M&A Deal Summary |
|
|---|---|
| Date | 2024-04-23 |
| Target | Audiotonix |
| Sector | Electronics |
| Buyer(s) |
PAI Partners
Ardian |
| Sellers(s) |
Ardian
Astorg Partners |
| Deal Type | Secondary Buyout |
| Advisor(s) | Liberty Corporate Finance PwC Corporate Finance (Financial) Macfarlanes (Legal) |
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 | 92 of 95 |
| Sector: Electronics M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 45 of 47 |
| Country: United Kingdom M&A | 15 of 15 |
| Year: 2024 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-18 |
Beautynova
Milan, Italy Beautynova is a producer of hair care products with a modern research laboratory for the formulation of innovative professional products for the hairdressing industry. High-quality products and a global assistance service covering all stages of product development, production, and distribution have made Pool Service the supplier of choice for numerous international customers of the highest standing. Beautynova is based in Milan, Italy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-27 |
M Group Services
Stevenage, United Kingdom M Group Services is a service provider to the regulated infrastructure markets in the UK and Ireland through its utilities, transport, telecom, and data divisions. The Company operates through its subsidiaries that include Morrison Utility Services, Morrison Data Services, Dyer & Butler, Magdalene, PMP Utilities and M Group Services Plant & Fleet Solutions. M Group Services was formed in 1847 and is based in Hertfordshire, England. |
Sell | - |
| 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 | 450 of 464 |
| Sector: Electronics M&A | 6 of 7 |
| Type: Secondary Buyout M&A Deals | 147 of 155 |
| Country: United Kingdom M&A | 27 of 27 |
| Year: 2024 M&A | 7 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-18 |
2i Aeroporti
Milan, Italy 2i Aeroporti is a holding company set-up to acquire and management airport and other transportation infrastructure assets. 2i Aeroporti was founded in 2010 and is based in Milan, Italy. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-06 |
UNITe
Lyon, France UNITe is an independent electricity producer and operates a portfolio of 21 hydroelectric facilities. The entity has 42 MW in installed capacity and generates 148 GWh in electricity from renewable sources. UNITe was founded in 1985 and is based in Lyon, France. |
Buy | - |
| 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 | 237 of 247 |
| Sector: Electronics M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 89 of 92 |
| Country: United Kingdom M&A | 16 of 16 |
| Year: 2024 M&A | 10 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-18 |
2i Aeroporti
Milan, Italy 2i Aeroporti is a holding company set-up to acquire and management airport and other transportation infrastructure assets. 2i Aeroporti was founded in 2010 and is based in Milan, Italy. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-06 |
UNITe
Lyon, France UNITe is an independent electricity producer and operates a portfolio of 21 hydroelectric facilities. The entity has 42 MW in installed capacity and generates 148 GWh in electricity from renewable sources. UNITe was founded in 1985 and is based in Lyon, France. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 22.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Astorg Partners is a private equity firm that targets small to midcap company investments primarily in France and to a limited extent, Western Europe. Astorg Partners looks for companies valued between €400 million and €2 billion, requiring at least €15 million in equity. Areas of interest include healthcare, retail, distribution, hospitality, and professional services. Prospective transaction situations include leverage build-ups, divestitures, family transitions, and secondary buyouts. Astorg Partners was formed in 1998 and is based in Paris and has additional offices in London and Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 35 |
| Sector: Electronics M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 21 of 22 |
| Country: United Kingdom M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-26 |
Steliau Technology
Montrouge, France Steliau Technology is a distributor of electronic components. The Company’s customer base consists of OEMs across a wide range of industries and end-markets. Steliau supports its customers through co-design and customization of components, subassembly, assembly as well as distribution of electronic solutions, notably within embedded systems, connectivity and power systems. Steliau Technology was founded in 1992 and is based in Montrouge, France. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-22 |
Hamilton Thorne
Beverly, Massachusetts, United States Hamilton Thorne designs, manufactures, and distributes precision laser devices and advanced imaging systems that reduce cost, increase productivity, improve results, and enable breakthroughs in assisted reproductive technologies (ART) and developmental biology research markets. Its laser products attach to standard inverted microscopes and operate as robotic micro-surgeons, allowing a wide array of scientific applications and IVF procedures. Its imaging systems improve outcomes in human IVF clinics and animal breeding facilities and provide high-end toxicology analyses. Hamilton Thorne is based in Beverly, Massachusetts. |
Buy | $388M |
