M&A Deal Summary

BrandSafway Acquires Venko Groep B.V.

On January 22, 2018, BrandSafway acquired energy services and equipment company Venko Groep B.V. from CD&R

Acquisition Highlights
  • This is BrandSafway’s 2nd transaction in the Energy Services and Equipment sector.
  • This is BrandSafway’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2018-01-22
Target Venko Groep B.V.
Sector Energy Services and Equipment
Buyer(s) BrandSafway
Sellers(s) CD&R
Deal Type Add-on Acquisition

Target

Venko Groep B.V.

Hoogeveen, Netherlands
Venko Groep B.V. is a provider of fabric maintenance services throughout the life cycle of assets, both offshore and onshore. The company offshore division delivers fabric maintenance services on oil & gas production platforms, windfarms and a wide variety of other offshore facilities.

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Buyer(S) 1

Buyer

BrandSafway

Atlanta, Georgia, United States

Category Company
Founded 1919
Sector Business Services
Employees38,000
DESCRIPTION

BrandSafway is a provider of specialized services to the global energy, industrial, and infrastructure markets. Its range of service offerings includes work access, corrosion management, atmospheric and immersion coatings, insulation services, fireproofing and refractory, mechanical services, forming and shoring, and other complementary specialty services. Brand delivers its services through a network of more than 370 branches on six continents, with a focus on the major hydrocarbon and power generation markets globally. BrandSafway was founded in 1919 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 5 of 15
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 14
Country: Netherlands M&A 1 of 1
Year: 2018 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-04 Waveland Services

Eunice, Louisiana, United States

Waveland Services, Inc. is a maintenance-based coatings business holding long-term contracts with most of the large offshore platform owners, including major oil companies with deep-water assets, independent oil companies with shallow-water assets, and pipeline transmission companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 Forming Concepts

Gilberts, Illinois, United States

Forming Concepts, Inc. is a supplier of concrete forming solutions. We design the best, safest, most efficient, and cost-effective systems by partnering with our customers and building long lasting relationships based on honesty, satisfaction, and trust.

Buy -

Seller(S) 1

SELLER

CD&R

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1978
PE ASSETS 30.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Clayton, Dubilier & Rice LLC (CD&R) is a large private equity firm that targets non-core divestitures of large corporations, growth equity financings, traditional buyouts, and corporate/family partnerships. CD&R looks for opportunities in North America, Western Europe, and Asia and will consider businesses in a wide range of sectors including consumer/retail, healthcare, industrials, and services. Prospective companies generally lead their respective markets, have stable cash flows, and possess competitive advantages through differentiated products, services, or processes. CD&R was formed in 1978 and has offices in New York City and London.


DEAL STATS #
Overall 31 of 48
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 10 of 16
Country: Netherlands M&A 1 of 1
Year: 2018 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-19 Belron

Surrey, United Kingdom

Belron is a provider of glass repair and replacement, trading under more than 10 major brands including Carglass, Safelite AutoGlass, and Autoglass. In addition, it manages vehicle glass and other insurance claims on behalf of insurance customers. Belron is based in Surrey, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-31 Ply Gem Industries

Cary, North Carolina, United States

Ply Gem Industries, Inc. is a manufacturer of building products in North America. Number one in vinyl siding and in vinyl and aluminum windows, Ply Gem produces a comprehensive product line of windows and patio doors, vinyl and aluminum siding and accessories, designer accents, cellular PVC trim and mouldings, vinyl fencing and railing, stone veneer, roofing and gutterware products, used in both new construction and home repair and remodeling across the United States and Canada.

Buy $2.4B