M&A Deal Summary

CDC International Capital and QIA Acquire Groupe Moving

On February 26, 2019, private equity firm CDC International Capital and sovereign wealth fund QIA acquired consumer services company Groupe Moving from CAPZA

Acquisition Highlights
  • This is CDC International Capital’s 1st and QIA’s 1st transaction in the Consumer Services sector.
  • This is CDC International Capital’s 2nd and QIA’s 1st transaction in France.

M&A Deal Summary

Date 2019-02-26
Target Groupe Moving
Sector Consumer Services
Buyer(s) CDC International Capital
QIA
Sellers(s) CAPZA
Deal Type Secondary Buyout

Target

Groupe Moving

Paris, France
Groupe Moving is a fitness operator currently encompasses over 180 fitness clubs and more than 400,000 members, who attend 21 directly-operated clubs (located in major cities) and 162 clubs operated under franchise (mainly in provincial areas). Groupe Moving was founded in 1985 and is based in Paris, France.

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Buyer(S) 2

DESCRIPTION

CIC International Capital is an asset management firm focused on partnering with sovereign wealth funds to make direct investments in French companies. CIC International Capital was established in 2014 and is headquartered in Paris. CDC International Capital was merged into Bpifrance.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 2 of 2
Country: France M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-11 Vivalto Sante

Paris, France

Vivalto Sante is an operator of private clinics. Vivalto Sante was founded in 2009 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Vivalto Sante

Paris, France

Vivalto Sante is an operator of private clinics. Vivalto Sante was founded in 2009 and is based in Paris, France.

Sell -
Buyer
DESCRIPTION

Qatar Investment Authority (QIA) is the sovereign wealth fund of Qatar. QIA pursues a variety of investment strategies including real estate, equities, infrastructure, and direct investments. Qatar Investment Authority was established in 2005 and is headquartered in Doha.


DEAL STATS #
Overall 4 of 10
Sector: Consumer Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 2
Country: France M&A 1 of 1
Year: 2019 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-26 Kokusai Electric

Tokyo, Japan

Kokusai Electric is a producer of semiconductor manufacturing equipment, class coating technology, delivering products and services to the world’s top manufacturers. Kokusai Electric is based in Tokyo, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-02 Oryx Midstream Services

Midland, Texas, United States

Oryx Midstream Services is a midstream crude operator in the Permian Basin. Oryx Midstream Services owns and operates a crude oil gathering and transportation system underpinned by nearly one million acres under long-term dedications from more than 20 customers. The system's 2.1 million barrels of storage and approximately 1,200 miles of in-service and under-construction pipeline span eight counties in Texas and two in New Mexico. Oryx Midstream Services was founded in 2013 and is based in Midland, Texas.

Buy $3.6B

Seller(S) 1

SELLER

CAPZA

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 9.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CAPZA is a provider of equity and junior capital to small and medium-sized unlisted French companies. CAPZA does not have any sector preferences and looks to invest in companies valued from €20 to €400 million. CAPZA was formed in 2004 and is based in Paris.


DEAL STATS #
Overall 36 of 49
Sector: Consumer Services M&A 3 of 4
Type: Secondary Buyout M&A Deals 27 of 33
Country: France M&A 35 of 45
Year: 2019 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-04 Finance Active

Paris, France

Finance Active designs SaaS solutions to improve performance in debt management and financial risk management: foreign exchange, investment, prospective, and guarantees. Finance Active paves the way for digital transformation in financial departments of companies, local authorities, and financial institutions with more than 13,000 users across 5 continents. Finance Active was founded in 2000 and is based in Paris, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-07 Cesacap

Paris, France

Cesacap is an electrical engineering company. Cesacap specializes in high and low currents, as well as provides audit, design, implementation, commissioning, multi-technical, and multigeneration maintenance services. Cesacap was established in 1981 and is based in Paris, France.

Sell -