IMAP DEALBOOK 2018-2019
IMAP DEALBOOK 2018-2019 Contents
FOREWORD 6
ABOUT IMAP 8
12 18 26 36 Automotive Building Business Consumer Products Services & Retail & Services
72 84 98 104 Healthcare Industrials Materials, Real Estate Chemicals & Mining 48 52 58 64 Education Energy Financial Food & & Training & Utilities Services Beverage
110 124 Technology Transport & Logistics Jurgis V Oniunas IMAP Chairman
“Innovation and disruption remain fundamental forces of change in almost every area of business and society and are certainly a key consideration in today’s and future M&A and PE transactions.” 7 Foreword
Following a strong year for M&A in 2018, make a significant advance in the presence in which IMAP closed 208 transactions and image of IMAP in these major European worth over $10.bn, and with the promise of markets. In March, we were then joined by a coordinated global growth scenario, the Invest Corporate Finance, our exclusive prognosis for 2019 was more of the same. partner in Portugal. A strong addition to However, 1Q 2019 saw the peak of the global our Iberian team, they will pay a pivotal role growth story and since then there has been as a conduit for Portuguese investments what seems to be a cyclical slowing of GDP throughout Europe and the world. growth worldwide, especially in industrial and manufacturing sectors. Ongoing trade war This year, we also announced the launch rhetoric, tensions within the EU, including of IMAP China, an international team that an unresolved Brexit situation, and other specializes in mid-market Chinese outbound geopolitical tensions obviously do not M&A transactions, another step in our strategy enhance the deal-making environment. to better service our IMAP partners and adapt quickly to changes in the Chinese market. Despite this, IMAP began the year with the same momentum as it saw in 2018 Following a strong 2019 to date, we and closed more deals in 1H 2019 than in remain optimistic about deal activity going the same period in 2018, with 102 M&A forward. Horizontal industry consolidation, transactions worth over $3.5bn. The succession, international expansion, growth strongest out of the 15 sectors covered by strategy execution and PE exits continue to IMAP were Technology, Consumer & Retail drive M&A activity. Innovation and disruption and Healthcare, which together accounted remain fundamental forces of change in for 46% of the total deals closed. almost every area of business and society and are certainly a key consideration in In 2019, we have further strengthened IMAP’s today’s and future M&A and PE transactions. international footprint, with the addition of As mentioned last year, we are living in one 2 new partners. In January, we welcomed of the most exciting periods of change in Degroof Petercam Investment Banking human history and at IMAP, I am proud to (DPIB), as our exclusive partner in Belgium say, we have just the right team and energy and France and co-partner in Spain. This is a to guide our clients through the turbulent major development for IMAP, one which will times ahead.
8 About IMAP
About IMAP
Founded in 1973, IMAP is one of DEALS BY SECTOR 2016-2018 the first and worldwide leading organizations for Mergers & Acquisitions. IMAP is located in 42 Automotive 3% countries with more than 450 M&A professionals organized in international Building Products sector teams. 3% & Services 8% Transportation & Logistics IMAP is specialized in the sale and the acquisition of companies, as well as 17% 22 17 strategic corporate finance advisory. 49 Business Technology 7% IMAP customers are primarily family- 102 Services 43 owned, mid-sized companies, but also 4% include large international corporations, Consumer as well as family offices and financial Real Estate 22 & Retail 12% 74 investors. 5% 31 Education & Training 2% IMAP advisors successfully execute Materials, 10 over 200 transactions per annum with Chemicals & Mining 28 Energy 85 5% a transaction volume of approximately 14% 26 & Utilities $10 billion. Industrials 52 51 Financial Services 4%
8% Food & Beverage 8% Healthcare
DEALS BY REGION 2016-2018
Asia, Middle East & Africa 7%
42 Latin America 12% 75
37% 227 USA & Canada 7% Western 40 Europe
Nordics 12% 74
36 118 UK & Ireland 6% 19% Central & Eastern Europe
9
IMAP Global Presence
42 450+ COUNTRIES PROFESSIONALS
Argentina I Belgium I Bosnia & Herzegovina I Brazil I Canada I Chile I China I Colombia I Croatia I Czech Republic I Democratic Republic of Congo I Egypt I Finland I France I Germany I Ghana I Hungary I India I Ireland I Italy I Ivory Coast I Japan I Mauritius I Mexico I Morocco I Netherlands I Nigeria I Norway I Peru I Poland I Portugal I Russia I Senegal I Serbia I Slovakia I Slovenia I South Africa I Spain I Sweden I Turkey I United Kingdom I United States
Automotive 12 Automotive
Mutares AG TQ Automotive Rhiag S.p.A., part of SAG/Autonet Group Listed industrial holding Automotive solution LKQ Corporation Automotive spare parts company provider Leading distributor of SWITZERLAND GERMANY GERMANY automotive spare parts ITALY Acquired Majority Control Acquired 100% of Acquired 100% of of Business Operations Business Operations Business Operations Acquired 100% of Business Operations Wagen International Kirchhoff GmbH & GPS TUNER Kft. d.o.o Co. KG Provider of bike and Sim Impex d.o.o. Leader in automotive Manufacturer of e-bike navigation Distributor of automotive aftermarket distribution automotive locking solutions spare parts SERBIA systems HUNGARY BOSNIA AND GERMANY HERZEGOVINA Advised on Sale of Advised on Sale of Company Advised on Sale of Company Advised on Sale of Company Company Advised Wagen TQ-Systems GmbH of International, a fast-growing Listed industrial holding Germany acquired the Rhiag, part of LKQ market leader in the company Mutares acquired entire share capital of GPS Corporation, acquired Sim automotive aftermarket Kirchhoff, a manufacturer of Tuner Kft, a Budapest- Impex, a leading wholesaler distribution in Serbia, on the automotive locking systems based navigation software and retailer of automotive sale of a majority interest to and hinges. publisher. spare parts and equipment SAG/Autonet Group. for passengers and light commercial vehicles in Bosnia and Herzegovina. Rhiag is a leading European distributor of aftermarket spare parts for passenger cars and commercial vehicles in the independent aftermarket segment. 13
Vara Maskinimport
Hedef Filo Yönetimi Zoeller – Kipper Vara Maskinimport AB IDB Invest - Operational fleet leasing GmbH Machine importer Interamerican company Special vehicles and SWEDEN Development Bank TURKEY equipment for waste Development financing management Acquired Majority Control UNITED STATES Acquired 100% of GERMANY of Business Operations Business Operations Provided Term Loan Acquired Majority Control Ottosson Truck AB Facility Alfa Filo of Business Operations Exclusive reseller of Fleet leasing company Hyundai forklifts in Finanzauto S.A. TURKEY FEG Brivio S.p.A. Sweden Automotive leasing Special vehicles and SWEDEN company Advised on Purchase of equipment for waste COLOMBIA Company collection Advised on Sale of ITALY Company Advised on Placement Advised Hedef Filo, one of Debt of the largest operational Advised on Sale of Vara Maskinimport, a Company fleet leasing companies in Swedish machine importer, IDB Invest, a member Turkey with 28,000 vehicles, acquired Ottosson Truck, of the Inter-American on its acquisition of Alfa Advises the shareholders the exclusive reseller of Development Bank (IDB) Filo, a leading fleet leasing of FEG Brivio, a supplier of Hyundai forklifts in Sweden. Group, provided a $15 company in Turkey. special vehicles for waste million loan to Finanzauto collection, on the sale of to expand its financing shares to Zoeller - Kipper, offer to micro, small and one of the leading suppliers medium enterprises of of lift systems and waste various economic sectors collection vehicles in in Colombia where vehicles Europe. are a work asset. 14 Automotive
Automobielbedrijf Stern Groep Dubbelsteyn
Vink & Evag Autobedrijf Autobedrijven Jer De Fonkert
DEG / KfW Stern Groep N.V. Automobielbedrijf Development finance Leading mobility and Dubbelsteyn B.V. institutions for private automotive group BWM car dealer companies NETHERLANDS NETHERLANDS GERMANY Acquired 100% of Acquired 100% of Provided Term Loan Business Operations Business Operations Facility Vink & Evag Autobedrijf Jer De Finanzauto S.A. Autobedrijven Fonkert Automotive leasing Automotive dealer Dubbelsteyn B.V. company NETHERLANDS BMW car dealer COLOMBIA NETHERLANDS Advised on Sale of Advised on Placement Company Advised on Purchase of of Debt Company Advised Schakel Autogroep German development on the sale of car dealer Automobielbedrijf finance institution DEG/ Vink & Evag Autobedrijven Dubbelsteyn acquired KfW provided a $20 to Stern Autogroep. the entire share capital of million loan to Finanzauto Autobedrijf Jer De Fonkert, a to expand its financing used and new car dealer. offer to micro, small and medium enterprises of various economic sectors in Colombia where vehicles are a work asset.
