M&A Deal Summary

Equistone Acquires Novares

On January 25, 2016, private equity firm Equistone acquired automotive company Novares

Acquisition Highlights
  • This is Equistone’s 6th transaction in the Automotive sector.
  • This is Equistone’s 61st transaction in France.

M&A Deal Summary
Date 2016-01-25
Target Novares
Sector Automotive
Buyer(s) Equistone
Deal Type Buyout (LBO, MBO, MBI)

Target

Novares

Clamart, France
Novares is a global supplier of plastic components for the automotive industry. Novares designs, develops and manufactures passenger vehicle interiors, exteriors and engine parts, such as air intake components, bezels for control panels and roof/interior trims.

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Buyer(S) 1

Buyer

Equistone

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 9.6B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Equistone is a private equity firm that invests in small to mid-sized companies valued from €50 to €500 million. Equistone targets companies operating in the fields of services, healthcare, financial services, and consumer/travel. The Firm looks to invest €25 to €200 million in a variety of transactions, including buyouts, growth capital financings, recapitalizations, and take privates. Equistone was formed in 1997 and is based in London, England.

DEAL STATS #
Overall 200 of 254
Sector (Automotive) 6 of 6
Type (Buyout (LBO, MBO, MBI)) 119 of 131
Country (France) 61 of 74
Year (2016) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-16 Gaucho Grill

London, United Kingdom

Gaucho Grill offers fine dining with an emphasis on authentic, high quality, Argentinian steaks and an extensive wine list. It has 14 restaurants in the UK and three international restaurants, one in each of Buenos Aires, Dubai and Hong Kong.

Buy £100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-28 MRH

Epping, United Kingdom

MRH is the second largest independent forecourt operator in the U.K. with 439 stations operating under the BP, Shell, Esso, Texaco, JET and Murco fuel brands. MFG offers the Murco brand through a network of 200 dealers and its retail offerings include Subway and Costa Coffee.

Sell -
Mergr

Product

Company

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