M&A Deal Summary

Groupe Promeo Acquires Kawan Group

On June 22, 2011, Groupe Promeo acquired leisure company Kawan Group from MBO for 14M EUR

Acquisition Highlights
  • This is Groupe Promeo’s 1st transaction in the Leisure sector.
  • This is Groupe Promeo’s largest (disclosed) transaction.
  • This is Groupe Promeo’s 1st transaction in France.

M&A Deal Summary
Date 2011-06-22
Target Kawan Group
Sector Leisure
Buyer(s) Groupe Promeo
Sellers(s) MBO
Deal Type Add-on Acquisition
Deal Value 14M EUR

Target

Kawan Group

Fragnes, France
Kawan Group is a travel agency company involved in operating campsites and providing vacation stays, rental, etc.

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Buyer(S) 1

Buyer

Groupe Promeo

Sete, France
Category Company
Founded 1977
Sector Business Services
DESCRIPTION

Groupe Promeo is a real estate company with sectors like promotion, hotels and legacy management.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (France) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

MBO

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2002
PE ASSETS 700M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

MBO Partenaires is a private equity firm focused on buyout, shareholder liquidity, and growth capital transactions in France, Spain, Switzerland, Belgium, and Luxemburg. The Firm will consider majority or minority positions and seeks to commit €5 to €25 million in transactions valued up to €100 million. MBO Partenaires was formed in 2002 and is headquartered in Paris.

DEAL STATS #
Overall 6 of 28
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 5 of 14
Country (France) 6 of 27
Year (2011) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-01 Dron Location SAS

Pantin, France

Dron Location SA is involved in trading machine tools for the construction trades, construction, industry and events.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Est Auction AS

Nancy, France

Est Auction AS is involved in auctioning of second-hand vehicles.

Sell -
Mergr

Product

Company

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