Secondary Buyout • Retail

Charterhouse Capital Partners and ICG Acquire Nocibé

On December 12, 2005, private equity firm Charterhouse Capital Partners and mezzanine finance firm ICG acquired retailer Nocibé from TCR Capital, Bridgepoint and Quilvest Capital Partners for 490M EUR

Acquisition Context
  • This is Charterhouse Capital Partners’ 1st and ICG’s 9th transaction in the Retail sector.
  • This is Charterhouse Capital Partners’ 19th and ICG’s 36th largest (disclosed) transaction.
  • This is Charterhouse Capital Partners’ 1st and ICG’s 37th transaction in France.
Investment Fate
  • Nocibé was sold to a strategic buyer in 2013.

Explore All 248 Secondary Buyout Retail Deals - Search the Database Free


M&A Deal Summary

Date December 12, 2005
Target Nocibé
Sector Retail
Buyer(s) Charterhouse Capital Partners
ICG
Sellers(s) TCR Capital
Bridgepoint
Quilvest Capital Partners
Deal Type Secondary Buyout
Deal Value 490M EUR

Target Company

Nocibé

Ascq, France
Nocibé is a French perfume retailer that owns 455 perfume stores. The group offers a wide range of products: luxury perfumes, care products, makeup, diet, organic brands, and a wide choice of exclusive emerging brands as well as its own brand of beauty accessories. Nocibé was founded in 1984, and headquartered in Ascq, France.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyers Overview 2

Buyer

Charterhouse Capital Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1934
PE ASSETS 5.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Charterhouse Capital Partners is a large private equity firm specializing in buyouts of European industrial and commercial service companies. The Firm primarily seeks opportunities in Western Europe and the UK. Charterhouse focuses on profitable companies led by experienced management valued from €200 million to €1.5 billion. Specific areas of interest include business services, chemicals, engineering, leisure, transport and logistics. Charterhouse Capital Partners was formed in 1934 and is based in London.


Deal Context for Buyer #
Overall 7 of 52
Sector: Retail 1 of 2
Type: Secondary Buyout 3 of 28
Country: France 1 of 14
Year: 2005 4 of 4
Size (of disclosed) 19 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-01 Coral Group Holdings .

London, United Kingdom

Coral Eurobet is a provider of off-track betting services in the UK.

Sell £2.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-10 Levantina y Asociados de Minerales S.A.U

Novelda, Spain

Levantina y Asociados de Minerales S.A.U is a multinational company with Spanish origins, worldwide leader in the natural stone market.

Buy €520M
Buyer

ICG

London, United Kingdom

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1989
PE ASSETS 33.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Intermediate Capital Group (ICG) is a global mezzanine finance firm. IGC looks to provide junior capital to support a wide range of transactions, including buyouts, debt restructurings, and development financing. The Firm generally invests alongside financial sponsors and management teams in transactions valued from €250 million to €1 billion. ICG was formed in 1989 and is headquartered in London.


Deal Context for Buyer #
Overall 148 of 294
Sector: Retail 9 of 12
Type: Secondary Buyout 30 of 115
Country: France 37 of 72
Year: 2005 27 of 28
Size (of disclosed) 36 of 82
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-17 A-Katsastus Oy

Vantaai, Finland

A-Katsastus Oy is a provider of vehicle inspection, driver’s examinations, and registration and other license services. A-Katsastus was founded in 1966 and is based in Vantaai, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-15 Souriau-Sunbank Connection Technologies

Versailles, Pennsylvania, France

Souriau SAS is a provider in connector solutions for industrial, military aeronautics and aerospace applications. The company makes a wide range of interconnection systems for severe environments (high pressure, extreme temperature, marine environments, exposure to electromagnetic or nuclear radiation, etc.)

Sell €483M

Seller Profiles 3

SELLER

TCR Capital

Paris, France

Category Private Equity Firm
Founded 1980
PE ASSETS 300M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

TCR Capital is an independent private equity firm specializing in middle-market French buyouts and corporate spin-offs. TCR invests in companies generating €20 to €200 million of revenue. TCR generally seeks to be the lead (or co-lead) investor and will consider both majority and minority positions. Sectors of interest include business services, consumer services, specialized distribution, leisure, and niche manufacturing. The Firm will not invest in real estate, business start-ups, turnarounds, heavy industry, or companies exposed to either technology or commodity risk. TCR Capital was formed in 1980 and is based in Paris.


Deal Context for Seller #
Overall 2 of 14
Sector: Retail 1 of 2
Type: Secondary Buyout 2 of 9
Country: France 2 of 13
Year: 2005 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-30 Thermocoax

Suresnes, France

Thermocoax is a manufacturer of customised thermal solutions and temperature measurement systems based on mineral insulated cable technology. Thermocoax was founded in 1957 and is based in Suresnes, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 Locatel France SAS

Nanterre, France

Locatel France SAS originally created as a national and basic TV rental company, Locatel has successfully changed its business model to become the leading European provider in interactive TV solutions for the hotel and healthcare sectors.

Buy -
SELLER

Bridgepoint

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 75.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 Context for Seller #
Overall 11 of 112
Sector: Retail 1 of 9
Type: Secondary Buyout 6 of 66
Country: France 3 of 25
Year: 2005 5 of 5
Size (of disclosed) 16 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-08 Environmental Resources Management

London, United Kingdom

Environmental Resources Management is a global provider of environmental, health, safety, risk, and social consulting services. Environmental Resources Management was founded in 1871 and is based in London, United Kingdom.

Buy $535M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Alain Afflelou

Aubervilliers, France

Alain Afflelou is a franchisor of over 800 optical retail stores in France and Spain, operating under two brands Alain Afflelou, its core offering, and Plurielles d'Afflelou, its 'all-inclusive' concept. Alain Afflelou was founded in 1972 and is based in Aubervilliers, France.

Buy €500M
SELLER

Quilvest Capital Partners

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1972
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Quilvest Capital Partners is the private equity investment arm of asset management firm Quilvest. Quilvest Capital Partners invests in private equity and debt funds as well as makes direct investments. The direct investment group looks for opportunities in the US, Europe, and 'opportunistically' in Asia with a preference for buyout, growth capital, and venture transactions. Quilvest Capital Partners will consider both minority and majority positions. Quilvest Capital Partners was established in 1972 and is based Paris.


Deal Context for Seller #
Overall 3 of 69
Sector: Retail 1 of 2
Type: Secondary Buyout 2 of 25
Country: France 2 of 15
Year: 2005 3 of 3
Size (of disclosed) 9 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-01 EWT Holding

Hannover, Germany

EWT Holding GmbH and its subsidiaries install and operate cable networks to provide cable television services to private households.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 The Landau Group

New York, New York, United States

The Landau Group is a designed group of attorneys and advisors, researchers and general support staffs based in New York City.

Buy -

Explore Related M&A Activity