M&A Deal Summary

Penta Investments Acquires Privatbanka

On February 1, 2007, private equity firm Penta Investments acquired financial services company Privatbanka from Meinl Bank AG

Acquisition Highlights
  • This is Penta Investments’ 3rd transaction in the Financial Services sector.
  • This is Penta Investments’ 18th transaction in Slovakia.

M&A Deal Summary
Date 2007-02-01
Target Privatbanka
Sector Financial Services
Buyer(s) Penta Investments
Sellers(s) Meinl Bank AG
Deal Type Divestiture

Target

Privatbanka

Bratislava, Slovakia
Privatbanka is a specializing in private and corporate banking with a presence in the Czech Republic. Privatbanka was formed in 1995 and is based in Bratislava, Slovakia.

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Buyer(S) 1

Buyer

Penta Investments

Prague, Czech Republic

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 10.4B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Penta Investments Ltd. is a private investment firm focused on private equity and real estate. firm specializing in buy-outs and start ups transactions. Penta seeks to invest across Central Europe including Slovakia, Poland, and Czechoslovakia. The Firm targets companies with an average enterprise value of €150 million. Areas of interest includes facility management, aerospace, banking, energy, engineering, entertainment, financing, food processing, healthcare, insurance, investment fund, manufacturing, metal, refinery, retail, telecommunications, textile industry, transportation, wholesale and utilities. Penta Investments Ltd. was formed in 1994 and is based in Prague.

DEAL STATS #
Overall 26 of 51
Sector (Financial Services) 3 of 4
Type (Divestiture) 2 of 6
Country (Slovakia) 18 of 25
Year (2007) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-20 Letisko Košice a.s.

Košice, Slovakia

Letisko Košice owns and operates the second largest airport in Slovakia. In 2007, the airport served more than 440,000 passengers, which is a 29% increase in comparison to 2006.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 AERO Vodochody

Odolena Voda, Czech Republic

AERO Vodochody is an aerospace manufacturer, developing, manufacturing, selling and maintaining aircraft and aerostructures for both civil and military aviation. AERO Vodochody was founded in 1919 and is based in Odolena Voda, Czech Republic.

Buy -

Seller(S) 1

SELLER

Meinl Bank AG

Vienna, Austria
Category Company
Founded 1923
Sector Financial Services
DESCRIPTION

Since its establishment in 1923, Meinl Bank has always abided by Julius Meinl’s formula for success. Our business activities reflect our sound understanding of the global economy. Professional advice and the highest quality product standards are a matter of course at Meinl Bank. Everyday, we are keen to find innovative solutions that meet the needs of our demanding investors.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Slovakia) 1 of 1
Year (2007) 1 of 1
Mergr

Product

Company

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