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M&A Deal Summary

Crédit Mutuel Arkéa Acquires Monext SAS

On November 18, 2009, Crédit Mutuel Arkéa acquired financial services company Monext SAS from Advent International

Acquisition Highlights
  • This is Crédit Mutuel Arkéa’s 1st transaction in the Financial Services sector.
  • This is Crédit Mutuel Arkéa’s 1st transaction in France.

M&A Deal Summary
Date 2009-11-18
Target Monext SAS
Sector Financial Services
Buyer(s) Crédit Mutuel Arkéa
Sellers(s) Advent International
Deal Type Add-on Acquisition

Target

Monext SAS

Paris, France
Monext SAS manages more than 2 million bank cards, 3 million transport cards and 5 million private-label (petrol and retail) cards on a day-to-day basis, and handles more than 550 million transactions per year, making it a major player in the French electronic payment market.

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Buyer(S) 1

Buyer

Crédit Mutuel Arkéa

Le Relecq-Kerhuon, France
Category Company
Founded 1960
Sector Financial Services
Employees8,494
DESCRIPTION

Crédit Mutuel Arkéa, a regional cooperative bank, provides banking services and products for individuals and commercials.

DEAL STATS #
Overall 1 of 3
Sector: Financial Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: France M&A 1 of 3
Year: 2009 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-09 Primonial

Paris, France

Primonial is a wealth management consulting group. Primonial provides design, selection, management, and sale of financial solutions for real estate, asset management, and life insurance. Primonial was founded in 1989 and is based in Paris, France.

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Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 91.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 105 of 234
Sector: Financial Services M&A 8 of 25
Type: Add-on Acquisition M&A Deals 42 of 87
Country: France M&A 8 of 11
Year: 2009 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-01 Devin AD

Sofia, Bulgaria

Devin AD is a producer and distributor of bottled water in Bulgaria. The company bottles and sells a wide range of products including Devin mineral water, Devin spring water, Devin Air carbonated mineral water, Divna table water, Granini fruit juices and Red Bull energy drinks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-10 Lowell

Leeds, United Kingdom

Lowell is a credit management services group. The Group’s expertise in the debt recovery segment ranges from the trust management of commercial and credit receivables through to evaluating, taking over and handling personal loans and mortgages. Lowell was founded in 1992 and is based in Leeds, United Kingdom.

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