Building Products & Services 18 Building Products & Services
Beijerinvest Volati CID Capital Convergint Family owned investment Industrial conglomerate Private equity fund Technologies company SWEDEN UNITED STATES Designs, installs, and SWEDEN services building systems Acquired 100% of Acquired Majority Control UNITED STATES Acquired Majority Control Business Operations of Business Operations of Business Operations Acquired 100% of Stenentreprenader i ProSource Supply Business Operations Räckesbutiken Hessleholm Value-add plumbing Sweden AB Leading natural stone supplies distributor SI Technologies, Inc. Manufacturer of glass contractor in Sweden UNITED STATES Builds and maintains railings and handrails SWEDEN integrated security SWEDEN Advised on Sale of systems Advised on Sale of Company UNITED STATES Advised on Sale of Company Company Advised ProSource Supply, Advised on Sale of Company Advised Stenentreprenader, a plumbing and heating Advised Räckesbutiken one of the major natural equipment and supplies Sweden, a manufacturer of stone contractors in merchant wholesaler, on its Advised SI Technologies, a customized glass railings Sweden, on its sale to the sale to CID Capital. leading security systems for balconies, terraces and industrial group Volati. integrator focused indoor environments on its exclusively on solutions sale to Beijerinvest. for commercial and government customers on its acquisition by Convergint Technologies, a global, service-based systems integrator that designs, installs, and services integrated building systems, in more than 80 locations across four continents. 19
Private Buyer
Barrette Outdoor Kansai Nerolac Paints Private Buyer Cyprium Partners Living Limited Private buyer PE firm Vinyl, wood and One of the largest paint BELGIUM UNITED STATES aluminum fencing companies in India UNITED STATES INDIA Acquired 100% of Management Buyout Business Operations Acquired 100% of Acquired 100% of Arbor Contract Carpet Business Operations Business Operations Nidaplast Floor coverings for Production of building multifamily units Mid Atlantic Vinyl Perma Construction materials UNITED STATES Products Aids Private FRANCE Extrudes, manufactures Manufacturer of Advised on Sale of and distributes vinyl construction chemicals Advised on Sale of Company fence/rail INDIA Company UNITED STATES Advised floor covering Advised on Sale of Nidaplast, a building and company Arbor Contract Advised on Purchase of Company construction material Carpet on a management Company company, was acquired by a buyout supported by a Advised manufacturer of private buyer. non-control investment Advised Barrette Outdoor construction chemicals of preferred stock and Living, manufacturer of Perma Construction, on subordinated debt from building supply and outdoor its sale to Kansai Nerolac Cyprium Partners. living products, on the Paints, one of the largest acquisition of Mid Atlantic paint companies in India. Vinyl Products, an extruder and manufacturer of vinyl fencing and railing. 20 Building Products & Services
MAAS Undisclosed Profilzentrum Investor
MAAS Profile
MAAS Profilzentrum EQOS Energie Undisclosed Investor J.R. Hobbs GmbH Provider of complex PORTUGAL Design-build and plan to Manufacturer of metal technical infrastructure specification mechanical profiles for roofs and solutions Provided Term Loan systems facades GERMANY Facility UNITED STATES GERMANY Acquired 100% of Grupo Casais Acquired 100% of Acquired 100% of Business Operations Conglomerate primarily Business Operations Business Operations focused on engineering Bilfinger FRB and construction MAI Mechanical MAAS Profile GmbH Overhead power line PORTUGAL Plumbing and mechanical Manufacturer of metal construction specialist subcontractor profiles for roofs and GERMANY Advised on Placement UNITED STATES facades of Debt GERMANY Advised on Sale of Advised on Sale of Company Company Engineering and Advised on Sale of construction company Company Advised the internationally Grupo Casais secured €18.5 Mai Mechanical, a leading industrial services million in funding through a mechanical contractor The business operations of provider Bilfinger SE on the corporate bond issue. providing plumbing MAAS Profile GmbH were sale of shares in its two and HVAC installation, sold to the newly founded subsidiaries for overhead maintenance and service MAAS Profilzentrum GmbH power line construction, solutions, was acquired by as part of insolvency Bilfinger FRB GmbH and J.R. Hobbs. proceedings. Bilfinger FRB, to Triton portfolio company EQOS Energie, one of Europe’s leading providers in the field of sophisticated technical infrastructures. 21
Mark III Sanghi Properties Infrastructure
Sumitomo Forestry Sumitomo Forestry Mangrove Equity and Chettinad Cement America America Hunter Equity Corporation US subsidiary of US subsidiary of Private equity firm Cement and cement Japanese wood products Japanese forest products UNITED STATES related products company company manufacturer UNITED STATES UNITED STATES Acquired Majority Control INDIA of Business Operations Acquired Majority Control Acquired 100% of Acquired 100% of of Business Operations Business Operations R.C. Rasmussen Corp. Business Operations Supplier of marine Mark III Properties, Crescent products Sanghi Infrastructure LLC Communities, LLC UNITED STATES MP Limited Property management Residential and Company implementing a UNITED STATES commercial builder Advised on Sale of cement project UNITED STATES Company INDIA Advised on Purchase of Company Advised on Purchase of Advised R.C. Rasmussen Advised on Sale of Company Corporation, a leading Company Advised Sumitomo Forestry supplier of marine products, America on the acquisition Advised Sumitomo on an investment in the Advised Sanghi of Mark III Properties, a Forestry America on the business by Mangrove Infrastucture, an industrial Clearwater-based residential acquisition of residential Equity Partners and real estate and cement property manager. and commercial builder Hunter Equity Capital. RC projects developer, on Crescent Communities. Rasmussen is a Seattle- its sale to Chettinad based company that rents Cement Corporation, one and sells heavy equipment of India’s leading cement used in marine-related manufacturers. construction. 22 Building Products & Services
Investors & Management
Investors & Biamp Systems Management Designs and Investor group manufactures audio GERMANY systems UNITED STATES Acquired the Business Activities of Acquired 100% of Business Operations BEMO Systems Engineering GmbH Cambridge Sound Specialist in the planning Management Holdings and manufacturing of Develops sound masking roof and facade systems systems GERMANY UNITED STATES
Advised on Sale of Advised on Sale of Company Company
Advised MAAS Group as Advised Cambridge Sound part of their insolvency Management, the world’s proceedings on the sale largest provider of sound of its subsidiary BEMO masking technology, on Systems Engineering, a its sale to Biamp Systems, specialist in the planning a portfolio company of and manufacturing Highlander Partners. of systems and roof superstructures made of various metals.
Business Services 26 Business Services
Olympia Eigen Beheer
Daal Entities
NES Global Talent Olympia Eigen Beheer The Power of Talent The Riverside White collar workforce Ap BV Ltd Company specialist Business services Investment fund Global private equity firm UNITED STATES NETHERLANDS UNITED KINGDOM UNITED STATES
Acquired 100% of Acquired 100% of Acquired 100% of Acquired 100% of Business Operations Business Operations Business Operations Business Operations
Bedrock Petroleum Daal Entitities Harvey Nash Group National Monitoring Consultants Temporary employment plc Center Energy-focused agencies Global technology Provider of customer employment solutions NETHERLANDS recruitment and service provider outsourcing group UNITED STATES UNITED STATES Advised on Sale of UNITED KINGDOM Company Advised on Sale of Advised on Sale of Advised on Sale of Company Company Olympia Eigen Beheer Company acquired temporary Advised National Monitoring Advised Bedrock Petroleum employment agency UK-based IT staffing firm Center on its sale to PE firm Consultants, a leading Daal Entitities from HR Harvey Nash was acquired The Riverside Company. provider of contract consulting company by The Power of Talent, a personnel to the oil and gas Concept Holding. newly incorporated entity industry, on its sale to NES indirectly owned and Global Talent. controlled by investment funds controlled and managed by DBAY Advisors Limited. 27
Firefly Candid Group B.V. Candid Group B.V. Silva International Private equity firm Media, marketing and Media, marketing and Private equity investment UNITED STATES communication agencies communication agencies firm network network UNITED KINGDOM Acquired Majority Control NETHERLANDS NETHERLANDS of Business Operations Acquired 100% of Shares Acquired 100% of Acquired 100% of EOS Worldwide Business Operations Business Operations Electric Word plc Provides training and Sports news, information tools for business Digital Agency Group Daily Dialogues and analysis group coaches B.V. Online marketing services UNITED KINGDOM UNITED STATES Online marketing services NETHERLANDS NETHERLANDS Advised on Sale of Advised on Sale of Advised on Purchase of Company Company Advised on Purchase of Company Company Advised Electric Word, a The Firefly Group acquired Advised Candid Group, an sports news, information software published EOS Advised Candid Group, an integrated communications and analysis group, on Worldwide. integrated communications services provider and the its sale to private equity services provider and the largest independent media invesmtment firm Silva largest independent media group in The Netherlands, International. group in The Netherlands, on the acquisition of on the acquisition of Digital Daily Dialogues, an online Agency Group, an online marketing services provider. marketing services provider. 28 Business Services
Publiroute
JCDecaux Belgium SA Mondo Inc VLTAVA LABE MEDIA Elis SA Outdoor advertising Media publisher a.s. International multi- company (Belgium SERBIA Media company (print service provider division) magazines and online) FRANCE BELGIUM Acquired 100% of CZECH REPUBLIC Business Operations Acquired 100% of Acquired Majority Control Acquired Selected Assets Business Operations of Business Operations TVC Hungary Kft of Seller’s Business (KLASIK TV) Blesk InCare Publiroute NV Cable TV channel Tarsago Ceska Mat rental and laundry Family-run billboard HUNGARY republika, s.r.o. services provider company Leading print magazine in RUSSIA BELGIUM Advised on Sale of hobby and garden Company CZECH REPUBLIC Advised on Sale of Advised on Sale of Company Company Advised cable TV channel Advised on Sale of KLASIK TV on its sale to Company Elis, a global multi-service JCDecaux Street Furniture, technology group Mondo. provider, offering textile, a unit of outdoor street Advised Tarsago Ceska hygiene and facility services furniture company Republika, a leading print solutions, acquired mat JCDecaux, acquired magazine in the home and rental and laundry services a majority interest in garden segment, on its sale provider Blesk InCare. Publiroute, a family run to media company Vltava billboard and outdoor Labe Media. display company. 29
