M&A Deal Summary

Investcorp Acquires POC

On October 8, 2015, asset manager Investcorp acquired retailer POC from Clarus for 65M USD

Acquisition Highlights
  • This is Investcorp’s 9th transaction in the Retail sector.
  • This is Investcorp’s 29th largest (disclosed) transaction.
  • This is Investcorp’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2015-10-08
Target POC
Sector Retail
Buyer(s) Investcorp
Sellers(s) Clarus
Deal Type Divestiture
Deal Value 65M USD

Target

POC

Stockholm, Sweden
POC is a designer and manufacturer of protective gear for action sports athletes. POC produces and distributes to 27 countries advanced-design helmets, body armor, goggles, eyewear, gloves and apparel for action or "gravity sports," like skiing, snowboarding and cycling, with a particular emphasis on safety and protection. POC was founded in 2005 and is based in Stockholm, Sweden.

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

Investcorp

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1982
PE ASSETS 53.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.


DEAL STATS #
Overall 119 of 189
Sector: Retail M&A 9 of 10
Type: Divestiture M&A Deals 12 of 17
Country: Sweden M&A 2 of 3
Year: 2015 M&A 6 of 7
Size (of disclosed) 29 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-29 Autodistribution

Arcueil, France

Autodistribution is a distributor of car and heavy goods vehicle parts. Autodistribution was founded in 1962 and is based in Arcueil, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-05 Evoca

Milan, Italy

Evoca is a manufacturer of Hot & Cold and Snack & Food vending machines. Evoca was founded in 2000 and is based in Milan, Italy.

Sell -

Seller(S) 1

SELLER

Clarus

Salt Lake City, Utah, United States

Category Company
Founded 1991
Sector Diversified
Employees500
Revenue 264M USD (2024)
DESCRIPTION

Clarus is a holding company which seeks opportunities to acquire and grow businesses that can generate attractive shareholder returns. The Company has substantial cash balances and net operating tax loss carryforwards which it is seeking to redeploy to maximize shareholder value in a diverse array of businesses. Currently, Black Diamond Equipment, Ltd. and PIEPS GmbH are its only operating subsidiaries. Black Diamond Equipment, Ltd. is a manufacturer of active outdoor equipment and clothing for the climbing, skiing and mountain sports markets. Clarus was founded in 1991 and is based in Salt Lake City, Utah.


DEAL STATS #
Overall 2 of 2
Sector: Retail M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Sweden M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-19 Gregory Mountain Products

Salt Lake City, Utah, United States

Gregory Mountain Products LLC is a designer and manufacturers of backpacks.

Sell $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-22 Sierra Bullets

Sedalia, California, United States

Sierra Bullets LLC is a manufacturer of bullets intended for firearms. Sierra bullets are used for precision target shooting, hunting and defense purposes. Sierra Bullets was founded in 1947 and is based in Sedalia, California.

Buy $79M