M&A Deal Summary |
|
|---|---|
| Date | 2021-08-03 |
| Target | Tropicana Products |
| Sector | Beverages |
| Buyer(s) |
PAI Partners
BCI |
| Sellers(s) | PepsiCo |
| Deal Type | Divestiture |
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 | 79 of 95 |
| Sector: Beverages M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 6 of 8 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 3 of 4 |
| Year: 2021 M&A | 6 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-02 |
Scrigno
Rimini, Italy Scrigno is a manufacturer and distributor of counter-frames for pocket doors and windows worldwide. Scrigno also manufactures and distributes armored doors. Scrigno was founded in 1989 and is based in Rimini, Italy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-05 |
European Camping Group
Aix-en-Provence, France European Camping Group is a provider of holiday camping and mobile homes to customers. European Camping Group was formed in 1989 and is based in Aix-en-Provence, France. |
Buy | - |
British Columbia Investment Management Corp. (BCI) is large asset manager focused on providing investment management services to British Columbia’s public sector. The Firm looks to invest in a range of asset categories and will consider opportunities globally. BCI's private equity practice was established in 1995 and seeks leverage buyout and growth equity opportunities that include market leading companies with tangible downside protection. Portfolio companies have a sustainable competitive advantage, offer value-added products and services, and are led by talented management teams. British Columbia Investment Management Corp. is headquartered in Victoria, British Columbia.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 32 |
| Sector: Beverages M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 1 of 2 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 9 of 15 |
| Year: 2021 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-28 |
Springs Window Fashions
Middleton, Wisconsin, United States Springs Window Fashions is a manufacturer and marketer of custom and stock window coverings and drapery hardware to retail and commercial customers, as well as independent designers, franchisors, and decorators. Springs Window Fashions was founded in 1939 and is based in Middleton, Wisconsin. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-20 |
Adams Outdoor
Lansing, Michigan, United States Adams Outdoor is an outdoor and location-based advertising firm, whose goal is to form marketing partnerships with advertisers providing them with the best media strategies. Adams Outdoor was formed in 1983 and is headquartered in Lansing, Michigan. |
Buy | - |
PepsiCo is a global food and beverage company. PepsiCo's brands include Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. Through its operations, authorized bottlers, contract manufacturers and other third parties, PepsiCo makes, markets, distributes and sells a wide variety of beverages, foods and snacks. PepsiCo was founded in 1898 and is based in Purchase, New York.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Beverages M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-11 |
Rockstar Energy Beverage
Las Vegas, Nevada, United States Rockstar, Inc. is a producer of beverages specialized for active lifestyles from athletes to rock stars. Rockstar products are available in over 30 flavors at convenience and grocery outlets in over 30 countries. Rockstar was founded in 2001 and is based in Las Vegas, Nevada. |
Buy | $3.9B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-01 |
Siete Foods
Austin, Texas, United States Siete Foods is a food brand, that makes grain-free products based in Austin, Texas. |
Buy | $1.2B |