Ufenau Capital Culligan International Tepe Servis Acuity Inc. Partners Water treatment products Integrated facility Private equity firm that Financial investor UNITED STATES management company invests in the lower SWITZERLAND TURKEY middle market Acquired 100% of UNITED STATES Acquired a Majority of Business Operations Acquired 100% of Business Operations Acquired 100% of KRUPPERT Group Aqua Vital Business Operations Linen rental services Water dispenser rental Adonis GERMANY for commercial clients Distributor of industrial Sterling Card GERMANY cleaning supplies and Solutions Advised on Sale of chemicals Digital printer of gift Company Advised on Sale of TURKEY cards Company UNITED STATES Advised on Sale of Ufenau Capital Partners, Company Advised on Sale of acquired linen and laundry Advised shareholders Company operator Kruppert. of Aqua Vital Group, the German market leader for Advised Adonis, a distributor drinking water dispensers of industrial cleaning Advised Sterling Card in the commercial sector, supplies and chemicals Solutions, a leading on its sale to US-based on its sale to Tepe Servis, manufacturer of custom Culligan, the leading an integrated facilities plastic card printing international provider of management company. solutions for various water treatment solutions. industries, including gift cards, hotel key cards, ID cards and phone cards on its acquisition by PE firm Acuity. 30 Business Services
Flexidoc
FLEXIDOC OMNIA Partners Polskie ePlatnosci Vaporco BV Printing solutions GPO in procurement Cashless payments Holding company provider and supply chain services provider NETHERLANDS CZECH REPUBLIC management POLAND UNITED STATES Acquired Majority Control Acquired Selected Assets Acquired 100% of of Business Operations of Seller’s Business Acquired Majority Control Business Operations of Business Operations Immolab BV STAND CZ spol. s r.o. PayUp Polska S.A. Bacteriological and Printing solutions Communities Program Payment solutions for chemical examination of provider Management, LLC businesses air and water CZECH REPUBLIC National government POLAND NETHERLANDS purchasing cooperative Advised on Purchase of UNITED STATES Advised on Sale of Advised on Sale of Company Company Company Advised on Sale of Advised Flexidoc on the Subsidiary Centrum Rozliczen Advised Immolab, a acquisition of STAND CZ, an Elektronicznych Polskie company that specializes office and printing solutions Advised TapRoot Partners ePlatnosci acquired the in bacteriological, chemical services company. on the sale of its subsidiary entire share capital of and physical examination of Communities Program PayUp Polska, a provider of water and air installations, Management, the data processing and hosting on its sale to an investment organization that staffs services. holding company. and manages operations for the U.S. Communities Government Purchasing Alliance, to OMNIA Partners, a portfolio company of TA Associates. 31
Meridian Waste Oxford Financial AUCTUS Folmer Equity Fund II Provider of waste Group, Ltd. Private equity firm Private equity firm collection services Investment management GERMANY FINLAND UNITED STATES firm with ~$24 billion under advisement Acquired Majority Control Acquired Majority Control Acquired 100% of UNITED STATES of Business Operations of Business Operations Business Operations Acquired 100% of Team Electric Europlan Knoxville Landfills Business Operations Companies Engineering Oy Provider of landfill Electrical turnkey projects Project management services Innovative for marine industry company within marine UNITED STATES Displayworks, Inc. FINLAND industry Wholesale provider of FINLAND Advised on Sale of custom refrigeration Advised on Sale of Company and point of purchase Company Advised on Sale of displays Company Advised Knoxville Landfills, UNITED STATES Auctus Capital Partners operator of a long-term, high acquired Team Electric, Folmer Equity Fund II Advised on Purchase of capacity construction and an Inga-based electrical Ky acquired Europlan Company debris landfill on its sale to contractor, in a leveraged Engineering, a provider Meridian Waste. buyout transaction. of technical consulting Advised Oxford Financial services. Group on the acquisition of Innovative DisplayWorks, a wholesale provider specializing in display equipment. 32 Business Services
ÅF AB FAM Foerderanlagen Leading Nordic player in Magdeburg industrial engineering Materials handling SWEDEN systems GERMANY Acquired 100% of Business Operations Acquired 100% of Business Operations Profil-Bau Industrial Electric, automation ECOSOIL Industrie and mechanical design Services solutions Repair and maintenance FINLAND of open pit mining equipment Advised on Sale of GERMANY Company Advised on Sale of Industrial engineering Company company AF of Sweden acquired the entire share Conveyor systems specialist capital of electrical FAM acquired the industrial contractor Profil-Bau services activities of Industrial. ECOSOIL Group, a portfolio company of Endurance Capital, a German holding company focused on small and medium sized enterprises. ECOSOIL is one of Germany’s leading companies in the field of soil- and surface- remediation.
Consumer & Retail 36 Consumer & Retail
Torquest Partners Grupo Rey Cigierre Sanki Shoji Co., Ltd. Manager of private equity Operator of supermarkets Italian restaurant chain Designs, imports and funds and pharmacies ITALY sells fashion products CANADA PANAMA JAPAN Acquired Majority Control Acquired 100% of Acquired 100% of of Business Operations Acquired 100% of Business Operations Business Operations Business Operations Temakinho S.r.l. Rubicon Pharmacies Tiendas de Leading casual dining Memo’s Co., Ltd. Canada Inc. Conveniencia S.A restaurant chain Imports Italian fashion, Operator of retail Network of convenience ITALY clothing and wine pharmacies stores JAPAN CANADA PANAMA Advised on Sale of Company Advised on Purchase of Advised on Sale of Advised on Sale of Company Company Company Advised restaurant operator Temakinho on its sale to Advised Italian fashion Advised Rubicon Advised Grupo Tagarópulos, Cigierre. goods importer SANKI Pharmacies on transaction a Panamanian family SHOJI on its acquisition of with TorQuest Partners. investment group on the Italian food and products Rubicon Pharmacies sale of ZAZ Food Stores importer Memo’s. owns and operates 67 and Bannaba Coffee to pharmacies across Grupo Rey. Grupo Rey was Alberta, Saskatchewan later acquired by Ecuadorian and Manitoba, primarily conglomerate Corporación located in rural towns and Favorita. neighborhood communities of larger urban centers. 37
Colombian Banks
Bancolombia, Banco Summit Park Eurocash S.A. Luxottica Group de Bogotá, Itaú Private investment Polish FMCG wholesale Worldwide leader in Corpbanca, Banco de firm focused on middle distributor eyewear manufacturing Occidente, Davivienda market POLAND ITALY and GNB Sudameris UNITED STATES Banks Acquired 100% of Acquired 100% of Recapitalized Business Operations Business Operations COLOMBIA
Provided Term Loan Fast Growing Trees Mila Barberini S.p.A. Facility Online provider of hybrid Poland-based Production of optical trees and plants supermarket chain glass lenses Almacenes La 14 / UNITED STATES POLAND ITALY Calima Desarrollos Advised on Sale of Advised on Purchase of Advised on Sale of Inmobiliarios Company Company Company Consumer retail COLOMBIA Advised Fast Growing Trees, Advised retail and consumer Barberini, the world’s Advised on Restructuring a leading online provider of goods holding group leading optical sunglass Financial Obligations hybrid trees and plants sold Eurocash on the acquisition lens manufacturer was directly to the consumer, of supermarket chain Mila. acquired by Luxottica Group, on its recapitalization by the worldwide leader in Advised consumer retail Summit Park, a Charlotte- the design, manufacture group Almacenes La 14 on based private investment and distribution of fashion, the restructuring of its debt firm. luxury and sports eyewear. obligations. 38 Consumer & Retail
Family Office
Family Office Quest Products, Inc. Medifarma S.A. Abris Capital Partners Goldrichtig CPG and e-commerce Peruvian pharmaceutical Private equity fund Family office services company group manager GERMANY UNITED STATES PERU POLAND
Acquired Majority Control Acquired Majority of Acquired Selected Assets Acquired a Majority of Business Operations of Seller’s Business Stake in Clinere Products Inc Mayer-Kuvert- Designer of ear-cleaning Gents and ZenSex Velvet CARE network GmbH products condom brands Leader in CEE hygienic Largest European UNITED STATES Two leading condom paper products market manufacturer of brands POLAND envelopes Advised on Purchase of PERU GERMANY Company Advised on Sale of Advised on Sale of Company Advised on Sale of Advised Quest Products, a Assets Company leading consumer packaged Advised on the sale of a goods and e-commerce Pharmaceutical group majority stake in Velvet Mayer-Kuvert-network, services company, on Medifarma acquired the CARE, Poland’s leading the largest European the acquisition of Clinere Gents and ZenSex condoms manufacturer of personal manufacturer of envelopes, Products, a leading designer business from Drokasa. care products, to Abris expanded its group of and provider of top selling, Capital Partners. shareholders in the course patent-protected ear wax of a capital increase to removal tools. include a German family office. 39
STROH und Soehne
Cyril & Metodej
Sodalis Group Detska galaxie s.r.o. CMPC Tissue - Softys STROH und Soehne Personal care and home (AGS 92 Group) Holding company of s.r.o. care products Leading CEE baby CMPC (hygiene and Holding company ITALY and toddler products personal care products) CZECH REPUBLIC wholeseller CHILE Acquired 100% of CZECH REPUBLIC Acquired 100% of Business Operations Acquired 100% of Business Operations Acquired 100% of Business Operations Deborah Group Business Operations Cyril & Metodej, s.r.o. Leading player in makeup Papelera Specialized e-shop with products Feedo Spolka z o.o. Panamericana S.A. anti-allergy goods ITALY Baby and toddler Regional producer of CZECH REPUBLIC products online retailer paper tissue Advised on Purchase of POLAND PERU Advised on Sale of Company Company Advised on Purchase of Advised on Sale of Company Company Advised Sodalis on the STROH und Soehne acquisition of Deborah aquired Cyril & Metodej, a Group, a leading player in Advised Detska galaxie Advised Papeleria specialized online retailer the makeup and cosmetics (AGS 92 Group), a leading Panamericana, the market of anti-allergy and health space. CEE baby and toddler leader of paper tissue products. products wholesaler on the products in southern Peru, acquisition of Feedo Spolka, on its sale to CMPC holding an infant products online company Softys. retailer. 40 Consumer & Retail
