M&A Deal Summary

H.I.G. Private Equity Acquires Cabonline

On April 8, 2015, private equity firm H.I.G. Private Equity acquired transportation company Cabonline

Acquisition Highlights
  • This is H.I.G. Private Equity’s 8th transaction in the Transportation sector.
  • This is H.I.G. Private Equity’s 1st transaction in Sweden.

M&A Deal Summary

Date 2015-04-08
Target Cabonline
Sector Transportation
Buyer(s) H.I.G. Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Cabonline

Stockholm, Sweden
Cabonline the owner of the Nordic taxi brands such as Taxi Kurir, 020, Norges Taxi and Taxi Skane, is a provider of taxi technology, brand affiliation and services to independent transporters. The company provides fare allocation and dispatch services to over 5,000 taxis across Sweden and Norway. Its extensive network offers transporters the highest capacity utilisation and customers the response time and quality offering. Cabonline was founded in 1986 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HIG Private Equity is the private equity arm of HIG Capital. The Firm focuses on management buyouts, growth equity investments, and recapitalizations of mid-sized to large companies valued between $50 million and $1 billion. HIG will also consider industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 is based in Miami, Florida.


DEAL STATS #
Overall 165 of 379
Sector (Transportation) 8 of 18
Type (Buyout (LBO, MBO, MBI)) 54 of 116
Country (Sweden) 1 of 1
Year (2015) 5 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-17 Sustana

De Pere, Wisconsin, United States

Sustana is a manufacturer of premium de-inked recycled pulp from post-consumer waste. manufacturer of sustainable recycled fibers, paper, and packaging of the highest quality de-inked recycled pulp for use in the production of writing paper, tissue paper, and FDA-compliant products. Sustana was founded in 1992 and is based in De Pere, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-14 Dent Wizard International

Bridgeton, Missouri, United States

Dent Wizard is the provider of automotive reconditioning services and related products. Dent Wizard International was founded in 1983 and is based in Bridgeton, Missouri.

Sell -