M&A Deal Summary |
|
|---|---|
| Date | 2020-06-24 |
| Target | Normec |
| Sector | Business Services |
| Buyer(s) | Astorg Partners |
| Sellers(s) | Summit Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Jefferies (Financial) |
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 | 46 of 69 |
| Sector: Business Services M&A | 4 of 5 |
| Type: Secondary Buyout M&A Deals | 22 of 38 |
| Country: Netherlands M&A | 2 of 2 |
| Year: 2020 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-16 |
Audiotonix
Chessington, United Kingdom Audiotonix designs, engineerings, and manufactures professional audio mixing consoles, production software, and ancillary products. With pioneering solutions from premium audio brands Allen & Heath, Calrec, DiGiCo, DiGiGrid, Fourier Audio, Harrison, KLANG: technologies, Slate Digital, Solid State Logic, sonible, and Sound Devices, its products are used extensively in live sound, broadcast, theatre production, installations, houses of worship, TV and film production, music creation and recording studios. Audiotonix is based in Chessington, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-07 |
Surfaces Group
Cenate Sotto, Italy Surfaces Group is a global developer and manufacturer of value-add abrasive tools and other consumables sold to manufacturers of high-end ceramic, engineered stone, glass and niche mechanical applications. The company offers a complete set of tools and abrasives for post-production value-add operations, including lapping, polishing, coating, cutting and squaring. Surfaces Group is based in Cenate Sotto, Italy. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 245 of 294 |
| Sector: Business Services M&A | 18 of 19 |
| Type: Secondary Buyout M&A Deals | 44 of 64 |
| Country: Netherlands M&A | 3 of 5 |
| Year: 2020 M&A | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-11 |
CoderPad
San Francisco, California, United States CoderPad is an online technical assessment software that makes it easy to interview in the candidate’s language of choice so hiring managers can quickly get a quality signal of an engineer’s skills. The company empowers customers around the world to screen and interview best-in-class engineers with its comprehensive and flexible technology, a responsive customer success team, and devotion to a great candidate experience. CoderPad was founded in 2013 and is headquartered in San Francisco, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-17 |
Keeper
Chicago, Illinois, United States Keeper is a provider of zero-trust and zero-knowledge security and encryption software covering enterprise password management, role-based access control, event tracking, dark web monitoring, secure file storage, secrets management, and encrypted messaging. Keeper was founded in 2011 and is based in Chicago, Illinois. |
Buy | - |