Surya Group
A3 Retail
Hartenberg Capital, Lifco AB Surya Group BT8 S.A. s.r.o. Industrial conglomerate Consumer goods Argentine retailer of Private equity fund SWEDEN wholesale and sporting goods CZECH REPUBLIC distribution ARGENTINA Acquired Majority Control UNITED ARAB Acquired Majority Control of Business Operations EMIRATES Acquired 100% of of Business Operations Business Operations Wexman AB Acquired 100% of ASTRATEX s.r.o. Producer of workwear for Business Operations NS3.COM The leading CEE online professional use Argentine subsidiary of underwear retailer SWEDEN A3 Retail Group LLC Netshoes Brazil (sporting CZECH REPUBLIC Sporting goods retail goods ecommerce) Advised on Sale of chain ARGENTINA Advised on Sale of Company RUSSIA Company Advised on Sale of Advised on Sale of Company Lifco acquired a majority Company Hartenberg Capital acquired interest in Wexman, a a majority interest in online producer of workwear for Sporting goods retailer BT8 retailer ASTRATEX. professional use. Surya Group, a consumer acquired online sporting goods wholesaler and goods retailer NS3 Internet distributer from the UAE, from Netshoes. acquired the Superdry sports store chain of A3 Retail Group, a Moscow- based sports clothing merchant wholesaler. 41
Kensuke Konaka
Samantha Thavasa
CDRL S.A. Kensuke Konaka Njord Partners Ambienta Clothing for children and CEO & Representative Private equity focused Private equity fund youth Director of Konaka Co., on special situation ITALY POLAND Ltd. investments JAPAN UNITED KINGDOM Acquired 100% of Acquired Majority Control Business Operations of Business Operations Acquired Investment Acquired Majority Control Interest in Seller’s of Business Operations AromataGroup S.r.l. West Ost Union Business Flavors and colors for Clothing for children and Lanificio Fratelli F&B sector youth Samantha Thavasa Cerruti Shareholders ITALY BELARUS Designs, makes and sells Italian leader in textile fashion products industry Advised on Purchase of Advised on Purchase of JAPAN ITALY Company Company Advised on Purchase of Advised on Sale of Advised PE fund Ambienta Company Company CDRL of Poland acquired SGR on the acquisition a majority interest in of AromataGroup, a West Ost Union, a Minsk- Kensuke Konaka acquired a Lanificio Fratelli Cerruti, a manufacturer of flavors and based children’s clothing minority stake in Samantha leading Italian group in the colorings for the food and retailer, from the UK Thavasa, a manufacturer of textile sector sold a majority beverage sector. state-owned European women’s handbags. stake to UK PE firm Njord Bank for Reconstruction & Partners. Development. 42 Consumer & Retail
Investor Group
Dunavox
Sodalis Group Group of investors Sievi Capital Oyj and Global Partner Personal care and home Group of strategic and Investor Consortium Acquisition Corp. care products financial investors PEG / Investor SPAC ITALY HUNGARY consortium UNITED STATES FINLAND Acquired Majority Control Acquired 100% of Acquired Majority Control of Business Operations Business Operations Acquired 100% of of Business Operations Business Operations Esi s.r.l. Dunavox Kft. Purple Innovation Food supplements and Producer and wholesaler/ Indoor Group Mattress and cushion nutraceuticals retailer of wine coolers Largest furniture retailer technology ITALY HUNGARY in Finland UNITED STATES FINLAND Advised on Sale of Advised on Sale of Advised on Sale of Company Company Advised on Purchase of Company Company Advised the shareholders An investor group acquired Advised Purple Innovation, of Esi, an Italian leading Dunavox Kft, a refrigeration Advised private equity a comfort technology company in the food equipment and wine cooler firm Sievi Capital and a company known for supplement and wholesaler. consortium of investors creating the “World’s First nutraceutical sector, on the on the purchase of Indoor No Pressure Mattress,” on sale of a stake of its share Group, Finland’s leading its sale to Global Partner capital to Sodalis Group. home furniture and interior Acquisition Corp., a special furnishing retailer. purpose acquisition company. 43
Elbrus Capital Fund Torquest Partners Telewizja Polsat Sp. Telewizja Polsat Sp. Leading PE fund Canadian private equity z o.o. z o.o. RUSSIA firm Commercial TV Commercial TV CANADA broadcaster broadcaster Acquired Entire Share POLAND POLAND Capital Acquired Majority Control of Business Operations Acquired Majority Control Acquired 100% of Westwing Russia OOO of Business Operations Business Operations Miscellaneous Prepac Manufacturing homefurnishings stores Ltd Eleven Sports Superstacja RUSSIA Furniture designer, Network Commercial TV manufacturer and drop- Commercial TV broadcaster Advised on Sale of shipper broadcaster POLAND Company CANADA POLAND Advised on Purchase of Elbrus Capital acquired Advised on Sale of Advised on Purchase of Company Company home furnishings retailer Company Westwing Russia in Advised commercial TV a leveraged buyout Advised Prepac, a designer Advised commercial TV broadcaster Telewizja transaction. and manufacturer of broadcaster Telewizja Polsat on the acquisition of affordable, high-quality Polsat on the acquisition of Superstacja. ready-to-assemble furniture Eleven Sports Network. sold through online retailers across North America, on its sale to TorQuest Partners. 44 Consumer & Retail
Biskupství plzenské
Solitaire
Hyper Pet LLC KDDI Corporation Chartered Financial Biskupství plzenské Developer of innovative Fortune Global 500 Management ARC Pilsen diocese, Czech and interactive pet company and one Asset reconstruction Catholic Church products of Asia’s largest company CZECH REPUBLIC UNITED STATES telecommunication INDIA providers Acquired 100% of Acquired 100% of JAPAN Acquired 100% of Business Operations Business Operations Business Operations Acquired Majority Control SOLITAIRE s.r.o. OurPet’s Company of Business Operations Viceroy Hotels Short-term accomodation Leading proprietary pet Limited provider supply company KCJ Group (KidZania Owner of two hotels CZECH REPUBLIC UNITED STATES Japan) operated by Marriot Operator of experiential INDIA Advised on Purchase of Advised on Sale of learning centers Company Company JAPAN Advised on Sale of Company Advised Biskupství plzenské, Advised on Sale of a Pilsen diocese, on the Advised OurPet’s Company, Company designer and producer of Advised Viceroy Hotels acquisition of the entire a broad line of innovative, Limited, owner of two hotels share capital of Solitaire, high-quality accessory and Advised KCJ Group, operated by Marriot, on its a Pilsen-based hotel consumable pet products operator of KidZania sale to asset reconstructing operator and short-term on its sale to Hyper Pet, an experiential learning centers company Chartered accomodation provider with industry-leading toy, treat, in Japan, on the sale of a Financial Management. 470 beds. and leash and collar lifestyle majority stake to KDDI. pet company. 45
Baltissimmo
Anima Care
Baltissimmo NV Subsidiary of PE firm Baltisse NV BELGIUM
Acquired 100% of Business Operations
Anima Vera Residential care centre with 102 beds BELGIUM
Advised on Sale of Company
Advised Anima Care on the sale of Anima Vera, a residential home and eldery care center, to PE firm Baltissimmo.
Education & Training 48 Education & Training
Kodukai
For Kids
Colibri Group Barbri, Inc. LCI Éducation Kokudai Group Online education Provider of legal Leading worldwide Private preparatory company education education network school operators UNITED STATES UNITED STATES CANADA JAPAN
Acquired 100% of Acquired 100% of Acquired Majority Control Acquired 100% of Business Operations Business Operations of Business Operations Business Operations
Allied Business The Center for Legal HEM S.A. For Kids Schools Studies Leading Moroccan Kindergarten Online career training Provider of affordable business school JAPAN school legal education MOROCCO UNITED STATES UNITED STATES Matched Buyer and Advised on Sale of Seller Advised on Sale of Advised on Sale of Company Company Company Kodudai Group, a Advised on the sale of firm operating private Advised Allied Business Advised The Center for an 85% stake in HEM preparatory schools, Schools, a leader in online Legal Studies, a provider to LCI Education, based acquired For Kids, a real estate certification of online and classroom in Montreal. HEM is kindergarten. education, on its acquisition legal education through a the number one private by Colibri Group, a portfolio network of 200 colleges and business management company of Quad-C universities across the US, school in Morocco. Management. on its acquisition by Leeds Equity Partners’ portfolio company, Barbi. 49
Norlandia Care Group New Harbor Capital WorldStrides Somos Operações Norwegian care services Private equity firm Operator of an Escolares provider with activities in UNITED STATES educational student Brazil’s largest basic Europe travel company education company NORWAY Acquired Majority Control UNITED STATES BRAZIL of Business Operations Acquired 100% of Acquired 100% of Acquired 100% of Business Operations Blueprint Test Business Operations Business Operations Preparation LLC Kinderopvang Bimbola Online LSAT test prep Envision Escola Santi B.V. courseware Educational summer Traditional K-8 school Dutch childcare service UNITED STATES enrichment programs with 700 students provider UNITED STATES BRAZIL NETHERLANDS Advised on Sale of Company Advised on Sale of Advised on Sale of Advised on Sale of Company Company Company New Harbor Capital acquired Blueprint Test Advised Envision Advised Escola Santi, Stichting Bimbola sold Preparation, the premier Experience, the nation’s a traditional K-8 school its subsidiary company LSAT test preparation leading provider of career with 700 students, on its Childcare Bimbola, a Dutch provider in the US. exploration and leadership sale to Somos Operações childcare service provider, programs, on its acquisition Escolares, Brazil’s largest to Norlandia, a Norwegian by WorldStrides, the largest basic education company. care services provider with experiential learning and activities across Europe. study abroad company in Bimbola provides childcare the US. services from 19 locations in Rotterdam.
