M&A Deal Summary

Sparring Capital Acquires Furnotel

On July 26, 2011, private equity firm Sparring Capital acquired distribution company Furnotel

Acquisition Highlights
  • This is Sparring Capital’s 3rd transaction in the Distribution sector.
  • This is Sparring Capital’s 17th transaction in France.
Investment Fate
  • Furnotel was sold to management in 2015.
  • Furnotel was sold to a financial buyer in 2015.

M&A Deal Summary
Date 2011-07-26
Target Furnotel
Sector Distribution
Buyer(s) Sparring Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Furnotel

Athis-Mons, France
website
Furnotel is an importation and distribution of professional cuisine equipment and covers the entire range of products: baking, washing, refrigeration, small electrical devices, display cabinets etc. Furnotel was founded in 1975 and is based in Athis-Mons, France.

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Buyer(S) 1

Buyer

Sparring Capital

Paris, France

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2002
PE ASSETS 850M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Sparring Capital Capital is a private equity firm focused on acquiring majority positions in private medium-sized French companies. Pragma looks to fund leveraged buyouts and development capital financings of businesses with high barriers to entry and that lead their respective market niches. The Firm typically seeks companies with at least €10 million in revenue and at least €1.5 million of EBITDA. Sparring Capital was formed in 2002 and is based in Paris.

DEAL STATS #
Overall 18 of 40
Sector (Distribution) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 8 of 20
Country (France) 17 of 38
Year (2011) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-30 The Burnet Group

Chasseneuil du Poitou, France

The Burnet Group provides a whole range of technical services to its clients including electrical, phoning, air conditioning and security installations and maintenance. The Burnet Group was established in 1973 and is based in Chasseneuil du Poitou, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-04 Keolis SA

Paris, France

Kéolis SA manages passenger transport networks for the account of local authorities and private contractors: buses, cars, subways, tramways, trolley buses, ferry networks, and maritime links.

Sell -
Mergr

Product

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