M&A Deal Summary

Astorg Partners Acquires Corialis

On March 30, 2021, private equity firm Astorg Partners acquired building materials company Corialis from CVC Capital Partners

Acquisition Highlights
  • This is Astorg Partners’ 2nd transaction in the Building Materials sector.
  • This is Astorg Partners’ 2nd transaction in Belgium.

M&A Deal Summary

Date 2021-03-30
Target Corialis
Sector Building Materials
Buyer(s) Astorg Partners
Sellers(s) CVC Capital Partners
Deal Type Secondary Buyout

Target

Corialis

Lokeren, Belgium
Corialis is a manufacturer of aluminum profiles and systems, supplying door, window, and conservatory manufacturers in both the new construction and refurbishment markets. Corialis was founded in 1984 and is based in Lokeren, Belgium.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Astorg Partners

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 22.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Astorg Partners is a private equity firm that targets small to midcap company investments primarily in France and to a limited extent, Western Europe. Astorg Partners looks for companies valued between €400 million and €2 billion, requiring at least €15 million in equity. Areas of interest include healthcare, retail, distribution, hospitality, and professional services. Prospective transaction situations include leverage build-ups, divestitures, family transitions, and secondary buyouts. Astorg Partners was formed in 1998 and is based in Paris and has additional offices in London and Luxembourg.


DEAL STATS #
Overall 51 of 67
Sector (Building Materials) 2 of 2
Type (Secondary Buyout) 26 of 37
Country (Belgium) 2 of 4
Year (2021) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-30 Opus 2

London, United Kingdom

Opus 2 is a provider of integrated software and services used in legal disputes around the world. Opus 2’s cloud-based collaboration software is designed for case preparation and multi-party hearings enabling all stakeholders to work on a single platform. Opus 2 was founded in 2008 and is headquartered in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-20 Corsearch

London, United Kingdom

Corsearch is a player in the brand risk and performance market, serving over 5,000 clients across multiple industries. Corsearch Brand Risk and Performance solutions are revolutionizing how companies commercialize and protect their growth. Corsearch delivers data, analytics, and services that support brands to market their assets and reduce commercial risks. From IP clearance to brand protection and anti-piracy, Corsearch provides a comprehensive program that Press Release 2/2 enables businesses to secure brand value and thrive commercially. Corsearch was founded in 1949 and is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.


DEAL STATS #
Overall 155 of 173
Sector (Building Materials) 6 of 6
Type (Secondary Buyout) 36 of 42
Country (Belgium) 6 of 6
Year (2021) 4 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-26 National Bank of Greece - Ethniki Insurance

Athens, Greece

National Bank of Greece's Ethniki Insurance is a provider of mortgage services throughout the nation.

Buy €505M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 Icario

Minneapolis, Minnesota, United States

Icario is a health action company focused on connecting people to health. Icario uses pioneering behavioral research, data science, and our adaptive multi-channel platform to deliver personalization at scale for the most trusted healthcare organizations in all 50 states, including seven of the 10 largest health plans. Icario was founded in 2006 and is based in Minneapolis, Minnesota.

Buy -