M&A Deal Summary

Eurazeo PME Acquires Sommet Education

On January 1, 2016, private equity firm Eurazeo PME acquired education company Sommet Education

Acquisition Highlights
  • This is Eurazeo PME’s 1st transaction in the Education sector.
  • This is Eurazeo PME’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2016-01-01
Target Sommet Education
Sector Education
Buyer(s) Eurazeo PME
Deal Type Buyout (LBO, MBO, MBI)

Target

Sommet Education

Clarens, Switzerland
Sommet Education is an education group specializing in hospitality management, committed to offering an exceptional student experience and to developing the leaders of tomorrow. Its institutions, Glion and Les Roches, welcome students from over 100 countries for both Bachelors and Masters programs, offering an educational approach based on academic discipline and hands-on learning within a multicultural environment. Sommet Education is based in Clarens, Switzerland.

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Buyer(S) 1

Buyer
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 31 of 82
Sector (Education) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 14 of 22
Country (Switzerland) 1 of 1
Year (2016) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-23 Planet

Galway, Ireland

Planet is a provider of VAT refund and dynamic currency conversion (“DCC”) services to retailers, governments, and financial institutions globally. Planet is based in Galway, Ireland.

Buy €585M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-11 Orolia

Les Ulis, France

Orolia provides resilient positioning, navigation, and timing (PNT) solutions which improve the reliability, performance, and safety of critical civilian, military and space operations, including in harsh or altered Global Navigation Satellite System (GNSS) environments. The company has a broad portfolio of technologies across the Resilient PNT value-chain with full system capabilities, and is a provider of PNT equipment, simulation and test solutions. It is also providing emergency locator beacons for commercial aviation and military applications. Orolia was formed in 2006 and is based in Les Ulis, France.

Buy €100M