M&A Deal Summary

Advent International Acquires Pronto

On February 8, 2007, private equity firm Advent International acquired financial services company Pronto

Acquisition Highlights
  • This is Advent International’s 12th transaction in the Financial Services sector.
  • This is Advent International’s 2nd transaction in Uruguay.
Investment Fate
  • Pronto was sold to a strategic buyer in 2011.

M&A Deal Summary

Date 2007-02-08
Target Pronto
Sector Financial Services
Buyer(s) Advent International
Deal Type Buyout (LBO, MBO, MBI)

Target

Pronto

Uruguay
Pronto a consumer credit companies.

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 143 of 353
Sector: Financial Services M&A 12 of 36
Type: Buyout (LBO, MBO, MBI) M&A Deals 95 of 156
Country: Uruguay M&A 2 of 3
Year: 2007 M&A 2 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-07 Resort Sports Network

Portland, Michigan, United States

Resort Sports Network, Inc. is a national cable TV and Web network for outdoor enthusiasts in resort communities.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 Parques Reunidos

Madrid, Spain

Parques Reunidos is an owner and operator of recreational infrastructure with a presence in Europe, North America, and Australia. The company portfolio comprises over 60 assets (theme parks, aquatic parks, animal parks, and other attractions) distributed in 45 locations and receiving over 20 million visitors per year. Parques Reunidos was founded in 1967 and headquartered in Madrid, Spain.

Sell -