M&A Deal Summary

Eurazeo PME Acquires Altair

On November 18, 2020, private equity firm Eurazeo PME acquired consumer products company Altair from Motion Equity Partners and Essling Capital

Acquisition Highlights
  • This is Eurazeo PME’s 5th transaction in the Consumer Products sector.
  • This is Eurazeo PME’s 42nd transaction in France.

M&A Deal Summary
Date 2020-11-18
Target Altair
Sector Consumer Products
Buyer(s) Eurazeo PME
Sellers(s) Motion Equity Partners
Essling Capital
Deal Type Secondary Buyout

Target

Altair

Wasquehal, France
Altair is a manufacturer and distributor of cleaning and home care products and household insecticides sold mainly through specialized channels. Altair was founded in 1946 and is based in Wasquehal, France.

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Buyer(S) 1

Buyer

Eurazeo PME

Paris, France

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Eurazeo PME, formerly known as OFI Private Equity Capital. Eurazeo PME invests equity and mezzanine capital in secondary buyout transactions of unlisted French companies. The Firm looks for opportunities valued between €50 and €250 million. Areas of interest include chemicals, financial services, consumer services, retail, manufacturing, distribution, and life science. Eurazeo PME was formed in 1997 and is based in Paris.

DEAL STATS #
Overall 60 of 82
Sector (Consumer Products) 5 of 7
Type (Secondary Buyout) 24 of 31
Country (France) 42 of 55
Year (2020) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-18 Iberchem S.A.

Alcantarilla, Spain

Iberchem, S.A. engages in Production of fragrances and flavors for the industrial and food and beverage sectors. Iberchem was founded in 1985 and is based in Alcantarilla, Spain.

Sell €820M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Pat McGrath Labs

Santa Clara, California, United States

Pat McGrath Labs is an incomparable beauty line, having inspired and created celebrated makeup looks of 21st century. Pat McGrath Labs was founded in 2015 and is based in Santa Clara, California.

Sell -

Seller(S) 2

SELLER

Motion Equity Partners

Paris, France

Investor Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 1.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Motion Equity Partners is a European private equity firm that targets large buyouts and turnaround situations valued up to €300 million. Broad areas of interest include consumer (leisure, retail, household and consumer goods, food/beverages), industrial (building materials, automotive, manufacturing, chemicals), business services (outsourced services, logistics and transportation, facilities management), and healthcare services and equipment. Motion prefers opportunities located in France, the UK, Germany, and Italy and looks to commit €20 to €80 per transaction. Motion Equity Partners was established in 2001 and is headquartered in Paris.

DEAL STATS #
Overall 28 of 32
Sector (Consumer Products) 1 of 1
Type (Secondary Buyout) 12 of 14
Country (France) 4 of 8
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-28 Olmix

Brehan, France

Olmix is a global specialist in sea-based biotechnologies and green chemistry, producing solutions for the animal nutrition and health (Animal Care) and crop nutrition and health (Plant Care) markets from algae and other natural raw materials. Olmix was founded in 1995 and is based in Brehan, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-18 Learnation

Courbevoie, France

Learning Group was born from the merger of 3 entities in their respective fields of activity. Learnation is an Edtech group, specialised in digital learning and pure player in digital language training. Learnation is based in Courbevoie, France.

Buy -
SELLER

Essling Capital

Investor Investor Investor Investor Investor

Category Asset Manager
PE ASSETS 1.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

DEAL STATS #
Overall 2 of 4
Sector (Consumer Products) 1 of 1
Type (Secondary Buyout) 1 of 2
Country (France) 1 of 3
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-26 GetBack

Wroclaw, Poland

GetBack is active in debt recovery industry. GetBack acquires on its own balance sheet and on behalf of third parties, portfolios of Non-Performing Loans (“NPL”) mainly from banks, but also from telecoms and utilities. GetBack was founded in 2012 and is based in Wroclaw, Poland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-27 TrustBuilder

Gent, Belgium

TrustBuilder’s expertise in Identity and Access Management (IAM) and Multi-Factor Authentication (MFA). The combined offering delivers a comprehensive set of building blocks to secure the digital enterprise and ensures secure interactions for customers, employees and machines. The modules in TrustBuilder’s IAM framework solve the challenges of multiple use cases such as Single Sign-on, Multi-Factor Authentication, Passwordless Authentication, Federated Identity, Identity Verification, Know Your Customer, Persona Selection and Management. TrustBuilder was founded in 2008 and is based in Gent, Belguim.

Buy -
Mergr

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