M&A Deal Summary

Andera Partners Acquires Pennel & Flipo

On September 17, 2015, private equity firm Andera Partners acquired apparel/textiles company Pennel & Flipo

Acquisition Highlights
  • This is Andera Partners’ 3rd transaction in the Apparel/Textiles sector.
  • This is Andera Partners’ 3rd transaction in Belgium.

M&A Deal Summary
Date 2015-09-17
Target Pennel & Flipo
Sector Apparel/Textiles
Buyer(s) Andera Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Pennel & Flipo

Mouscron, Belgium
Pennel & Flipo is a designer, producer and distributor of high-tech fabrics to protect man, equipment and environment. Pennel & Flipo was founded in 1921 and is based in Mouscron, Belgium.

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Buyer(S) 1

Buyer

Andera Partners

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 3.7B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Andera Partners is a private investment firm focused on several strategies. The Firm invests in life science opportunities through its BioDiscovery group. The Firm invests in Western European small to mid-sized companies (€30 to €300 million of revenue) through its Winch Capital group. Andera invests in small to mid-sized French companies (€10 to €100 million of revenue) through its Cabestan Capital team. Andera invests in €5 to €45 million of mezzanine capital to support small to mid-sized French companies. Andera Partners was established in 2001 and is headquartered in Paris.

DEAL STATS #
Overall 42 of 105
Sector (Apparel/Textiles) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 7 of 17
Country (Belgium) 3 of 9
Year (2015) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-11 Erget

Neuilly-sur-Seine, France

Erget is a specialist in claims appraisal on behalf of insurance companies. It intervenes in civil liability (operation, professional, products), in technical risks (breakage of machines, TRC, TRME) and in construction risks (DO, RCD, PUC) for companies. Erget was founded in 1986 and is based in Neuilly-sur-Seine, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-28 TME Pharma

Berlin, Germany

TME Pharma is a clinical-stage company focusing on developing novel therapies for treatment of the most aggressive cancers. TME Pharma was founded in 1997 and is based in Berlin, Germany.

Sell -
Mergr

Product

Company

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