M&A Deal Summary

LBO France Acquires Polis Fondi

On May 28, 2021, asset manager LBO France acquired financial services company Polis Fondi

Acquisition Highlights
  • This is LBO France’s 1st transaction in the Financial Services sector.
  • This is LBO France’s 5th transaction in Italy.

M&A Deal Summary

Date 2021-05-28
Target Polis Fondi
Sector Financial Services
Buyer(s) LBO France
Deal Type Buyout (LBO, MBO, MBI)

Target

Polis Fondi

Milan, Italy
Polis Fondi specializes in structuring and managing real estate investment vehicles aimed at developing products whose target performance is consistent with the requirements of different types of investors, ranging from opportunistic to long-term income. Polis Fondi is based in Milan, Italy.

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Buyer(S) 1

Buyer

LBO France

Paris, France

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1985
PE ASSETS 5.4B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

LBO France is an independent private equity group focused on acquiring majority stakes in French firms, or companies with French management. LBO France manages several funds, each targeting different types of businesses. The Firm's mid-market fund looks to acquire majority or minority stakes in companies valued from €100 million to €2.5 billion. The mid-market fund generally looks at companies with predictable sales, profits and cash flow, but will also consider businesses with under-utilized assets. LBO France's small cap fund targets majority stakes in smaller, profitable businesses valued from €10 to €100 million, with strong potential for growth or consolidation. In addition to its equity funds, LBO France also invests in real estate and provides LBO loans issued by medium-sized European companies (enterprise value between €150m and €2bn). LBO France was formed in 1985 and is based in Paris.


DEAL STATS #
Overall 84 of 91
Sector: Financial Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 40 of 45
Country: Italy M&A 5 of 7
Year: 2021 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-26 Hosman

Paris, France

Hosman is a neo real estate agency offering an innovative and impeccable service to sell a property online. Hosman has succeeded in becoming the leading online real estate agency that has surpassed 3,000 properties sold (estimated savings on agency fees of €55m) and has won more than 2% of the market in Paris and the surrounding suburbs. Hosman is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-02 Voluntis

Suresnes, France

Voluntis creates digital therapeutics that empower people with chronic conditions to self-manage their treatment every day, thus improving real-world outcomes. The company's solutions, combining mobile and web apps, use clinical algorithms to deliver personalized recommendations to patients and their care teams. Leveraging its Theraxium technology platform, Voluntis has designed and operates multiple digital therapeutics, especially in oncology and diabetes. It has long-standing partnerships with leading life science companies. Voluntis was formed in 2001 and is based in Cambridge, MA, and Paris, France.

Sell -