M&A Deal Summary

Unidad Editoria SA Acquires Recoletos Grupo de Comunicación S.A.

On April 12, 2007, Unidad Editoria SA acquired publishing company Recoletos Grupo de Comunicación S.A. from Providence Equity Partners, Investindustrial and Alantra Private Equity for 1.1B EUR

Acquisition Highlights
  • This is Unidad Editoria SA’s 1st transaction in the Publishing sector.
  • This is Unidad Editoria SA’s largest (disclosed) transaction.
  • This is Unidad Editoria SA’s 1st transaction in Spain.

M&A Deal Summary
Date 2007-04-12
Target Recoletos Grupo de Comunicación S.A.
Sector Publishing
Buyer(s) Unidad Editoria SA
Sellers(s) Providence Equity Partners
Investindustrial
Alantra Private Equity
Deal Type Add-on Acquisition
Deal Value 1.1B EUR

Target

Recoletos Grupo de Comunicación S.A.

Madrid, Spain
Recoletos is the leading specialized publishing company in Spain. Recoletos’ titles include sports daily Marca, Spain's most read newspaper, and Expansión, Spain's leading business daily.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Unidad Editoria SA

Madrid, Spain
Category Company
Founded 1989
Sector Publishing
DESCRIPTION

Unidad Editorial S.A. offers newspaper publishing services.

DEAL STATS #
Overall 1 of 1
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Spain) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 3

SELLER

Providence Equity Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 36.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.

DEAL STATS #
Overall 15 of 100
Sector (Publishing) 1 of 2
Type (Add-on Acquisition) 6 of 40
Country (Spain) 1 of 2
Year (2007) 1 of 1
Size (of disclosed) 16 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-27 Univision

New York, New York, United States

Univision entertains, informs, and empowers U.S. Hispanics with news, sports, and entertainment content across broadcast and cable television, audio, and digital platforms. The company’s top-rated media portfolio includes the Univision and UniMás broadcast networks, as well as cable networks Galavisión and TUDN, the No. 1 Spanish-language sports network in the country. Locally, Univision owns or operates 65 television stations in major U.S. Hispanic markets and Puerto Rico. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, plus 89 affiliates, a live event series, and a robust digital audio footprint. Univision was formed in 1992 and is based in New York, New York.

Buy $13.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-10 Corporate Risk Holdings

Falls Church, Virginia, United States

Corporate Risk Holdings is an information and security services company, providing pre- and post-employment screening, national security training and other services to the public and private sectors. The company is a provider of background investigations to the U.S. federal government.

Buy $1.5B
SELLER

Investindustrial

London, United Kingdom

Investor Investor

Category Private Equity Firm
Founded 1990
PE ASSETS 11.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Investindustrial is an investment firm focused on creating global leaders through organic growth and acquisitions. The Firm is operationally driven and seeks opportunities in Southern Europe. Areas of interest include services, consumer, retail, leisure, and industrial manufacturing. Investindustrial has offices in London, Luxembourg, Milan, Lugano, Barcelona, Shanghai, and New York.

DEAL STATS #
Overall 7 of 34
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 4 of 16
Country (Spain) 3 of 13
Year (2007) 1 of 1
Size (of disclosed) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 AEB

Brescia, Italy

AEB is a provider of biotechnology solutions and process enablers for the food and beverage sector, particularly for the oenology market. AEB offers a wide range of products, allowing users to take advantage of the most innovative wine processing and treatment techniques. The result of advanced scientific and technical research, AEB products make use of unique formulations, answering in a targeted way any problem and need concerning the entire winemaking process. AEB was founded in 1963 and is based in Brescia, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-25 Panda Security S.L.

Bilbao, Spain

Panda Security S.L. is a global provider of advanced cybersecurity solutions. Panda Security offers a full portfolio of user-centric security products and services for protecting people, devices, and the networks they connect to from malicious websites, malware, spam, and other targeted attacks. With offerings for businesses and consumers alike, Panda Security offers advanced endpoint protection, sophisticated threat hunting services, and more. Designed for maximum protection with minimal complexity, the company packages its robust portfolio of security services to take the guesswork out of endpoint security.

Buy -
SELLER

Alantra Private Equity

Madrid, Spain

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1986
PE ASSETS 800M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Alantra Private Equity is a private equity firm focused on mid-sized buyout investments in Spain and Portugal. Thematic Investment approach focused in 4 sectors Food & Nutrition, Health & Wellness, Industry and TMT. Alantra Private Equity was formed in 1986 and is based in Madrid.

DEAL STATS #
Overall 11 of 39
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 2 of 16
Country (Spain) 10 of 35
Year (2007) 2 of 3
Size (of disclosed) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-13 Alcad Electronics SL

Irun, Spain

Alcad Electronics SL is engaged in the research, design, manufacture, and marketing of high-frequency products used to receive and distribute digital television signals in residential buildings. Alcad is based in Irun, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-18 ZIV Aplicaciones Y Tecnologia SL

Bizkaia, Spain

ZIV is one of the leading manufacturers, distributors and installers of safety, control, metering and telecommunications products for power utilities. ZIV’s products are critical to the proper functioning of substations and electricity networks.

Buy €23M
Mergr

Product

Company

Legal