M&A Deal Summary |
|
|---|---|
| Date | 2018-03-01 |
| Target | Lessor A/S |
| Sector | Information Technology |
| Buyer(s) | Paychex |
| Sellers(s) | Axcel |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Business Services |
| Employees | 15,600 |
| Revenue | 5.3B USD (2024) |
Paychex is a provider of comprehensive payroll and integrated human resource and employee benefits outsourcing solutions for small- to medium-sized businesses in the US. Paychex was founded in 1971 and is based in Rochester, New York.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 22 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 15 of 19 |
| Country: Denmark M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-22 |
HROI
Lawrenceville, Georgia, United States HROI is a professional employer organization and administrative services organization. HROI was founded in 2001 and is based in Lawrenceville, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-26 |
Oasis Outsourcing
West Palm Beach, Florida, United States Oasis Outsourcing is a Florida-based Professional Employer Organization (PEO) serving almost 230,000 employees and 7,500 clients nationwide. Founded in 1996, it specializes in providing human resources services, employee benefits administration, payroll and tax administration, risk management services and staffing solutions to small- and medium-sized businesses throughout the United States. Oasis is accredited by the Employer Services Assurance Corporation (ESAC), ensuring the highest level of ethical, financial and operational standards in the PEO industry and has received SOC 1 Type II (formerly SAS 70) certification for its high level of accuracy and performance. Oasis, through its subsidiaries, is qualified to offer IRS-certified professional employer organization (CPEO) services. |
Buy | $1.2B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 4.1B EUR |
| Size | Large |
| Type | Sector Agnostic |
Axcel Management AS is a private equity firm focused on mid-market buyouts in Denmark and Sweden. Axcel primarily seeks companies with a strong Danish or Swedish base and international potential. The Firm looks to invest in companies with revenues of DKK 250 million (€ 35 million) to DKK 4 billion (€ 535 million). Axcel prefers majority positions. Axcel Management A/S was formed in 1994. The Firm is based in Copenhagen with an additional office in Stockholm.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 49 |
| Sector: Information Technology M&A | 2 of 5 |
| Type: Add-on Acquisition M&A Deals | 7 of 15 |
| Country: Denmark M&A | 25 of 36 |
| Year: 2018 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-02 |
ISADORA
Malmö, Sweden ISADORA is a Swedish producer and distributor of cosmetics with production. Its products for the eyes, face, lips and nails are sold by around 5,000 stores in 40 countries. The main markets are Sweden, the other Nordic countries, Germany and the Middle East. Products are sold directly to department stores, perfumeries, fashion outlets and online retailers in Sweden and another six European countries, and through distributors elsewhere. The business is owned by founder and CEO Ingvar Vigstrand and his family. ISADORA was founded in 1983 and is based in Malmö, Sweden. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-19 |
Driconeq Production AB
Sunne, Sweden Driconeq is a manufacturer of drilling pipes and equipment for the mining and construction sectors, water wells and geothermal energy. Its products are known for their high quality and sold through distributors, drilling rig manufacturers and business partners worldwide. |
Sell | - |