Energy & Utilities 52 Energy & Utilities
Gas Concessions Gas Distributors
Rokstad Holdings Italgas Italgas Hearthstone Utilities, Corporation Italian leader and third in Italian leader and third in Inc. Holding company of the Europe in gas distribution Europe in gas distribution Natural gas local Rokstad family ITALY ITALY distribution company CANADA UNITED STATES Acquired 100% of Acquired Majority Control Acquired 100% of Business Operations of Business Operations Acquired 100% of Business Operations Business Operations 19 Gas Distribution European Gas Rokstad Power Concessions Network, Naturgas, Sycamore Gas, Inc. Corporation Natural gas distribution Fontenergia Natural gas local Power line construction ITALY Distribution of natural distribution company and maintenance gas and LPG UNITED STATES services Advised on Purchase of ITALY CANADA Company Advised on Sale of Advised on Purchase of Company Advised on Purchase of Company Advised Italgas, Italian Company leader and third player Advised Sycamore Gas, a in Europe in the gas Advised Italgas, Italian natural gas distributor, on its Rokstad Family acquired distribution business, leader and third player sale to Hearthstone Utilities, the remaining 60% interest, on the acquisition of in Europe in the gas a unit of Global Energy & which it did not already 19 concessions for the distribution business, on Power Infrastructure Fund. own, in Rokstad Power distribution of gas and over the acquisition of European Corp, a provider of power 50,000 redelivery points Gas Network, Naturgas and line construction and concentrated in Southern Fontenergia, companies maintenance services. Italy. involved in the distribution of natural gas in Sicily, Calabria and Campania and LPG in Sardinia. 53
Auras de Guijo and Aura de Agudo
Secretaría Distrital de Satori Capital, LLC Reden Solar Albireo Energy Hacienda de Bogotá Private equity firm Major developer of Holding company Local Government UNITED STATES photovoltaic projects focused on automation COLOMBIA FRANCE solutions Acquired a Majority UNITED STATES Sold a Minority Equity Stake in Acquired 100% of Stake of Business Operations Acquired 100% of Purple Land Business Operations Grupo de Energía de Management Auras de Guijo and Bogotá Land management for oil Aura de Agudo Taylor Consulting & Energy transmission companies 2 solar farms with 2.8 Contracting and distribution UNITED STATES MW installed capacity Renewable and energy (power and gas) SPAIN efficiency services COLOMBIA Advised on Sale of UNITED STATES Company Advised on Acquisition Advised on Sale of Equity Advised on Sale of Company Advised Purple Land Advised REDEN Solar, a Advised the District of Management, a provider of solar IPP from France and Bogotá on the sale of a land management services one of Europe’s leading Advised Taylor Consulting minority equity stake of for oil companies on the independent producers of and Contracting, a Grupo Energia de Bogota sale of a majority stake photovoltaic power, on the provider of innovative and through a secondary in the company to Satori acquisition of 2 solar farms customized management placement. The offering Capital. in Spain, with an installed and optimization solutions was made on the local capacity of 2.8 MW. to the energy marketplace, market as well as to US on its sale to energy based qualified investors management company through 144A/RegS. Albireo Energy. 54 Energy & Utilities
Clean Sustainable Shell Energy Spain, S.L Multi-national oil and gas Sustainable and company renewable energy NETHERLANDS investment company SPAIN Acquired Majority Control of Business Operations Acquired a 12MW Power Cogeneration Plant from GI Energy Provider of on-site Iparlat distributed energy Dairy producer solutions SPAIN UNITED STATES
Advised Iparlat on Sale Advised on Sale of of Assets Company
Advised Iparlat Group in Rilette Springs, a unit of relation to the sale process Royal Dutch Shell, acquired to Clean Sustainable an undisclosed majority Energy Spain of a 12 MW interest in GI Endurant, a Power Cogeneration Plant, Chicago-based provider of belonging to its ESNELAT engineering services. production plant.
Financial Services 58 Financial Services
Cyfrowy Polsat S.A. iA Financial Group Irish Life (Great-West Ersel Investimenti Largest Polish media Insurance and wealth LifeCo.) S.p.A. and telecommunications management Insurance, pensions and Private banking and asset group CANADA investment management management boutique POLAND CANADA ITALY Acquired 100% of Acquired 100% of Business Operations Acquired Majority Control Acquired Majority Control Business Operations of Business Operations of Business Operations PPI Management Inc VINDIX S.A. Insurance marketing Invesco Ltd (Ireland) Banca Albertini SYZ Privately-held debt CANADA Pensions consultancy S.p.A. collection company and wealth management Private banking services POLAND Advised on Sale of services ITALY Company IRELAND Advised on Purchase of Advised on Sale of Company iA Financial Group acquired Advised on Sale of Company Company PPI Management, one Media and telecom group of the largest managing Advised Financière SYZ Cyfrowy Polsat acquired general agencies supporting Irish Life Group, a unit of on the sale of a majority debt-collecting agency independent advisors in Canada Life, agreed to position in private banking Vindix. Canada with specialized acquire an undisclosed organization Banca Albertini tools and knowledge majority interest in Invesco, SYZ to Ersel Investimenti. including actuarial, tax and a Dublin-based investment expertise in the design and advisor. customization of insurance products. 59
Attestor Capital BPER Banca S.p.A. - Cerberus Capital Dendro Capital Investment manager Banca Popolare Management Search fund UNITED KINGDOM Listed Italian-based Leading PE fund MEXICO commercial banks UNITED STATES Acquired Majority Control ITALY Acquired Majority Control of Business Operations Acquired Majority Control of Business Operations Acquired a 39.99% Stake of Business Operations Banca Intermobiliare Tecnología en Private banking and asset Arca Holding S.p.A. Officine CST S.p.A. Cuentas por Cobrar management Leading Italian asset Credit management on Master servicer and bond ITALY management company behalf of banks administrator ITALY ITALY MEXICO Advised on Purchase of Company Advised on Sale of Advised on Purchase of Advised on Sale of Company Company Company Advised investment managment company Provided assistance to Advised Cerberus Capital Dendro Capital, acquired Attestor Capital on the Banca Popolare di Vicenza Management, a leading Tecnología en Cuentas por purchase of Banca S.p.A. in L.C.A. and to private equity firm, on the Cobrar, the leading master Intermobiliare, a Veneto Banca S.p.A. in acquisition of a majority servicing company in the private bank and asset L.C.A. in the disposal to stake in Officine CST, a Mexican public and private management firm. BPER Banca S.p.A. and to company specialized in structured finance market. Banca Popolare di Sondrio the management of non- S.c.p.A. of a total stake of performing loans. 39.99% in the capital of Arca Holding S.p.A., leading Italian asset management company, active in private banking and asset management, which also holds the entire capital of Arca Fondi SGR. 60 Financial Services
Investor Group Investor Group
Investor group Investor group Micro-finance and Micro-finance and development finance development finance institutions institutions SWITZERLAND SWITZERLAND
Provided Term Loan Provided Term Loan Facility Facility
Letshego Holdings Platinum Credit Limited Limited Micro-finance holding Provision of loans to company employed individuals BOTSWANA KENYA
Advised on Placement Advised on Placement of Debt of Debt
A group of European micro- A group of European micro- finance and development finance and development finance institutions provided finance institutions provided funding to Botswanan funding to Kenyan loan micro-finance holding provider Platinum Credit company Letshego. Limited.
