M&A Deal Summary |
|
---|---|
Date | 2003-03-05 |
Target | Eutelsat Group |
Sector | Communications |
Buyer(s) |
Sparring Capital
Star Capital Spectrum Equity TPG Cinven Investindustrial |
Sellers(s) | Deutsche Telekom |
Deal Type | Divestiture |
Deal Value | 210M EUR |
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Category | Private Equity Firm |
---|---|
Founded | 2002 |
PE ASSETS | 850M EUR |
Size | Middle-Market |
Type | Sector Agnostic |
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 | 2 of 40 |
Sector (Communications) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (France) | 2 of 38 |
Year (2003) | 2 of 3 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-02-28 |
Fraikin Groupe SA
quai Le Gallo, France Fraikin is the French leader in long-term leasing of commercial vehicles and holds a 25% market share. Fraikin’s customer growth has mainly been in the area of parcel delivery and transportation, as well as in the food industry and distribution. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-09-25 |
F.P.E.E. Industries
Brûlon, France F.P.E.E. Industries is a provider of PVC and aluminum enclosures with the principal focus on windows. FPEE offers the most complete range on the market of external enclosure products with entry points, swinging shutters, integrating rolling shutters, and a complete series of gates and fences. F.P.E.E. Industries was established in 1981 and is based in Brûlon, France. |
Buy | - |
Category | Asset Manager |
---|---|
Founded | 2000 |
PE ASSETS | 401M EUR |
Size | Middle-Market |
Type | Sector Agnostic |
Star Capital is a private equity firm focused on lower middle-market acquisitions of Italian companies. The Firm targets profitable businesses with €15 to €50 million of EBITDA and €3 to €10 million of revenue. Star Capital is a generalist investor, however the Firm will not consider early-stage or distressed companies. Star Capital was formed in 2000 and is headquartered in Milan.
DEAL STATS | # |
---|---|
Overall | 1 of 25 |
Sector (Communications) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (France) | 1 of 1 |
Year (2003) | 1 of 5 |
Size (of disclosed) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-04-08 |
Marr
Rimini, Italy Marr S.p.A. is an Italian food services distributor offering daily delivery of a wide range of products including fresh, refrigerated and chilled foods and restaurant equipment. Its clientele of 25,000 companies includes restaurants, fast food outlets, hotels, schools, hospitals and large institutions. |
Buy | - |
Category | Private Equity Firm |
---|---|
Founded | 1994 |
PE ASSETS | 4.7B USD |
Size | Large |
Type | Sector Focused |
Spectrum Equity Management L.P. is a private equity investor focused on service businesses. Spectrum specifically targets established businesses in the media, communications, IT, information, and business services industries. The Firm looks to commit $25 to $100 million of equity capital per transaction and focuses on opportunities throughout North America and Western Europe. Prospective transaction situations include leveraged buyouts, recapitalizations, acquisition financings, and secondary purchases. Spectrum Equity Investors was formed in 1994 and has offices in Boston, Massachusetts and Menlo Park, California.
DEAL STATS | # |
---|---|
Overall | 9 of 100 |
Sector (Communications) | 3 of 7 |
Type (Divestiture) | 1 of 2 |
Country (France) | 1 of 1 |
Year (2003) | 2 of 3 |
Size (of disclosed) | 4 of 10 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-01-01 |
Ancestry
Provo, Utah, United States Ancestry.com is a provider of family history and consumer genomics information, and helps people gain a new level of understanding about their lives. The Company's suite of history products include Archives, Fold3, Newspapers.com, AncestryDNA, and AncestryHealth. Ancestry.com was formed in 1990 and is based in Provo, Utah. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-04-15 |
Patriot Media and Communications
Greenwich, Connecticut, United States Patriot Media and Communications LLC is a cable operator that focused on providing video (basic, premium, digital cable and video on demand), data (broadband Internet) and voice (VOIP) services. |
Buy | - |
Category | Private Equity Firm |
---|---|
Founded | 1992 |
PE ASSETS | 137.0B USD |
Size | Mega |
Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
DEAL STATS | # |
---|---|
Overall | 35 of 403 |
Sector (Communications) | 5 of 14 |
Type (Divestiture) | 6 of 36 |
Country (France) | 1 of 4 |
Year (2003) | 1 of 10 |
Size (of disclosed) | 91 of 101 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-02-28 |
Sompo International
Pembroke, Bermuda Endurance Specialty Holdings Ltd. is an insurance company engaged in the writing of various lines of commercial property and liability insurance and reinsurance. Endurance underwrites a diversified portfolio of property and liability coverages through both direct and reinsured writings. Endurance focuses on property catastrophe and per-risk reinsurance, excess workers' compensation policies, directors' and officers' reinsurance, aviation, general liability, and other lines of reinsurance. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-04-11 |
IQVIA
Durham, North Carolina, United States IQVIA is a provider of advanced analytics, technology solutions, and contract research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. IQVIA was founded in 2016 and is based in Durham, North Carolina. |
Buy | $1.7B |
Category | Private Equity Firm |
---|---|
Founded | 1977 |
PE ASSETS | 39.0B EUR |
Size | Mega |
Type | Sector Agnostic |
Cinven is a private equity firm focused on buyout investments in growing, profitable businesses located throughout Europe and North America. Sectors of interest include business and financial services, healthcare, industrial, retail, leisure, consumer, technology, media, and telecommunications. Cinven looks to invest a minimum of €200 million in companies with minimum enterprise values of €400 million. Cinven does not invest in start-ups or development phase companies. Cinven was established in 1977 and is headquartered in London.
