M&A Deal Summary |
|
|---|---|
| Date | 2021-05-18 |
| Target | Fenergo |
| Sector | Internet Software and Services |
| Buyer(s) |
Astorg Partners
Bridgepoint SilverTree Equity |
| Sellers(s) |
Aquiline Capital Partners
Insight Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | UBS Investment Bank PwC Corporate Finance (Financial) Willkie Farr & Gallagher William Fry (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 22.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
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 | 54 of 69 |
| Sector: Internet Software and Services M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 29 of 38 |
| Country: Ireland M&A | 1 of 1 |
| Year: 2021 M&A | 7 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-04 |
Solina
Bréal-Sous-Monfort, France Solina is a European manufacturer of ingredient and seasoning blends for the food industry. The company serves more than eighteen thousand clients with 2, 250 employees across twenty-seven sites across Europe and Canada. It is exposed to resilient food consumption markets and to secular growth trends fuelled by the shift in food consumption towards more premium and natural ingredients. Solina puts sustainability at the center of its activities by creating healthier food solutions and more sustainable diets as well as by contributing to the development of meat alternatives. Solina was formed in 1988 and is based in Bréal-Sous-Monfort, France. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-06 |
Demetra
Sommacampagna, Italy Demetra develops, manufactures, and distributes products used in orthopaedic implant surgeries and spine interventions. The company is a supplier of bone cement, a product used for the fixation of orthopaedic implants and for the filling of vertebral compression fractures. Demetra’s preformed spacers are the industry standard and allow to better treat infections, to reduce surgery time and to improve patient mobility compared to previous generation products. The Company serves all the major players in the orthopaedic industry and has highly diversified sales in terms of geography and product mix. Demetra has four facilities in Europe, the US, and China. Demetra was founded in 2016 and is based in Sommacampagna, Italy. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 75.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Bridgepoint is a large European private equity firm that invests in middle-market companies across a broad range of industries with an enterprise value of €200 - €1000 million. Prospective transaction situations include buyouts, buy-ins, growth financings, consolidations, and take privates. The firms invest in the range of €75 - €400 million transaction. Bridgepoint Development Capital specializes in investments in businesses valued up to a €150 million, taking equity stakes of between €10 million and €75 million. General sectors of interest include consumer products and services, retail, financial services, healthcare, media, technology, industrials, and business services. Bridgepoint was formed in 1984 and has offices in London, Frankfurt, Luxembourg, Madrid, Milan, Paris, Stockholm and Warsaw.
| DEAL STATS | # |
|---|---|
| Overall | 150 of 188 |
| Sector: Internet Software and Services M&A | 7 of 9 |
| Type: Secondary Buyout M&A Deals | 59 of 72 |
| Country: Ireland M&A | 2 of 2 |
| Year: 2021 M&A | 6 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-31 |
Sun World
Bakersfield, California, United States Sun World is one of the world’s largest plant variety breeders and global licensors of premium, proprietary produce. The Company’s fruit varieties currently table grapes and stone fruit are planted on more than 50,000 acres (21,000+ hectares) on six continents. Sun World was founded in 1976 and is headquartered in Bakersfield, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-21 |
itsu
London, United Kingdom itsu is a chain of East Asian-inspired fast food shops and restaurants and a grocery with over 70 stores in the UK and a wholesale business across Europe and beyond. itsu was formed in 1997 and is based in London, United Kingdom. |
Buy | - |
SilverTree Equity is a tech focused private equity firm focused on investing in software, technology, and technology-enabled services companies. The Firm looks to commit €5 to €40 million in lower middle-market businesses with €5 to €120 million in revenue. Prospective transaction situations include buyouts, divestitures, consolidations, growth capital financings, special situations, and take privates. SilverTree Equity was formed in 2018 and is headquartered in London.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector: Internet Software and Services M&A | 2 of 4 |
| Type: Secondary Buyout M&A Deals | 1 of 3 |
| Country: Ireland M&A | 1 of 1 |
| Year: 2021 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-30 |
Vindsubsidies
Enschede, Netherlands Vindsubsidies is an innovation consultancy business with the most comprehensive grants and subsidies funding database in the Netherlands. Vindsubsidies was founded in 1997 and is based in Enschede, Netherlands. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-30 |
SALESmanago
Cracow, Poland SALESmanago is a cloud-based online marketing automation platform used by over 5,000 companies all over the world that manage databases of over 200 mln customers. Using the power of real-time website and mobile application behavior analysis SALESmanago enables clients to fully personalize e-mail marketing, dynamic website content, social media (via Facebook Custom Audiences), and mobile marketing (push and in-app messages). SALESmanago was founded in 2011 and is based in Cracow, Poland. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 10.4B USD |
| Size | Mega |
| Type | Sector Focused |
Aquiline Capital Partners is a private equity firm that targets investments in the financial services sector. The Firm specifically invests in risk-bearing and services enterprises in industries such as property and casualty insurance, specialty finance, securities, asset management, life insurance and transaction processing. Aquiline Capital was formed in 2005 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 31 |
| Sector: Internet Software and Services M&A | 1 of 2 |
| Type: Secondary Buyout M&A Deals | 5 of 9 |
| Country: Ireland M&A | 1 of 1 |
| Year: 2021 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-26 |
Ascensus
Dresher, Pennsylvania, United States Ascensus is an independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most retirement, education, and healthcare. Ascensus was formed in 1980 and is based in Dresher, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-20 |
Utilant
Buffalo, New York, United States Utilant is a provider of the P&C insurance industry’s premier loss control survey management through its LossControl360 SaaS solution. Utilant was established in 2005 and is based in Buffalo, New York. |
Sell | - |
| Category | Venture Capital Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 90.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Insight Partners is a growth capital investment firm focused on early to later stage investments principally in the software sector. Insight Partners was formed in 1995 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 48 |
| Sector: Internet Software and Services M&A | 10 of 14 |
| Type: Secondary Buyout M&A Deals | 12 of 18 |
| Country: Ireland M&A | 2 of 3 |
| Year: 2021 M&A | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-13 |
CivicPlus
Manhattan, Kansas, United States CivicPlus delivers technology solutions that enable local governments to optimize the experience they deliver when interacting with citizens. The company delivers a Civic Experience Platform that enables local governments to drive more revenue, operate more efficiently, and generate positive recognition for the many services they provide every day. CivicPlus was founded in 2000 and is based in Manhattan, Kansas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-10 |
1stdibs
New York, New York, United States 1stdibs is an online global marketplace for rare and desirable objects. 1stdibs is a go-to source for the interior designers, celebrities, and affluent consumers to find antiques, design, estate jewelry, vintage couture, fine art and luxury properties. 1stdibs was founded in 2000 and is based in New York, New York. |
Sell | - |
