M&A Deal Summary

Adenia Partners Acquires Herholdt’s Group

On June 21, 2021, private equity firm Adenia Partners acquired distribution company Herholdt’s Group

Acquisition Highlights
  • This is Adenia Partners’ 2nd transaction in the Distribution sector.
  • This is Adenia Partners’ 2nd transaction in South Africa.

M&A Deal Summary
Date 2021-06-21
Target Herholdt’s Group
Sector Distribution
Buyer(s) Adenia Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Herholdt’s Group

Bloemfontein, South Africa
Herholdt’s Group is a distributor of low voltage electrical products and solar products. The company supplies a broad product portfolio of 10,000+ items to professionals – such as installers, contractors and resellers – as well as end-users. Herholdt’s Group was founded in 1964 and is based in Bloemfontein, South Africa.

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Buyer(S) 1

Buyer

Adenia Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2002
PE ASSETS 800M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 8 of 14
Sector (Distribution) 2 of 4
Type (Buyout (LBO, MBO, MBI)) 8 of 13
Country (South Africa) 2 of 4
Year (2021) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Africa Biosystems

Nairobi, Kenya

Africa Biosystems is a distributor of state-of-the-art life sciences equipment and consumables for Eastern African markets. The Company’s instruments are used to conduct research and diagnosis across the animal, human and crop sectors with product applications that span molecular, cell and protein biology and DNA forensics. ABL’s customers fall into various end markets including government and non-governmental organizations, academic institutions, and the private sector. Africa Biosystems was founded in 1999 and is based in Nairobi, Kenya.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-29 Eastcastle Infrastructure

Jersey, United Kingdom

Eastcastle Infrastructure develops new telecom towers initially in the Democratic Republic of Congo, Nigeria and Côte d'Ivoire. The number of towers across the region needs to increase significantly to accelerate the deployment of bandwidth intensive technologies such as 3G, 4G and 5G by Mobile Network Operators and to increase quality of connectivity for individuals and businesses. Eastcastle Infrastructure was founded in 2020 and is based in Jersey, United Kingdom.

Buy -
Mergr

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