M&A Deal Summary

Hannover Finanz Acquires ACHAT Hotel

On December 1, 2016, private equity firm Hannover Finanz acquired leisure company ACHAT Hotel

Acquisition Highlights
  • This is Hannover Finanz’s 1st transaction in the Leisure sector.
  • This is Hannover Finanz’s 42nd transaction in Germany.

M&A Deal Summary

Date 2016-12-01
Target ACHAT Hotel
Sector Leisure
Buyer(s) Hannover Finanz
Deal Type Buyout (LBO, MBO, MBI)

Target

ACHAT Hotel

Mannheim, Germany
ACHAT Hotel is a operator of so-called "value and budget hotels" in strategically well-situated locations in Germany. ACHAT Hotel was founded in 1991 and is based in Mannheim, Germany.

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Buyer(S) 1

Buyer

Hannover Finanz

Hannover, Germany

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1979
PE ASSETS 700M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Hannover Finanz is a private equity group that targets buyout and expansion capital investments in mid-sized 'structurally sound businesses' operating in stable and growing industries. Hannover Finanz looks for businesses with annual revenues of at least €20 million and typically commits between €15 and €50 million of equity per transaction. The Firm will consider both minority and majority investment situations/needs. Broad areas of interest include technology, life science, service, distribution, and industrial sectors. Hannover Finanz was formed in 1979 and is based in Hannover, Germany.


DEAL STATS #
Overall 49 of 70
Sector: Leisure M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 36 of 48
Country: Germany M&A 42 of 62
Year: 2016 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Raith

Dortmund, Germany

Raith is a global developer and manufacturer of nanofabrication systems and software used for printing and scanning nanostructures. Raith was established in 1980 and is based in Dortmund, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-16 Schiller Fleisch

Bad Vilbel, Germany

Schiller Fleisch is a supplier of sirloin, fillet and entrecote from German steers. Schiller Fleisch was founded in 1971 and is based in Bad Vilbel, Germany.

Buy -