M&A Deal Summary |
|
|---|---|
| Date | 2017-06-28 |
| Target | Staples |
| Sector | Retail |
| Buyer(s) |
Sycamore Partners
HarbourVest Partners Essling Capital NB Private Equity Partners |
| Deal Type | Going Private |
| Deal Value | 6.9B USD |
| Advisor(s) | Barclays Investment Bank Morgan Stanley (Financial) Wilmer Cutler Pickering Hale and Dorr (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Focused |
Sycamore Partners is an opportunistic and operationally focused private equity firm that targets businesses and divisions in the consumer and retail sectors. The Firm looks to partner with management teams to improve the operating profitability and strategic value of their businesses. Sycamore was formed in 2011 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 29 |
| Sector: Retail M&A | 7 of 10 |
| Type: Going Private M&A Deals | 3 of 6 |
| State: Massachusetts M&A | 2 of 3 |
| Country: United States M&A | 12 of 25 |
| Year: 2017 M&A | 3 of 3 |
| Size (of disclosed) | 2 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-28 |
Dollar Express
Chesapeake, Virginia, United States Dollar Express is a discount general merchandise retailer currently operating over 300 stores across the US. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-06 |
Nine West Holdings
White Plains, New York, United States Nine West Holdings is a women’s footwear and denim business with a portfolio of brands that includes Nine West, Easy Spirit, Anne Klein, Gloria Vanderbilt, and l.e.i. The company is a wholesale partner to major U.S. retailers, operates over 250 branded concept stores, and has international licensing relationships with over 1,200 points of sale abroad. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 147.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 159 of 214 |
| Sector: Retail M&A | 5 of 5 |
| Type: Going Private M&A Deals | 21 of 26 |
| State: Massachusetts M&A | 8 of 10 |
| Country: United States M&A | 98 of 130 |
| Year: 2017 M&A | 7 of 16 |
| Size (of disclosed) | 9 of 61 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-20 |
Investment Metrics
Norwalk, Connecticut, United States Investment Metrics is a provider of investment performance analytics and reporting solutions for institutional consultants, asset managers, and private wealth advisors. Built by institutional investment consultants for investment professionals, the company’s solutions include PARis (performance analytics and reporting), InvestWorks (manager search and due diligence), EQuest (manager data portal), peer universe data, outsourced reporting services and InterSec Research for market intelligence. The company's solutions enable investment professionals to analyze, measure, and report client portfolios in a highly insightful, accurate, and efficient manner. Investment Metrics was formed in 2010 and is based in Norwalk, Connecticut. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-18 |
Lightower Fiber Networks
Boxborough, Massachusetts, United States Lightower Fiber Networks LLC is a fiber network and broadband service provider in the Northeast, offering over 4,600 fiber route miles coupled with comprehensive transport, alternative access, and nationwide long haul services. |
Sell | $7.1B |
Essling Capital is an asset management firm focused on investing and co-investing in private companies. The Firm's broad areas of interest includes business services, technology services, and healthcare services. Essling Capital is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 16 |
| Sector: Retail M&A | 1 of 1 |
| Type: Going Private M&A Deals | 1 of 1 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 3 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-15 |
Capitea
Wroclaw, Poland Capitea is active in debt recovery industry. Capitea acquires on its own balance sheet and on behalf of third parties, portfolios of Non-Performing Loans (“NPL”) mainly from banks, but also from telecoms and utilities. Capitea was founded in 2012 and is based in Wroclaw, Poland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-20 |
Kiloutou
Marcq-en-Baroeul, France Kiloutou is a rental company and a major player in equipment rental in France, the Kiloutou Group provides products and services to a diversified client base: public corporations, construction companies, craftsmen, municipalities, administrations, industries, service companies and SMEs. The Kiloutou group offers the widest product range on the market with more than 1,000 references: access equipment, earthmoving and construction equipment , commercial vehicles and events. Kiloutou was founded in 1980 and is based in Marcq-en-Baroeul, France. |
Buy | - |
NB Private Equity Partners is a publicly traded asset manager focused on acquiring direct investments in privately held companies. The Firm principally targets businesses in the US and looks to invest alongside other private equity managers when considering opportunities. NB Private Equity Partners is headquartered in the UK, with an additional office in the US.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 39 |
| Sector: Retail M&A | 2 of 2 |
| Type: Going Private M&A Deals | 1 of 3 |
| State: Massachusetts M&A | 2 of 2 |
| Country: United States M&A | 11 of 24 |
| Year: 2017 M&A | 4 of 7 |
| Size (of disclosed) | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-14 |
MHS
Mount Washington, Kentucky, United States MHS is a provider of e-commerce infrastructure, enabling systems automation for top logistics and e-commerce companies in the world. MHS services its customers and the parcel industry through best-in-class turnkey engineering design services, software, and equipment. MHS was founded in 1975 and is based in Mount Washington, Kentucky. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-03 |
Biolchim
Bologna, Italy Biolchim is a company focused on the production and commercialization of biostimulants, whose function is to stimulate natural processes to enhance nutrient uptake, nutrient efficiency, tolerance to abiotic stress, and crop quality in full respect of sustainable agriculture values and practices. Biolchim was founded in 1973 and is based in Bologna, Italy. |
Buy | - |