Food & Beverage 64 Food & Beverage
Crich Zerbinati Pastificio Rana S.p.A. Casalasco Italian player in sweet Market leader of ready-to- Production of fresh pasta Italian leading group in and savory bakery eat dishes and sauces the production of tomato industry ITALY ITALY sauce ITALY ITALY Acquired Selected Assets Acquired Selected Assets Acquired 100% of of Seller’s Business from Nestlè Italiana Acquired Majority Control Business Operations of Business Operations Centrale del Latte Buitoni Piovesana Biscotti d’Italia Chilled pasta and sauces Societa Alimentari Production of biscuits Ready-to-eat vegetables ITALY Carmagnolese and crackers business unit of Centrale Distribution of tomato ITALY del Latte d’Italia Advised on Sale of sauce products ITALY Company ITALY Advised on Purchase of Company Advised on Purchase of Advised Nestlè Italiana on Advised on Purchase of Company Company the sale of its fresh pasta Nuova Industria Biscotti production line Buitoni to acquired Piovesana Biscotti, Zerbinati, Italian leader in Pastificio Rana. Consorzio Casalasco del a manufacturer of cookies the market of ready-to-eat Pomodoro acquired a and crackers. vegetables, soups and 65% interest in Societa plates, acquired the ready- Alimentari Carmagnolese, to-eat vegetables business a manufacturer of canned of Centrale del Latte d’Italia. fruits and vegetables. 65
Henwood Thirty Three
Ergon Capital Céréa Partenaire Rieker Investment AG Henwood Thirty Three Management SA French private equity firm Family office Ltd Lower mid-market private FRANCE SWITZERLAND Food and trading equity UNITED KINGDOM ITALY Acquired 100% of Acquired Majority Control Business Operations of Business Operations Acquired 100% of Acquired Majority Control Business Operations of Business Operations Monviso S.p.A. PROHOGA Group Leading player in the Premium food retailer for Keen Meadows Dolciaria Acquaviva Italian bakery industry the HoReCa industry Holding Ltd S.p.A. ITALY GERMANY Food company Frozen baked goods UNITED KINGDOM ITALY Advised on Sale of Advised on Sale of Company Company Advised on Purchase of Advised on Purchase of Company Company Céréa Partenaire acquired Advised the shareholders Monviso, leader in the Italian of PROHOGA Group, a Henwood Thirty Three Advised PE firm Ergon bakery industry. food wholesaler focused acquired the entire share Capital Management on the on the HoReCa sector in capital of specialty food purchase of frozen baked Southwest Germany on the retailer Keen Meadows. goods company Dolciaria sale to Rieker Investment. Acquaviva. 66 Food & Beverage
Quench (Aquaventure Guzman Gastronomia Mitsui & Co., Ltd Huitai Investment Holdings) Subsidiary of Bidfood One of the largest ‘sogo Group Co., Ltd. Global provider of water- Worldwide foodservice shosha’ in Japan Industrial conglomerate as-a-service solutions company JAPAN CHINA UNITED STATES SPAIN Acquired Investment Acquired 100% of Acquired Selected Assets Acquired 100% of Interest in Seller’s Business Operations of Seller’s Business Business Operations Business Bröderna Hanssons i WA-2 Water Company Igartza Food Service Zalar Holding Göteborg Export Ltd Distribution of fresh Leading Moroccan Processing and Water filtration and and frozen products to integrated poultry distribution of fresh fish coffee services HoReCa sector operator and seafood CANADA SPAIN MOROCCO SWEDEN
Advised on Sale of Advised on Purchase of Advised on Advised on Sale of Company Company Recapitalization of Company Company
Advised WA-2, Western Bidcorp Spain - Guzman Huitai Investment of Canada’s leader in home Gastronomia acquired Diversified investment China acquired the entire and office water filtration Igartza Food Service, a company Mitsui & Co. made share capital of Broderna and an emerging player fish and seafood an investment in Moroccan Hanssons i Göteborg in the office coffee space wholesaler. Guzman agribusiness company Zalar Export, a Gothenburg-based on the sale of its Water Gastronomia, based in Holding. fishing establishment. Division to Quench, a Barcelona, produces and multinational provider of wholesales fresh fruit water-as-a-service solutions and vegetables, gourmet to approximately 40,000 products and frozen food. institutional and commercial customers. 67
Private Investor
Colussi S.p.A. Foley’s Candies Ltd. HH Sheikh White Bridge Production of bakery, Manufacturer of fine Mohammed Bin Investments pasta and other food quality chocolate Khalifa Al-Thani Investment company products CANADA Member of the ruling ITALY ITALY familiy of Qatar Acquired 100% of QATAR Acquired Majority Control Acquired Majority Control Business Operations of Business Operations of Business Operations Acquired 100% of Brockmann’s Business Operations Nutkao La Suissa S.r.l. Chocolates Inc. Producer of private label Chocolate producer Manufacturer of fine Galler hazelnut spreads ITALY quality chocolate Chocolate confectionery ITALY CANADA manufacturer Advised on Sale of BELGIUM Advised on Sale of Company Advised on Sale of Company Company Advised Both Parties on Colussi acquired an 80% Transaction White Bridge Investments interest in La Suissa, a Foley’s Candies, a unit of acquired an 80% interest manufacturer of chocolate Yellow Point Equity Partners, Sheikh Hamad bin Khalifa in Nutkao, a manufacturer and confectionery, from Alto acquired Brockmann’s al Thani of Qatar acquired of chocolate and Partners SGR. Chocolates, a manufacturer an undisclosed majority confectionery. of fine chocolate and interest in Galler Holding, a confectionery. manufacturer of chocolate and confectionery. 68 Food & Beverage
STOCK SPIRITS Agrokasa - Sociedad Jupiter Marketing FIPAR-Holding GROUP PLC Agricola Drokasa Limited Subsidiary of CDG Group Leading spirits business Leading agricultural International fresh (largest Moroccan in CEE with 45 brands company in Peru produce grower and institutional investor) UNITED KINGDOM PERU distributor MOROCCO UNITED KINGDOM Acquired 100% of Acquired Selected Assets Acquired Investment Business Operations of Seller’s Business Acquired 100% of Interest in Seller’s Business Operations Business BARTIDA s.r.o. Assets of Agricola High-end on-trade spirits Valle del Sol Cool Fresh Les Domaines Zniber business 256 hectares International B.V. Second largest CZECH REPUBLIC PERU Fresh produce trading agricultural group in company Morocco Advised on Sale of Advised on Sale of NETHERLANDS MOROCCO Company Company Advised on Sale of Advised on Equity Capital Raising Stock Spirits Group Advised Agricola Valle Company acquired Bartida, a premium del Sol on the sale of 256 alcoholic beverages retailer. agricultural hectares to Advised Cool Fresh Fipar-Holding, a subsidiary Agrokasa, one of the leading International on its sale of investor CDG Group, agricultural groups in Peru. to Jupiter Group in a made an investment in Les cross-border transaction. Domaines Zniber, Morocco’s Cool Fresh is a Dutch 2nd largest agricultural fresh produce marketing group. company that specializes in combining local European products with off-season produce from around the world. The company handles 10 million cartons of fresh produce every year, reaching clients in over 50 countries. 69
Ferme Agropastorale Jambo
Trust Merchant Bank S.A. Independent commercial bank DEMOCRATIC REPUBLIC OF CONGO
Provided Capital Expansion Funding
Ferme Agropastorale Jambo SARL Vertically integrated maize farming business DEMOCRATIC REPUBLIC OF CONGO
Advised on Placement of Debt
Trust Merchant Bank provided expansion funding to maize farming business Ferme Agropastorale Jambo.
Healthcare 72 Healthcare
ELI Global 21Invest Milliken & Company, Revenio Group Provider of information Private equity fund Inc. Corporation and service management FRANCE Manufacturer of Devices for the detection UNITED STATES chemicals and industrial of eye diseases Acquired Majority Control supplies FINLAND Acquired 100% of of Business Operations UNITED STATES Business Operations Acquired 100% of Landanger Acquired 100% of Business Operations HME Specialists Production and Business Operations Medical equipment and distribution of surgical CenterVue SpA supplies provider instruments Andover Healthcare, Medical devices for UNITED STATES FRANCE Inc. ocular pathologies Manufacturer of cohesive ITALY Advised on Sale of Advised on Purchase of bandages and tapes Company Company UNITED STATES Advised on Sale of Company Advised HME Specialists, Advised Private Equity Advised on Sale of a medical equipment and Group 21Invest on the Company Advised the shareholders supplies provider, on its sale purchase of The Landanger of CenterVue, a leading to ELI Global. Group, a manufacturer Advised Andover Healthcare, supplier of medical devices and distributer of surgical a leading manufacturer for the diagnosis and instruments for which it also of high-quality, patent- management of ocular offers maintenance services protected healthcare pathologies, on the sale of with a presence in nearly 60 products, including its share capital to Revenio countries. wound care dressings, Group Corporation. cohesive bandages and medical tapes, serving the healthcare, animal health and sports medicine end markets, on its acquisition by Milliken & Co., a global innovation company that brings textiles to the healthcare market. 73
Mectra Labs
Key Surgical, Inc. OneMed Group (3i Permira Advisers LLP Champlain Capital Provides sterile O.R. Group) UK-based private equity PE fund investing in and surgical instrument Leading North European firm small and mid-market supplies importer of healthcare UNITED KINGDOM companies UNITED STATES products UNITED STATES FINLAND Acquired Majority Control Acquired 100% of of Business Operations Acquired 100% of Business Operations Acquired 100% of Business Operations Business Operations Corin Group Mectra Labs Leading group in the Pelton Shepherd Leading provider of Megra Oy orthopaedic industry Oldest manufacturer of disposable products for Healthcare reseller ITALY gel ice in USA the O.R. FINLAND UNITED STATES UNITED STATES Advised on Purchase of Advised on Sale of Company Advised on Sale of Advised on Sale of Company Company Company Permira Advisers OneMed acquired the entire acquired a 50% interest Advised Pelton Shepherd Key Surgical acquired share capital of Megra, a in Corin Orthopaedics, a Industries, the oldest Mectra Labs, a leading Helsinki-based medical manufacturer of surgical manufacturer of gel ice provider of disposable equipment and supplies appliances and supplies. pack refrigerants in the operating room products. merchant wholesaler. US on its acquisition by Champlain Capital. 74 Healthcare
