M&A Deal Summary

Argos Wityu Acquires Valco Group

On March 20, 2014, private equity firm Argos Wityu acquired machinery company Valco Group from HitecVision

Acquisition Highlights
  • This is Argos Wityu’s 1st transaction in the Machinery sector.
  • This is Argos Wityu’s 25th transaction in France.

M&A Deal Summary

Date 2014-03-20
Target Valco Group
Sector Machinery
Buyer(s) Argos Wityu
Sellers(s) HitecVision
Deal Type Secondary Buyout

Target

Valco Group

Ruffec, France
Valco Group manufactures and services industrial valves for a wide range of industrial applications. Valco Group supply valves and related products and services for applications worldwide within the Marine sector, Oil & Gas upstream, Oil & Gas downstream, and Energy & Industry, with cryogenic valves a specialty. Valco Group was founded in 1949 and is based in Ruffec, France.

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Buyer(S) 1

Buyer

Argos Wityu

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 1.8B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Argos Soditic is a private equity firm that seeks majority or minority investments in small to medium sized companies headquartered throughout Europe. Argos Soditic will consider investments in public or private companies generating revenue of €20 to €600 million. The Firm's target investment size is €10 to €100 million. Funds are typically used to support management buyouts/buy-ins, divestitures, and growth capital needs. Argos Soditic is a generalist investor with interest in aerospace, manufacturing, distribution, business services, chemicals, marketing, industrial products, packaging, staffing, medical products, and healthcare services. Argos Soditic was formed in 1989 and is headquartered in Paris.


DEAL STATS #
Overall 47 of 80
Sector (Machinery) 1 of 3
Type (Secondary Buyout) 2 of 12
Country (France) 25 of 41
Year (2014) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-26 Aresia

Villeneuve la Garenne, France

Aresia (old) is a reference equipment supplier present on all types of aircraft (combat, mission or transport aircraft, commercial aircraft, helicopters, drones, etc). The company provides carriage equipment (pylons, ejectors, release units, cargo hooks), external fuel tanks, live-fire training systems and radar solutions for the armed forces, on-board electronic equipment, cabling and test benches, and flight controls and complex electromechanical subassemblies. Its mission is to design, manufacture and maintain equipment for the civil and defense aeronautical sector, with an ongoing requirement for industrial excellence and customer satisfaction. Aresia (old) is based in Villeneuve la Garenne, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-30 Orsyp SAS

Paris, France

Orsyp Group is a provider of IT Operations in France.

Sell -

Seller(S) 1

SELLER

HitecVision

Stavanger, Norway

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1985
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HitecVision AS is a private equity firm specializing in buyouts and growth capital investments in the oil and gas industry. The Firm targets investments in middle-market companies throughout North America (primarily US) and Northern Europe (primarily Norway and the UK). HitecVision seeks companies with growth potential and unique technologies. The Firm looks to invest $30 to $150 million in companies valued up to $300 million. Specific areas of interest include drilling/down-hole, exploration/production, field development, mid- and downstream, and subsurface. HitecVision AS was formed in 1985 and is based in Stavanger. The Firm has additional offices in Oslo and Texas.


DEAL STATS #
Overall 22 of 30
Sector (Machinery) 2 of 3
Type (Secondary Buyout) 5 of 6
Country (France) 1 of 1
Year (2014) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-17 Aquamarine Subsea

Jorpeland, Norway

Aquamarine Subsea is an international service company providing asset integrity, management, and life cycle service solutions to riser and subsea equipment owners in the drilling, work-over and production markets. Aquamarine Subsea is based in Jorpeland, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-04 Flux Group

Stavanger, Norway

Flux Group is an international company providing a broad range of oilfield equipment, and related value adding services, to customers within the oil and gas sphere. Flux Group is based in Stavanger, Norway.

Buy -