M&A Deal Summary

Parthenon Capital and Credit Mutuel Equity Acquire abeo Management

On December 31, 2007, private equity firm Parthenon Capital and asset manager Credit Mutuel Equity acquired business services company abeo Management

Acquisition Highlights
  • This is Parthenon Capital’s 7th and Credit Mutuel Equity’s 3rd transaction in the Business Services sector.
  • This is Parthenon Capital’s 21st and Credit Mutuel Equity’s 1st transaction in the United States.
  • This is Parthenon Capital’s 3rd and Credit Mutuel Equity’s 1st transaction in Texas.

M&A Deal Summary

Date 2007-12-31
Target abeo Management
Sector Business Services
Buyer(s) Parthenon Capital
Credit Mutuel Equity
Deal Type Consolidation

Target

abeo Management

Dallas, Texas, United States
abeo Management Corp. is a provider of revenue cycle management services to the anesthesia market. abeo provides a full outsourced solution including billing, coding, collections, practice management and technology. abeo Management was founded in 2007 and is based in Dallas, Texas.

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Buyer(S) 2

Buyer

Parthenon Capital

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 5.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Parthenon Capital is a private equity firm focused on investing in service-based businesses with recurring revenues, defensible niches and competitive advantages. Parthenon looks for businesses valued between $75 and $750 million operating in sectors that include business services, financial services, manufacturing, technology-enabled services, and distribution/logistics. Prospective transaction types include recapitalizations, management buyouts, acquisitions, privatizations, and growth capital financings. Parthenon Capital was formed in 1998 and has offices in Boston, Massachusetts and San Francisco, California.


DEAL STATS #
Overall 21 of 63
Sector: Business Services M&A 7 of 15
Type: Consolidation M&A Deals 2 of 2
State: Texas M&A 3 of 7
Country: United States M&A 21 of 62
Year: 2007 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-29 Alarm Security Group

Beltsville, Maryland, United States

Alarm Security Group is a provider of security and safety solutions including video surveillance, access control, monitored fire and intrusion alarm systems to more than 110,000 customers in the commercial/industrial, government and residential market sectors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-28 Relation

Walnut Creek, California, United States

Relation is a premier insurance broker that offers superior risk-management and benefits-consulting services through its family of brands across the U.S. It is ranked by Insurance Journal within the top 45 largest agencies in the country by revenue and has nearly 500 employees in more than 30 locations nationwide. Relation was founded in 2007 and is based in Walnut Creek, California.

Buy -
Buyer
DESCRIPTION

CM-CIC Investissement is a financing and advisory group focused on supporting a variety of small to mid-sized companies operating in Western Europe. The Firm looks to fund businesses at all investment stages including venture, growth, and buyout situations. In addition to providing financing, CM-CIC also offers M&A advisory services. CM-CIC Investissement is based in Paris.


DEAL STATS #
Overall 22 of 188
Sector: Business Services M&A 3 of 11
Type: Consolidation M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-16 Blancolor

Les Angles, France

Blancolor is a French paint manufacturer specializing in BUILDING paint , the company has also been a pioneer in decorative effect paints . It currently offers a whole range of interior decoration paints under the DOMATERRA brand. Blancolor was founded in 1947 and is based in Les Angles, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Maisons Socoren

Laval, France

Maisons Socoren is a builder of traditional and wooden individual houses. Maisons Socoren was founded in 1981 and is based in Laval, France.

Buy -