M&A Deal Summary |
|
|---|---|
| Date | 2007-12-01 |
| Target | Ayming |
| Sector | Business Services |
| Buyer(s) |
Candover Investments
Arle Capital Partners Intermediate Capital Group |
| Sellers(s) |
Apax
European Capital |
| Deal Type | Secondary Buyout |
| Deal Value | 3.5B EUR |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 8.7B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Candover Investments is a private equity firm that targets investments in European and Asian companies operating in broad range of industries. Candover's primary focus is on businesses located in Western Europe; including the UK, France, Germany, Italy, Scandinavia, and Spain. However, the Firm also considers opportunities in Asia and Eastern Europe. The Firm's target investment size is €150 to €500 million in businesses valued between €500 million and €5 billion. Sectors of interest include media, financial services, support services, leisure, healthcare, technology, and industrial. Candover Investments was formed in 1980 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 30 |
| Sector (Business Services) | 4 of 4 |
| Type (Secondary Buyout) | 8 of 8 |
| Country (France) | 1 of 1 |
| Year (2007) | 4 of 4 |
| Size (of disclosed) | 1 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-20 |
Get AS
Oslo, Norway Get AS (“Get”) is a provider of cable TV, high-speed broadband internet and telephony services to residential customers in Norway. The company serves approximately 375,000 households, with a footprint spanning each of Norway 's five largest cities. Get's core service offering is Pay TV; all of its customers subscribe to it. It also offers broadband and voice services. Get operates a fully digitized network, and is the only significant local loop provider outside of telecom incumbent Telenor. |
Sell | Nkr5.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-04-17 |
Expro International Group
Reading, United Kingdom Exploration & Production Services - was owned by Flextech. The company provided a small, highly specialised range of services to the oil and gas industry worldwide, including major oil companies such as BP and Shell. Because of the highly specialised nature of its services, Expro was able to command high margins and had been consistently well managed and profitable for a number of years. |
Buy | £1.6B |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 2.0B EUR |
| Size | Large |
| Type | Sector Agnostic |
Arle Capital Partners Ltd. Is a private equity partnership firm focuses on acquiring business located in the UK, Scandinavia, and Western Europe. The Firm targets companies operating in the fields of energy, natural resources, industrial, and business services. It seeks to invest in companies with an enterprise value of up to €1 billion. Arle Capital spun-out of Candover Investments in 2011 and currently manages all of Candover's investment interests. The Firm is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 17 |
| Sector (Business Services) | 2 of 2 |
| Type (Secondary Buyout) | 5 of 6 |
| Country (France) | 1 of 1 |
| Year (2007) | 3 of 3 |
| Size (of disclosed) | 1 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-20 |
Get AS
Oslo, Norway Get AS (“Get”) is a provider of cable TV, high-speed broadband internet and telephony services to residential customers in Norway. The company serves approximately 375,000 households, with a footprint spanning each of Norway 's five largest cities. Get's core service offering is Pay TV; all of its customers subscribe to it. It also offers broadband and voice services. Get operates a fully digitized network, and is the only significant local loop provider outside of telecom incumbent Telenor. |
Sell | Nkr5.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-04-17 |
Expro International Group
Reading, United Kingdom Exploration & Production Services - was owned by Flextech. The company provided a small, highly specialised range of services to the oil and gas industry worldwide, including major oil companies such as BP and Shell. Because of the highly specialised nature of its services, Expro was able to command high margins and had been consistently well managed and profitable for a number of years. |
Buy | £1.6B |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 74.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Intermediate Capital Group (ICG) is a global mezzanine finance firm. IGC looks to provide junior capital to support a wide range of transactions, including buyouts, debt restructurings, and development financing. The Firm generally invests alongside financial sponsors and management teams in transactions valued from €250 million to €1 billion. ICG was formed in 1989 and is headquartered in London.
| DEAL STATS | # |
|---|---|
| Overall | 203 of 293 |
| Sector (Business Services) | 16 of 24 |
| Type (Secondary Buyout) | 56 of 115 |
| Country (France) | 57 of 72 |
| Year (2007) | 31 of 33 |
| Size (of disclosed) | 3 of 82 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-01 |
Gaucho Grill
London, United Kingdom Gaucho Grill offers fine dining with an emphasis on authentic, high quality, Argentinian steaks and an extensive wine list. It has 14 restaurants in the UK and three international restaurants, one in each of Buenos Aires, Dubai and Hong Kong. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-17 |
Laboratorios Indas SAU
Madrid, Spain Indas manufactures adult incontinence products with a smaller focus on producing other hygiene products and dressings. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 77.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from $1 to $5 billion. Apax Partners was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 172 |
| Sector (Business Services) | 2 of 6 |
| Type (Secondary Buyout) | 11 of 61 |
| Country (France) | 7 of 18 |
| Year (2007) | 16 of 17 |
| Size (of disclosed) | 7 of 51 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-10-01 |
Faceo SA
Buc, France Faceo S.A. provides facility management solutions. It offers maintenance, purchasing, and real estate services; outsourced facility management solutions; building maintenance, cleaning, catering, security, installation works, and space management services; and safety and security facility management services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-19 |
Prometheus Laboratories
San Diego, California, United States Prometheus Laboratories, Inc. is a specialty pharmaceutical and diagnostic testing company. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 1.2B EUR |
| Size | Large |
| Type | Sector Agnostic |
European Capital is the European investment affiliate of American Capital. European Capital looks to provide a variety of investment and financing solutions including unitranche debt, mezzanine capital, senior debt, and equity co-investment. Funds are typically used to support buyouts, recapitalizations, finance growth, and make acquisitions. European Capital is sector agnostic, however the Firm has a preference for investments in the consumer, technology, manufacturing, services, and distribution sectors. European Capital was formed in 2005 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 54 |
| Sector (Business Services) | 1 of 3 |
| Type (Secondary Buyout) | 4 of 24 |
| Country (France) | 1 of 19 |
| Year (2007) | 7 of 8 |
| Size (of disclosed) | 1 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-30 |
Hofmann-Menu
Boxberg-Schweigern, Germany Hofmann Menu is a market-leading provider of frozen food products as well as related on-site catering for small business canteens and social organizations such as care homes, hospitals and schools in Germany. Headquartered in Boxberg-Schweigern, Hofmann employs over 600 people. The current daily production volume is in excess of 150,000 meals, all of which are manually prepared in one of the three central kitchens and immediately shock-frozen after preparation. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-20 |
Numericable-SFR
Paris, France Numericable-SFR is the cable operator providing digital television, broadband and telephony services to the residential market ('B2C'). The company also serves the enterprise market ('B2B') in France, Belgium, and Luxembourg. |
Sell | - |