Avante Health Cortec Group Covalon Technologies Vyaire Medical Inc. Solutions PE firm focused on Ltd. Respiratory care Complete life-cycle consumer products Researches, develops, UNITED STATES of solutions in the UNITED STATES and commercializes new healthcare market healthcare technologies Acquired Majority Control UNITED STATES Acquired 100% of CANADA of Business Operations Business Operations Acquired 100% of Acquired 100% of Revolutionary Medical Business Operations Aspen Medical Business Operations Devices, Inc Products, Inc. Innovative products for Equipment Designs and develops AquaGuard airway management Maintenance upper and lower spinal Specializes in infection UNITED STATES Solutions orthotics protection products Maintenance and repair UNITED STATES UNITED STATES Advised on Sale of for CT/MRI systems Company UNITED STATES Advised on Sale of Advised on Purchase of Company Company Advised Revolutionary Advised on Sale of Medical Devices, a maker Company Advised Aspen Medical Advised Covalon of innovate products for Products on its Technologies on airway management, on Avante Health Solutions recapitalization by Cortec its acquisition of its sale to Vyaire Medical, acquired Equipment Group. Aspen Medical AquaGuard. Covalon the healthcare industry’s Maintenance Solutions, Products is a leading researches, develops dedicated “breathing a medical equipment designer and manufacturer and commercializes new company”. and supplies merchant of upper and lower spinal healthcare technologies. wholesaler. bracing products. AquaGuard is a medical technology business that specializes in infection protection products that protect surgical incisions, IV sites, catheters and other dressings from water and moisture while a patient showers. 75
The Tranzonic Group Smart Applications AMN Healthcare DW Healthcare Manufacturer and International Services Partners distributor of industrial ICT solutions provider Healthcare workforce PE firm focused on supplies KENYA solutions and staffing healthcare UNITED STATES services CANADA Acquired 100% of UNITED STATES Acquired 100% of Business Operations Acquired Investment Business Operations Acquired 100% of Interest in Seller’s MediSmart Business Operations Business Acute Care Information management Pharmaceutical and claims submission Phillips, DiPisa & Aequor Healthcare Healthcare distributor SOUTH AFRICA Associates Healthcare personnel UNITED STATES Healthcare executive provider Advised on Sale of search and interim UNITED STATES Advised on Sale of Company management Company UNITED STATES Advised on Sale of Company Smart Applications Advised on Sale of Advised Acute Care International, a Kenyan Company Pharmaceuticals, a company committed to Canadian healthcare private healthcare distributor, on delivering technology- equity firm DW Healthcare its sale to The Tranzonic driven secure healthcare AMN Healthcare Services Partners acquired an Group, a manufacturer solutions, acquired acquired Phillips DiPisa & investment interest and distributor of industrial MediSmart. Associates, a provider of in Aequor Healthcare supplies. executive search services. Services, a healthcare Concurrently, AMN acquired personnel provider that Leaders For Today. specializes in staffing physicians, therapists, nurses, technologists and related professionals. 76 Healthcare
Euroapteek/ Piramal Enterprise Strides Pharma União Quimica Euroapotheca Group Diversified healthcare Science Ltd Leading Brazilian Pharmacy operator INDIA Vertically integrated pharmaceutical company ESTONIA global pharma company BRAZIL Acquired Digeplex Brand INDIA Acquired 100% of from Acquired 100% of Business Operations Acquired 100% of Business Operations Shreya Lifesciences Business Operations Yliopiston Apteekki in Private Limited Zoetis’ Guarulhos Estonia Pharmaceutical company Vivimed Lifesciences Manufacturing Facility Pharmacy operator INDIA Limited Leading global animal ESTONIA Pharma formulation health company Advised on Sale of manufacturing BRAZIL Advised on Sale of Digiplex INDIA Company Advised on Sale of Phamaceutical Piramal Enterprise, in Advised on Sale of Company Manufacturing Facility Euroapteek/Euroapotheca diversified healthcare, Group, a pharmacy operator, acquired the Digeplex acquired Yliopiston line of gastrointestinal Advised Vivimed Labs, a Advised Zoetis, the world’s Apteekki’s Estonian medicines from Shreya Chennai-based company largest animal health Pharmacy Operations, Lifesciences Private Limited, engaged in pharma company, on the sale another pharmacy operator. a pharmaceutical company. formulation manufacturing of its pharmaceutical for the US, on its sale to manufacturing facility Strides Pharma Science in Guarulhos to União Limited (Strides). Quimica, Brazil’s leading pharmaceutical company. 77
Undisclosed CRSG Buyer Deutschland
Dental Clinics
Undisclosed Buyer CRSG Deutschland Affidea Diagnosztika Garofalo Health Care Veterinary products GmbH Kft. Leading private clinics manufacturer and Financial investor Provider of healthcare group distributor GERMANY diagnostic imaging ITALY HUNGARY services Acquired 100% of HUNGARY Acquired 100% of Acquired Selected Assets Business Operations Business Operations of Seller’s Business Acquired 100% of Dental Clinics Business Operations Poliambulatorio Dalla Chemor Kft. Multiple dentists Rosa Prati Apiary pharmaceuticals throughout Germany Fonix-Med Zrt. Diagnostic center producer GERMANY Corporate healthcare ITALY HUNGARY and outpatient services Advised on Purchase of provider Advised on Sale of Advised on Sale of Company HUNGARY Company Company Advised on Purchase of Leading private clinic Advised financial investor Company Advised apiary CRSG Deutschland on the operator Garofalo pharmaceuticals producer acquisition of several dental Health Care, acquired Chemor on its sale to an clinics throughout Germany. Fonix-Med, a corporate Poliambulatorio Dalla Rosa undisclosed veterinary healthcare and outpatient Prati, a diagnostic imaging products manufacturer and service provider, was center operator. distributor. acquired by Affidea Diagnosztika, a healthcare diagnostic imaging services provider. 78 Healthcare
Institutional Investors
CareTech Holdings Institutional Investors DNA Capital France Thermes Plc PORTUGAL Private equity fund Thermal resort group Social care and support BRAZIL FRANCE services Provided Term Loan UNITED KINGDOM Facility Acquired Majority Control Acquired 100% of of Business Operations Business Operations Acquired 100% of José de Mello Saúde Business Operations S.A. Grupo Santa Celina Compagnie de Vichy Largest private Integrated health Hydrotherapy, hotels and Cambian Group healthcare provider in management company bottled water Specialist behavioral Portugal BRAZIL FRANCE health services for PORTUGAL children Advised on Sale of Advised on Sale of UNITED KINGDOM Advised on Bond Issue Company Company
Advised on Purchase of Portuguese healthcare Advised Saude Santa Celina Advised Compagnie Company group José de Mello Saúde Assistencia Medica, a Sao de Vichy on its sale closed a bond issue of €35 Paulo-based provider of to France Thermes, a Advised social care and million. ambulatory integrated group specializing in the support services provider health care services, on the development and operation CareTech on the acquisition sale of a majority stake to of thermal resorts and of Cambian Group, a PE firm DNA Capital. tourist establishments. specialist provider of behavioral health services for children. 79
Dishman Carbogen South Shore Health Fast Pace Urgent Care Frontage Laboratories Amcis System Operator of urgent health Full service contract Contract research and Not-for-profit charitable care and primary care research organization manufacturing partner health system clinics UNITED STATES INDIA UNITED STATES UNITED STATES Acquired 100% of Established JV for Indian Acquired 100% of Acquired Majority Control Business Operations disinfectant business Business Operations of Business Operations Concord Biosciences Eurolife Healthcare Health Express Calcasieu Urgent Contract research Specialty Franchise provider, walk- Care, LLC organization pharmaceuticals in urgent care Walk in urgent medical UNITED STATES INDIA UNITED STATES clinic UNITED STATES Advised on Sale of Advised on JV Formation Advised on Sale of Company Company Advised on Sale of Company Dishman Carbogen Amcis Advised Concord signed a JV with Eurolife Advised Health Express, the Biosciences, a leading Healthcare. largest urgent care provider Advised Calcasieu Urgent contract research in the Boston metro area, Care on its acquisition by organization that provides on its acquisition by South Fast Pace Urgent Care. pre-clinical drug safety and Shore Health System. metabolism, bioanalytical and agrichemical services, on its sale to Frontage Labs. 80 Healthcare
Sotera Health Biogroup-LCD Biogroup-LCD Biogroup LCD Integrated global health France-based network of France-based network of France-based network of services medical and biological medical and biological medical and biological UNITED STATES laboratories laboratories laboratories FRANCE FRANCE FRANCE Acquired Majority Control of Business Operations Acquired 100% of Acquired 100% of Acquired 100% of Business Operations Business Operations Business Operations Gibraltar Laboratories Pharma and medical BioArcades Bioesterel Biomag device outsourced testing Network of medical and Network of medical and Medical and biological UNITED STATES biology laboratories biology laboratories analysis laboratories FRANCE FRANCE FRANCE Advised on Sale of Company Advised on Purchase of Advised on Purchase of Advised on Purchase of Company Company Company Sotera Health acquired Gibraltar Laboratories, a Advised Biogroup LCD on Advised Biogroup LCD on Advised Biogroup LCD on provider of biotechnology the acquisition of medical the acquisition of medical the acquisition of medical research and development laboratory operator laboratory operator laboratory operator Biomag. services. BioArcades. Bioesterel. 81
Tentamus Analytics NuVasive Gmbh Surgical devices for Provides analytical treatment of spine testing services for disorders pharma sector UNITED STATES GERMANY Acquired Acquired Majority Control of Business Operations Safe Passage Neuromonitoring Megsan Labs Patient monitoring Analytical testing and medical scanning services services INDIA UNITED STATES
Advised on Sale of Advised on Sale of Company Company
Advised analytical Advised Safe Passage, laboratory testing company a leading provider Megsan Labs on its sale to of intraoperative German pharmaceutical neurophysiological testing company Tentamus monitoring (IONM) and Analytics. Electroencephalography (EEG) services to surgeons and healthcare facilities across the eastern United States, on its sale to NuVasive.
