M&A Deal Summary

Teak Capital Acquires VR Group

On January 31, 2024, family office Teak Capital acquired manufacturer VR Group from Sun Capital Partners

Acquisition Highlights
  • This is Teak Capital’s 1st transaction in the Manufacturing sector.
  • This is Teak Capital’s 1st transaction in Italy.

M&A Deal Summary

Date 2024-01-31
Target VR Group
Sector Manufacturing
Buyer(s) Teak Capital
Sellers(s) Sun Capital Partners
Deal Type Secondary Buyout

Target

VR Group

Colognola Ai Colli, Italy
VR Group is a producer of washing machine windows and quality glass tableware. VR Group was founded in 1905 and is based in Colognola Ai Colli, Italy.

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Buyer(S) 1

DESCRIPTION

Teak Capital is a family-backed multi-strategy investment firm focused on a variety of investments including direct investments in companies as well as fund investments. Sectors of interest include industrial, infrastructure, healthcare, financial services, real estate, and agriculture. Teak Capital was formed in 1997 and is based in Porto, Portugal.


DEAL STATS #
Overall 4 of 4
Sector: Manufacturing M&A 1 of 1
Type: Secondary Buyout M&A Deals 2 of 2
Country: Italy M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-24 Quinta do Vallado

Peso da Régua, Portugal

Quinta do Vallado is one of the oldest and most distinguished farms in the Douro Valley, dedicated to the production, bottling and commercialization of own brand wine and to the wine tourism. Quinta do Vallado has 95ha of vineyards, producing over 25 different wines and is in the wine tourism with the Wine Hotel (Régua) and the Casa do Rio (Foz Côa). Quinta do Vallado was founded in 1716 and is based in Peso da Régua, Portugal.

Buy -

Seller(S) 1

SELLER

Sun Capital Partners

Boca Raton, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 13.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Sun Capital's corporate headquarters in Boca Raton, Florida.
Sun Capital's corporate headquarters in Boca Raton, Florida.

Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 126 of 131
Sector: Manufacturing M&A 12 of 12
Type: Secondary Buyout M&A Deals 32 of 34
Country: Italy M&A 2 of 2
Year: 2024 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-05 O&S Doors

Tyrone, United Kingdom

O&S Doors is a manufacturer and distributor of cabinet doors for kitchens, bedrooms, and bathrooms, serving the UK and Ireland markets. O&S Doors sells through a wide range of channels, including retailers, tradespeople and distributors. O&S Doors is based in Tyrone, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-30 Coal and Coke Merchants

Harrogate, United Kingdom

Coal and Coke Merchants help public and private sector businesses understand and manage their environmental risks, reducing the impact to the environment, their operation and their reputation. Coal and Coke Merchants focus on consulting, preventing and responding to your environmental risks, so you can focus on your customers. Coal and Coke Merchants was founded in 1926 and is based in Harrogate, United kingdom.

Sell -