M&A Deal Summary

Partners Group AG Acquires Cloudflight

On November 11, 2022, asset manager Partners Group AG acquired information technology company Cloudflight from Deutsche Beteiligungs for 400M EUR

Acquisition Highlights
  • This is Partners Group AG’s 8th transaction in the Information Technology sector.
  • This is Partners Group AG’s 13th largest (disclosed) transaction.
  • This is Partners Group AG’s 5th transaction in Germany.

M&A Deal Summary

Date 2022-11-11
Target Cloudflight
Sector Information Technology
Buyer(s) Partners Group AG
Sellers(s) Deutsche Beteiligungs
Deal Type Secondary Buyout
Deal Value 400M EUR

Target

Cloudflight

Munich, Germany
Cloudflight provides scalable solutions and tailor-made software to help companies digitize their business models, processes, and products. The Company's core expertise is in software development for long-term projects, which typically requires deep expertise within fields such as the Internet of Things, cloud architecture, machine learning, and artificial intelligence. Cloudflight was founded in 2019 and is based in Munich, Germany.

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Buyer(S) 1

DESCRIPTION

Partners Group is a global investment management firm with a variety of funds and institutional clients. The Firm's direct investment group looks to invest in or acquire market leading companies with growth opportunities linked to technology. Partners is a hands-on investor and looks to actively support its portfolio companies with expansion, operational, and governance structure support. Partners Group was established in 1996 and is headquartered in Zug, Switzerland.


DEAL STATS #
Overall 85 of 88
Sector (Information Technology) 8 of 8
Type (Secondary Buyout) 49 of 52
Country (Germany) 5 of 5
Year (2022) 5 of 5
Size (of disclosed) 13 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Budderfly

Shelton, Connecticut, United States

Budderfly is a provider of guaranteed energy savings with no out-of-pocket costs for business through a unique Energy Efficiency-as-a-Service solution. Budderfly provides all the technology, 100% of the investment in efficiency upgrades, and the expertise to deliver the most energy-efficient, highest savings solution without the project risks or the frustration of competing for financial tradeoffs. Budderfly was founded in 2007 and is based in Shelton, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-07 CWP Renewables

Newcastle, Australia

CWP Renewables is a renewable energy developer and asset manager, creating sustainable solutions for local communities, globally. CWP is a renewable energy developer and asset manager with full project life-cycle expertise. The company develops utility-scale renewable energy facilities, including wind, solar, and battery projects. It manages the construction of projects, both own projects and those of third parties, and provides ongoing asset management services through project operations. CWP Renewables was formed in 2007 and is based in Newcastle, Australia.

Sell -

Seller(S) 1

SELLER

Deutsche Beteiligungs

Frankfurt, Germany

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1965
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Deutsche Beteiligungs is a publicly-traded German mid-market private equity firm focused primarily on management buyout transactions. The firm pursues companies with skilled management, strong market positions, positive earnings, and the potential to build additional value. Prospective companies typically generate annual sales of €50 to €500 million. The Firm's target transaction size ranges from €50 to €250 million. Sectors of interest include automotive supplies, fine chemicals, industrial services, logistics, machine/plant construction, and measuring/automation technology. Deutsche Beteiligungs was established in 1965 and became publicly-listed in 1985. The Firm is based in Frankfurt.


DEAL STATS #
Overall 33 of 39
Sector (Information Technology) 1 of 2
Type (Secondary Buyout) 13 of 14
Country (Germany) 27 of 32
Year (2022) 2 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 vhf

Ammerbuch, Germany

vhf develops and produces computer-controlled milling machines that are predominantly used by commercial dental laboratories – as well as dentists in their own laboratories – for making dental prostheses. vhf was founded in 1988 and is based in Ammerbuch, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-03 Heytex

Bramsche, Germany

Heytex develops and manufactures high-quality coated, calendered, and laminated textiles for various end markets. Heytex was formed in 1913 and is based in Bramsche, Germany.

Sell -