M&A Deal Summary |
|
|---|---|
| Date | 2025-07-09 |
| Target | Alvest |
| Sector | Aerospace |
| Buyer(s) |
PAI Partners
ADIA |
| Sellers(s) |
Ardian
La Caisse |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 28.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
PAI Partners is a European private equity firm that makes controlling equity investments in buyout transactions valued in excess of €300 million. PAI is particularly interested in 'investing in consolidating sectors and in markets where growth can be sustained through economic and financial market cycles.' Sectors of interest include consumer retail, professional distribution, building materials, infrastructure and utilities, media, IT, communications, food, consumer goods, healthcare, chemicals, automotive, aeronautics, paper & packaging, electrical appliances, and household equipment (heating, air-conditioning, security). The firms invest in the range of €100 - €300 million transaction. PAI was formed in 1998 and is based in Paris with additional offices in Madrid, Milan, Munich, Luxembourg, Copenhagen, and London.
| DEAL STATS | # |
|---|---|
| Overall | 95 of 95 |
| Sector: Aerospace M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 47 of 47 |
| Country: France M&A | 42 of 42 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-14 |
Apleona
Neu-Isenburg, Germany Apleona is a real estate services provider, that operates, manage, expand and equip real estate in all asset classes, operate and maintain plant and assist customers in a whole host of industries with production and secondary processes. The Group's range of services extends from integrated facility management, building technology, and interior fittings to real-estate management with all commercial services, letting and leasing of real estate. All services are provided on a modular basis or in an integrated package. Apleona was founded in 2016 and is based in Neu-Isenburg, Germany. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-05 |
Marcolin
Longarone, Spain Marcolin is a provider in the branded eyewear sector with a portfolio comprising 16 market-leading brands and a distribution network spanning more than 80 countries. Marcolin was founded in 1961 and is based in Longarone, Spain. |
Sell | - |
| Category | Sovereign Wealth Fund |
|---|---|
| Founded | 1976 |
| PE ASSETS | 875.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund that invests the Emirate of Abu Dhabi’s surplus revenues for long-term global value creation. Its investment mandate spans a highly diversified portfolio—including equities, fixed income, private equity, real estate, infrastructure, and financial alternatives—across all major regions worldwide. ADIA was established in 1976 and is headquartered in Abu Dhabi, United Arab Emirates.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 17 |
| Sector: Aerospace M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 4 of 4 |
| Country: France M&A | 1 of 1 |
| Year: 2025 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-25 |
Hargreaves Lansdown
Bristol, United Kingdom Hargreaves Lansdown is a helper of investors to make more of their investments by providing information, service and the best prices. They are a fund supermarket, a fund manager, a discount broker, a stockbroker, a pensions specialist, an annuity specialist, a wealth manager and a financial adviser. In other words, a one-stop shop. Hargreaves Lansdown was founded in 1981 and is based in Bristol, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-21 |
Hologic
Marlborough, Massachusetts, United States Hologic is a developer, manufacturer and supplier of premium diagnostic products, medical imaging systems, and surgical products, with an emphasis on serving the healthcare needs of women throughout the world. Hologic was formed in 1985 and is based in Marlborough, Massachusetts. |
Buy | $18.3B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €1 billion per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.
| DEAL STATS | # |
|---|---|
| Overall | 245 of 247 |
| Sector: Aerospace M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 91 of 92 |
| Country: France M&A | 115 of 116 |
| Year: 2025 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-26 |
PC SOFT
Montpellier, France PC SOFT is a software company specializing in the design of professional development tools: PC, Mobile, Internet, Cloud, etc. and under all operating systems: Windows, Linux, Android, iOS, etc. PC SOFT was founded in 1984 and is based in Montpellier, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-15 |
Hill Top Energy Center
Carmichaels, Pennsylvania, United States Hill Top Energy Center is a natural gas-fired combined cycle project. The 620-megawatt natural gas-fired Hill Top Energy Center enables the energy project to sell capacity and energy to the Pennsylvania-Jersey-Maryland (PJM) regional transmission organization, the largest competitive power market in the United States. Hill Top Energy Center is based in Carmichaels, Pennsylvania. |
Sell | $1.0B |
CDPQ is a global asset management firm focused on a variety of investing strategies including fixed income, real estate, infrastructure, private equity, venture capital, and public equities. Within private equity, CDPQ looks to acquire significant minority stakes in businesses operating in a variety of sectors and seeks to commit $250 million to $1 billion per transaction. CDPQ was established in 1965 and is headquartered in Montreal, Quebec.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 21 |
| Sector: Aerospace M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 4 of 4 |
| Country: France M&A | 3 of 3 |
| Year: 2025 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-20 |
QIMA
Hong Kong, China QIMA is a provider of cloud based supply chain compliance solutions, that partners with brands, retailers and importers to secure, manage and optimize their global supply network. QIMA was founded in 2005 and is based in Hong Kong, China. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-22 |
Edify
Manly, Australia Edify is a renewable energy and storage company focused on the development and construction of new energy generation, storage, and grid infrastructure to support Australia's energy transition. The company develops a large portfolio of renewable energy and storage projects and is committed to creating and delivering innovative clean green energy solutions. It is involved in the full lifecycle of renewable energy and storage projects, including greenfield development, project structuring and financing, construction management and long-term operational asset management. Edify is based in Manly, Australia. |
Buy | - |
