M&A Deal Summary

ENDEL - ENGIE GROUP Acquires CNN MCO

On September 6, 2017, ENDEL - ENGIE GROUP acquired marine company CNN MCO from Sparring Capital

Acquisition Highlights
  • This is ENDEL - ENGIE GROUP’s 1st transaction in the Marine sector.
  • This is ENDEL - ENGIE GROUP’s 1st transaction in France.

M&A Deal Summary

Date 2017-09-06
Target CNN MCO
Sector Marine
Buyer(s) ENDEL - ENGIE GROUP
Sellers(s) Sparring Capital
Deal Type Add-on Acquisition

Target

CNN MCO

Guipavas, France
CNM MCO is a provider in engineering and maintenance (Through Life Support: TLS) of large surface ships (Navy, Customs, Police). CNN MCO is based in Guipavas, France.

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Buyer(S) 1

Buyer

ENDEL - ENGIE GROUP

Colombes, France

Category Company
Founded 2002
Sector Construction
DESCRIPTION

ENDEL - ENGIE GROUP provides construction of major infrastructure equipment, dismantling, engineering, and renovation services. ENDEL - ENGIE GROUP was established in 2002 and is based in Colombes, France.


DEAL STATS #
Overall 1 of 1
Sector: Marine M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Sparring Capital

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
PE ASSETS 850M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Sparring Capital is a private equity firm focused on acquiring majority positions in private medium-sized French companies. Pragma looks to fund leveraged buyouts and development capital financings of businesses with high barriers to entry and that lead their respective market niches. The Firm typically seeks companies with at least €10 million in revenue and at least €1.5 million of EBITDA. Sparring Capital was formed in 2002 and is based in Paris.


DEAL STATS #
Overall 16 of 21
Sector: Marine M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 3
Country: France M&A 15 of 20
Year: 2017 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-01 The Burnet Group

Chasseneuil du Poitou, France

The Burnet Group provides a whole range of technical services to its clients including electrical, phoning, air conditioning and security installations and maintenance. The Burnet Group was established in 1973 and is based in Chasseneuil du Poitou, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-04 IMX Distribution Group

Pantin, France

IMX Distribution Group is an international delivery platform. IMX offers a wide variety of delivery services (parcels, letters, press publications, tracked shipments, delivery with signature, return goods, etc.) at optimized cost from the very first shipment. IMX Distribution Group was established in 1989 and is based in Pantin, France.

Buy -