formed in 1996 and has offices in Munich, London, New York, and Singapore.

DEAL STATS #
Overall 2 of 3
Sector (Machinery) 1 of 1
Type (Secondary Buyout) 1 of 2
Country (Switzerland) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-24 Bazalgette Tunnel

London, United Kingdom

Bazalgette Tunnel is a provider of construction services. Bazalgette Tunnel was founded in 2015 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-12 OX2 Group - 21 MW Wind Power

Finland

OX2 Group's 21 MW Wind Power is at Jouttikallio, around 80 km from Vaasa, has a capacity of 21 megawatts and will satisfy the electricity demands of around 12,600 households. OX2 Group's 21 MW Wind Power is based in Finland.

Buy -
Mergr

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