M&A Deal Summary

IDEX Acquires SFC KOENIG AG

On July 28, 2016, IDEX acquired manufacturer SFC KOENIG AG from Capvis, HgCapital and EQT for 217M EUR

Acquisition Highlights
  • This is IDEX’s 5th transaction in the Manufacturing sector.
  • This is IDEX’s 5th largest (disclosed) transaction.
  • This is IDEX’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2016-07-28
Target SFC KOENIG AG
Sector Manufacturing
Buyer(s) IDEX
Sellers(s) Capvis
HgCapital
EQT
Deal Type Add-on Acquisition
Deal Value 217M EUR

Target

SFC KOENIG AG

Dietikon, Switzerland
SFC KOENIG AG is a manufacturer of metal–to–metal seal and flow control solutions serving a variety of industries.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

IDEX

Northbrook, Illinois, United States

Category Company
Founded 1987
Sector Manufacturing
Employees9,000
Revenue 3.3B USD (2024)
DESCRIPTION

IDEX is engaged in the development, design, and manufacture of fluidics systems and specialty-engineered products. IDEX was founded in 1987 and is based in Northbrook, Illinois.


DEAL STATS #
Overall 16 of 28
Sector: Manufacturing M&A 5 of 13
Type: Add-on Acquisition M&A Deals 14 of 25
Country: Switzerland M&A 1 of 1
Year: 2016 M&A 2 of 2
Size (of disclosed) 5 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-05 Akron Brass Co.

Wooster, Ohio, United States

Akron Brass Co. designs and manufactures products that meet the demands of the industry and help you perform your job safely and efficiently.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Hydra-Stop

Burr Ridge, Illinois, United States

Hydra-Stop manufactures specialty valves, fittings, and installation equipment serving water utility service providers and municipalities. Its products prevent water service shutdowns for municipalities and critical facilities by allowing only the affected section of a water pipe to be repaired, versus shutting down vast sections of a water system. Hydra-Stop was founded in 1980 and is based in Burr Ridge, Illinois.

Sell -

Seller(S) 3

SELLER

Capvis

Baar, Switzerland

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1990
PE ASSETS 3.9B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Capvis Equity Partners is a Swiss-based private equity firm focused on buyout, succession, and expansion investments in Switzerland, China, and Germany. Sectors of interest include Healthcare, Industrial Technology, and Advanced Services & Software. Capvis will consider both majority and minority positions. The Firm's investment horizon is four to six years. Capvis Equity Partners was formed in 1990 and is headquartered in Baar with additional offices in Germany and China.


DEAL STATS #
Overall 28 of 35
Sector: Manufacturing M&A 5 of 7
Type: Add-on Acquisition M&A Deals 12 of 16
Country: Switzerland M&A 15 of 17
Year: 2016 M&A 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-15 Hennecke

Sankt Augustin, Germany

Hennecke is a manufacturer of high-quality machinery equipment and systems for polyurethane (“PUR”) processing. Hennecke operates production sites in Germany, Italy, China, and the USA, eleven service and sales offices as well as local sales partners selling its products into more than 100 countries. Hennecke was founded in 1945 and is based in Sankt Augustin, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-26 Gotha Cosmetics

Bergamo, Italy

Gotha Cosmetics researches and creates new colouring cosmetics formulae, manufactures bulk products, industrializes new products, and offers add-on filling and packaging solutions. The company is a one-stop-shop partner for the global cosmetics industry ranging from prestige, masstige to mass-market brands. Gotha Cosmetics was founded in 2005 and is based in Bergamo, Italy.

Buy -
SELLER

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 70.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.


DEAL STATS #
Overall 49 of 97
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 24 of 47
Country: Switzerland M&A 1 of 2
Year: 2016 M&A 2 of 5
Size (of disclosed) 23 of 36
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-16 Mainio Vire Oy

Helsinki, Finland

Mainio Vire Oy is a provider of elderly care, mental health and home services in Finland. ainio Vire was one of the first private social care companies in Finland and it has grown rapidly via a combination of opening new care homes and selected small acquisitions to become one of the largest social care companies in Finland today. The company operates close to 50 care homes with almost 1,600 beds in over 50 municipalities. The company has approximately 1,000 employees, the significant majority of which have formal social or healthcare education.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 NetNames Group

London, United Kingdom

NetNames Group is a provider of global brand protection and internet domain name management services.

Sell £14M
SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 83 of 194
Sector: Manufacturing M&A 10 of 11
Type: Add-on Acquisition M&A Deals 35 of 76
Country: Switzerland M&A 2 of 8
Year: 2016 M&A 7 of 12
Size (of disclosed) 38 of 44
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-21 ECON Healthcare

Singapore, Singapore

Econ Healthcare is one of the largest elderly care service providers in the region, operating nine medicare centers and nursing homes in Singapore and two in Malaysia. The Company also owns and manages a hospital, a chain of health and wellness centers (under the ECONLIFE! Hub brand), and a care skill training center. ECON Healthcare is based in Singapore.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-09 Press Ganey

South Bend, Indiana, United States

Press Ganey is a provider of healthcare performance solutions for hospitals, healthcare and home care providers. Press Ganey utilizes patient and employee surveys to collect vast amounts of proprietary data on behalf of clients to power its industry-leading benchmarking and analytics tools and advisory services. Press Ganey was founded in 1985 and is based in South Bend, Indiana.

Buy $2.4B