DEAL STATS | # |
---|---|
Overall | 90 of 183 |
Sector (Communications) | 2 of 5 |
Type (Divestiture) | 20 of 35 |
Country (France) | 5 of 15 |
Year (2003) | 1 of 4 |
Size (of disclosed) | 55 of 62 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2002-07-19 |
Semitron Industries
Swindon, United Kingdom Semitron Industries Ltd. designed, produced and marketed power protection devices for the electronics and telecommunications markets. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-03-07 |
Gala Coral Group
Essex, United Kingdom Gala Coral Group Ltd. is a fast growing UK retail gaming company, Gala operates successfully in the UK bingo casino, licensed betting offices and multimedia gaming markets. It is by some margin the largest bingo operator in the UK. |
Buy | £1.2B |
Category | Private Equity Firm |
---|---|
Founded | 1990 |
PE ASSETS | 11.0B EUR |
Size | Mega |
Type | Sector Agnostic |
Investindustrial is an investment firm focused on creating global leaders through organic growth and acquisitions. The Firm is operationally driven and seeks opportunities in Southern Europe. Areas of interest include services, consumer, retail, leisure, and industrial manufacturing. Investindustrial has offices in London, Luxembourg, Milan, Lugano, Barcelona, Shanghai, and New York.
DEAL STATS | # |
---|---|
Overall | 2 of 57 |
Sector (Communications) | 1 of 3 |
Type (Divestiture) | 1 of 7 |
Country (France) | 1 of 2 |
Year (2003) | 1 of 1 |
Size (of disclosed) | 5 of 11 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2002-08-16 |
Mountain Warehouse
London, United Kingdom Mountain Warehouse operates retail stores that offer outdoor clothing, footwear, and accessories for men, women, and kids. Mountain Warehouse was founded in 1997 and is based in London, United Kingdom. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2004-03-22 |
Recoletos Grupo de Comunicación S.A.
Madrid, Spain Recoletos is the leading specialized publishing company in Spain. Recoletos’ titles include sports daily Marca, Spain's most read newspaper, and Expansión, Spain's leading business daily. |
Buy | €900M |
Category | Company |
---|---|
Founded | 1995 |
Sector | Communications |
Employees | 201,251 |
Revenue | 111.3B EUR (2023) |
Deutsche Telekom is a German telephone company. Through its three main divisions, T-Com, T-Mobile and T-Systems, Deutsche Telekom offers a range of fixed-line, mobile and Internet access services. Deutsche Telekom was founded in 1995 and is based in Bonn, Germany.
DEAL STATS | # |
---|---|
Overall | 2 of 8 |
Sector (Communications) | 1 of 4 |
Type (Divestiture) | 2 of 5 |
Country (France) | 1 of 1 |
Year (2003) | 2 of 2 |
Size (of disclosed) | 4 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-03-01 |
Kabel Deutschland
Unterfohring, Germany Kabel Deutschland is the cable television operator in Germany |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2010-04-01 |
EE Limited
Hatfield, United Kingdom EE, formerly Everything Everywhere, is a UK-based mobile network company and internet service provider. It was formed in 2010 as a JV between Deutsche Telekom and Orange S.A. |
Buy | - |