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M&A Deal Summary

Creadev Acquires Foundever

On July 10, 2009, family office Creadev acquired business services company Foundever from XAnge

Acquisition Highlights
  • This is Creadev’s 1st transaction in the Business Services sector.
  • This is Creadev’s 1st transaction in Luxembourg.

M&A Deal Summary
Date 2009-07-10
Target Foundever
Sector Business Services
Buyer(s) Creadev
Sellers(s) XAnge
Deal Type Secondary Buyout

Target

Foundever

Luxembourg, Luxembourg
Foundever is a global provider of customer experience and business process outsourcing solutions, offering contact center and digital services to clients across diverse industries. Foundever is based in Luxembourg, Luxembourg.

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Buyer(S) 1

Buyer

Creadev

Investor Investor Investor Investor Investor

Category Family Office
Founded 2002
Size Large
Type Sector Agnostic
DESCRIPTION

Creadev is a family-backed, global investment firm focused on long-term venture, growth equity, and buyout investments. Within venture, Creadev looks to invest €10 to €30 million per transaction. Areas of interest include green energy, environmental/waste management, food/agriculture, healthcare, education, and IT. Creadev was formed in 2002 and is headquartered in Paris, France.

DEAL STATS #
Overall 2 of 5
Sector: Business Services M&A 1 of 2
Type: Secondary Buyout M&A Deals 1 of 1
Country: Luxembourg M&A 1 of 1
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Groupe Maisons de Famille

Courbevoie, France

Groupe Maisons de Famille is an operator of nursing homes that provides residential care and medical services for elderly people across France, Italy, Spain, and Germany. Groupe Maisons de Famille is based in Courbevoie, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-24 Homeperf SAS

Aix-En-Provence, France

Homeperf SAS is a homecare service provider (37 agencies) specialized in perfusion, nutrition, insulin therapy, and respiratory assistance services. Homeperf SAS was established in 1997 and is based in Aix-En-Provence, France.

Sell -

Seller(S) 1

SELLER

XAnge

Investor Investor Investor Investor Investor

Category Venture Capital Firm
Founded 2004
PE ASSETS 450M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

XAnge is an early stage investor in Western European startups focused on enterprise data, financial technology, digital media, and tech-enabled services. XAnge was estbablished in 2004 and is headquartered in Munich, Germany.

DEAL STATS #
Overall 6 of 42
Sector: Business Services M&A 1 of 4
Type: Secondary Buyout M&A Deals 1 of 9
Country: Luxembourg M&A 1 of 1
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-25 Wedia

Paris, France

Wedia provides publishing software for marketing and communication. Wedia was founded in 2000 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-27 The Science-U Group

Montrouge, France

The Science-U Group is a training groups in France, brings together brands and recognized institution.

Buy -
Mergr

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