M&A Deal Summary

Advent International Acquires KAI Group

On December 14, 2007, private equity firm Advent International acquired building materials company KAI Group

Acquisition Highlights
  • This is Advent International’s 4th transaction in the Building Materials sector.
  • This is Advent International’s 2nd transaction in Bulgaria.
Investment Fate
  • KAI Group was sold to a publicly-traded strategic buyer in 2015.

M&A Deal Summary

Date 2007-12-14
Target KAI Group
Sector Building Materials
Buyer(s) Advent International
Deal Type Buyout (LBO, MBO, MBI)

Target

KAI Group

Bulgaria
KAI Group is the largest Bulgarian manufacturer of ceramic tiles and the only manufacturer of glazed and unglazed porcelain tiles on the Balkan Peninsula. The Group was incorporated in 1997 and unites the plants Khan Asparuh – Isperih and Khan Omurtag – Shumen. The product range includes wall and floor ceramic tiles,

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 91.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 156 of 353
Sector: Building Materials M&A 4 of 5
Type: Buyout (LBO, MBO, MBI) M&A Deals 104 of 156
Country: Bulgaria M&A 2 of 4
Year: 2007 M&A 15 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-13 Brikston Construction

Iasi, Romania

Brikston Construction is a Romanian ceramic brick and clay roof tile manufacturer. Brikston Construction is based in Iasi, Romania.

Buy €35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-19 CASA Rehabilitation Holding

Oberursel, Germany

CASA Rehabilitation Holding GmbH is a private German provider of elderly care services, specialising in high quality, affordable assisted living.

Sell -