Secondary Buyout • Furniture

Equistone Acquires stow Group

On March 9, 2015, private equity firm Equistone acquired furniture company stow Group from LBO France

Acquisition Context
  • This is Equistone’s 2nd transaction in the Furniture sector.
  • This is Equistone’s 1st transaction in Belgium.
Investment Fate
  • stow Group was sold to a consortium of financial buyers in 2018.

Explore All 60 Secondary Buyout Furniture Deals - Search the Database Free


M&A Deal Summary

Date March 9, 2015
Target stow Group
Sector Furniture
Buyer(s) Equistone
Sellers(s) LBO France
Deal Type Secondary Buyout
Advisor(s) CMS Legal (Legal)

Target Company

stow Group

Spiere-Helkijn, Belgium
stow Group manufacturer of customised racking and storage solutions for warehouses. stow Group is involved in the conception, production and installation of storage systems: racks, warehouse automation and metallic furniture. stow Group was founded in 1985 and is based in Spiere-Helkijn, Belgium
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 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, United Kingdom.


Deal Context for Buyer #
Overall 193 of 252
Sector: Furniture 2 of 2
Type: Secondary Buyout 50 of 83
Country: Belgium 1 of 2
Year: 2015 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-05 avocis AG

Tagerwilen, Switzerland

avocis offers multilingual services in the areas of technical support, user helpdesks, outbound and inbound services and services for SMEs.

Sell €210M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-24 Sportgroup

Burgheim, Germany

Sportgroup is a manufacturer of artificial turf systems and synthetic floor coverings in the sport and leisure sector. Its comprehensive product range includes artificial turf, running tracks and polyurethane surfaces as well as components for sporting, industrial and leisure facilities. Sportgroup is based in Burgheim, Germany.

Buy -

Seller Profile 1

SELLER

LBO France

Paris, France

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1985
PE ASSETS 5.4B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

LBO France is an independent private equity group focused on acquiring majority stakes in French firms, or companies with French management. LBO France manages several funds, each targeting different types of businesses. The Firm's mid-market fund looks to acquire majority or minority stakes in companies valued from €100 million to €2.5 billion. The mid-market fund generally looks at companies with predictable sales, profits and cash flow, but will also consider businesses with under-utilized assets. LBO France's small cap fund targets majority stakes in smaller, profitable businesses valued from €10 to €100 million, with strong potential for growth or consolidation. In addition to its equity funds, LBO France also invests in real estate and provides LBO loans issued by medium-sized European companies (enterprise value between €150m and €2bn). LBO France was formed in 1985 and is based in Paris.


Deal Context for Seller #
Overall 29 of 59
Sector: Furniture 2 of 2
Type: Secondary Buyout 16 of 34
Country: Belgium 1 of 2
Year: 2015 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Rocamat

L'Ile Saint Denis, France

Rocamat is a provider of granite for decoration and grave furniture. Rocamat is an integrated producer throughout the value chain, from extraction to stoneworking. Rocamat operates 25 quarries in Canada and the USA and has 5 processing plants.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-21 Alvest

Paris, France

Alvest designs, manufactures, and distributes technical products for the aviation industry, which include aviation ground support equipment, spare parts and services, and technical adhesives and markings for the aerospace and industrial markets. Alvest was founded in 2006 and is based in Paris, France.

Sell -

Explore Related M&A Activity