Industrials 84 Industrials
Rettig ICC Dumaco Holding II BGH Edelstahlwerke Aceros LST Family held investment B.V. GmbH Wholesale of steel company Metal processing and Manufacturer of stainless products FINLAND construction steel and nickel alloys SPAIN NETHERLANDS GERMANY Acquired 100% of Acquired 100% of Business Operations Acquired 100% of Acquired 100% of Business Operations Business Operations Business Operations Sigarth AB Laser Bidez, S.L. Manufacturer of radiator Blokland Comercial Arrate, S.A. Laser cutting company brackets Metaalbewerking B.V. Distribution and SPAIN SWEDEN Ferrous and non-ferrous commercialization of semi-fabricated products steel for tools Advised on Sale of Advised on Sale of NETHERLANDS SPAIN Company Company Advised on Sale of Advised on Sale of Advised Laser Bidez, a Company Advised Midway Holding Company specialist laser cutting on the sale of Sigarth, a company with facilities in market leader in radiator Advised sheet metal Advised the shareholders Bilbao on its sale to Aceros suspension systems and machining company of Comercial Arrate, a LST, a steel products accessories, to Rettig ICC, Blokland Metaalbewerking tool steel wholesaler with wholesaler. Europe’s leading supplier of on its sale to competitor 70 years of experience, heat emitters. Dumaco. on the inclusion of BGH Edelstahlwerke, a leading German industrial group, as a strategic partner. 85
Undisclosed Creditors
Weland AB Allied International Felss Group Undisclosed Creditors Manufacturer of Company active in the Cold forming technology staircases, railings and distribution of fittings and automotive ITALY grating products ITALY components SWEDEN GERMANY Restructured Financial Acquired 100% of Agreements with Acquired 100% of Business Operations Acquired 100% of Business Operations Business Operations Sofinter S.p.A. Industria Meccanica Design and production of Rotage AB Bassi Luigi HMP industrial boilers Metal products sub- Company active in the Cold forming and rolling ITALY contractor production of fittings machine tools and SWEDEN ITALY components Advised on Debt GERMANY Restructring Advised on Sale of Advised on Sale of Company Advised on Sale of Company Advised Sofinter, a leading Company group in the design and Advised Rotagegruppen, Allied International acquired construction of industrial a leading Swedish the entire share capital of The shareholders of HMP boilers, on the definition of a contract manufacturer Industria Meccanica Bassi group (Heinrich Müller new financial recovery plan offering services such as Luigi, a manufacturer of Pforzheim), Dr. Bernhard and in the negotiation of laser cutting, punching, fabricated pipes and pipe and Dr. Frank Müller, sold the terms and conditions of bending, assembly and fittings. their shares in the two HMP a restructuring agreement surface treatment, on companies Heinrich Müller with the creditor banks of its sale to Weland, also Maschinenfabrik and HMP a total debt of circa €540 one of Sweden’s largest Umformtechnik GmbH million. sheet metal contracting to the Felss group. The manufacturers. combination strengthens the market position of both companies in the area of cold forming technology for light-weight parts for automotive OEM’s and Tier 1 suppliers. 86 Industrials
Undisclosed India RF ARC Buyer
Pro Minerals Indian Steel NITS Kabelnye Private
India RF ARC Limited Gradiente Sgr and Essel Mining & Undisclosed Buyer Asset reconstruction private investors Industries Limited Financial investors company Private equity fund Iron ore mining RUSSIA INDIA ITALY INDIA Acquired Investment Acquired Debt Acquired 100% of Acquired 100% of Interest in Seller’s Obligations from Business Operations Business Operations Business
Indian Steel HPF S.r.l. Pro Minerals Private NITS Kabelnye Corporation Limited Italian leader in hot Limited Tekhnologii AO Steel products forging and heat Iron ore pelletization Steel wire products and manufacturer treatments INDIA services INDIA ITALY RUSSIA Advised on Sale of Advised on Transfer of Advised on Purchase of Company Advised on Sale of Debt Obligations Company Shares Advised Pro Minerals on State Bank of Advised Gradiente and its sale to Essel Mining & NITS Kabelnye Tekhnologii, India offloaded its debt other private investors on Industries. Pro Minerals has a Moscow-based producer exposure in Indian the acquisition of HPF, a a 1 million tonne per annum of steel wire, divested a 40% Steel Corpopration to manufacturer of forged iron-ore beneficiation cum stake in the company to an India Resurgence ARC, metal components for the pelletization plant. undisclosed acquiror. a 50:50 joint venture medical, automotive, energy between Piramal and aeronautics industries. Enterprisesand Bain Capital Credit. 87
ING Bank Teqnion AB VESCON Automation Ardian Financial institution Industrial group Group/Quadriga Leading PE fund NETHERLANDS SWEDEN Capital FRANCE Private equity firm Provided Revolving Credit Acquired 100% of GERMANY Acquired Majority Control Facility Business Operations of Business Operations Acquired Majority Control Jansen Recycling Stans & Press AB of Business Operations Corob Holding B.V. Plate manufacturing Automation solutions for Metal recycling company SWEDEN Schiller Group dosing and dispensing NETHERLANDS Provider of innovative ITALY Advised on Sale of automation solutions Advised on Placement Company GERMANY Advised on Purchase of of Debt Company Advised Midway Holding Advised on Sale of Company ING provided metal on its sale of Stans & Press Leading PE fund Ardian recycling company Jansen Industriservice i Olofström acquired Corob, a provider Recycling Holding with a to Teqnion. Stans & Press Advised Schiller Group, of automated solutions for revolving credit facility. is a well-known company a leading supplier of dosing and dispensing in focused on subcontracting automation solutions in the paint, coatings and inks production. intralogistics and assembly industries. with core competencies in electronics, software and complementary mechanics, on its sale to VESCON Automation Group. 88 Industrials
Zwaan’s
Seavision Italy Zwaan’s Holding B.V. Addtech AB Dubbeldam groep Pharma industry quality Investment company Technical trading and Automotive damage control systems and NETHERLANDS industrial group repair and industrial solutions SWEDEN manufacturing group ITALY Acquired Investment NETHERLANDS Interest in Seller’s Acquired Majority Control Acquired 100% of Business of Business Operations Acquired 100% of Business Operations Business Operations CP Phenolics B.V. Nordautomation Oy Lixis SA Market leader in Log conveyor systems for Merford Cabins B.V. Quality control for application of phenolic forestry industry Manufacturer of operator pharma industry coatings FINLAND cabins for cranes packaging NETHERLANDS NETHERLANDS ARGENTINA Advised on Sale of Advised on Purchase of Company Advised on Sale of Advised on Sale of Company Company Company Addtech of Sweden Zwaan’s Holding acquired acquired an 80% interest Advised Merford, a Advised on the cross-border the entire share capital of in Nordautomation, a manufacturer of operator sale of pharmaceutical CP Phenolics BV, a leader Finnish manufacturer of cabins for cranes, on its quality control company in phenolic coating and sawmill and woodworking sale to Dubbeldam, an Lixis, to SEA Vision, a global surfacing services. machinery. automotive and industrial leader in pharmaceutical manfucaturing group. inspection systems. 89
nimbus hands-on Connector Specialists, Juuri Partners WestView Capital investors Inc. Finnish private equity Partners Industrial holding Industrial distribution investment fund Private equity firm NETHERLANDS UNITED STATES FINLAND UNITED STATES
Acquired 100% of Acquired 100% of Acquired 100% of Acquired 100% of Business Operations Business Operations Business Operations Business Operations
KW-Kranwerke AG Bluestar Industries. Finelcomp Oy Bell & Howell Leading manufacturer of LLC Manufacturer of electrical Company crane systems Industrial distribution enclosures Provider of tech-enabled GERMANY UNITED STATES FINLAND mechatronic services UNITED STATES Advised on Sale of Advised on Purchase of Advised on Sale of Company Company Company Advised on Sale of Company KW-Kranwerke was Advised Connector Advised Finelcomp, acquired by the Dutch Specialists, a multi-discipline manufacturer of electric Advised Bell and Howell, industrial holding nimbus industrial distributor on the enclosure mechanics, on its a provider of tech-enabled hands-on investors acquisition of the business sale to Juuri Fund I LP and mechatronic services to the (nimbus) as part of a operation of distributors Management. robotics and automation company succession Bluestar Industries and equipment service industry, plan. With the entry of Bluestar Ace Machine. on its sale to Westview nimbus, KWM will be able Capital Partners. to concentrate on its core business of overhead cranes, spare parts trading and retrofitting as well as waste-to-energy (WTE) and substitute fuels (RDF). 90 Industrials
Family Office
Family Office L.V. Aeronautics Kros Otomotiv AEA Investors LLC Luxembourg Provider of unmanned Manufacturer of fluid Portfolio company of Family office aerial vehicles transfer systems global PE firm AEA LUXEMBOURG ISRAEL TURKEY UNITED STATES
Acquired 100% of Acquired 100% of Acquired 100% of Acquired 100% of Business Operations Business Operations Business Operations Business Operations
EMS Elektro Metall Chassis Plans Renkler Makina Research Electro Schwanenmühle Military and industrial Electromechanical Optics Electrical connection computer systems component producer Produces high precision system solutions UNITED STATES TURKEY thin film coatings and GERMANY optics Advised on Purchase of Advised on Purchase of UNITED STATES Advised on Purchase of Company Company Company Advised on Sale of Company Advised Aeronautics, an Advised Kros Otomotiv Capiton IV GmbH & Co Israeli-based provider of on the acquisition of Beteiligungs KG, ultimately unmanned aerial vehicles electromechanical Advised Research Electro owned by capiton AG, for defense, security, component producer Optics on its sale to divested EMS Elektro and civil applications, Renkler Makina. Excelitas Technologies, a Metall Schwanenmuehle on its acquisition of portfolio company of AEA GmbH, a Horbach- Chassis Plans, a military Investors. REO is a leading based manufacturer of and industrial computer provider of complex optical electronic connectors, to an systems manufacturer. solutions including optical undisclosed acquiror. design, fabrication, high end optical coatings and sub- system level assemblies for industrial technology, aerospace and defense, microelectronics and medical end-markets. 91
Investor Group
Group of investors The Middleby Pleatco, LLC Fulton Bank of New MBI Investor Corporation Industrial filter Jersey HUNGARY Listed leading company manufacturing Commercial bank in foodservice equipment UNITED STATES UNITED STATES Acquired 100% of UNITED STATES Business Operations Acquired 100% of Provided Capital Acquired 100% of Business Operations Expansion Funding Comtech Kft. Business Operations Supplier of optical Milton Manufacturing ResinTech, Inc. and broadband Firex Inc. Water filtration products telecommunications Steam cooking Industrial filter and equipment products equipment producer for manufacturing UNITED STATES HUNGARY foodservice industry CANADA ITALY Advised on Placement Advised on Sale of Advised on Sale of of Debt Company Advised on Purchase of Company Company Advised ResinTech on An investor group Advised Milton the placement of $116.7 acquired the entire share Advised The Middleby Manufacturing, a provider million in debt financing capital of Comtech, a Corporation, a leader in of spun bond, paper, felt and commitments, the proceeds manufacturer amd supplier foodservice equipment, on pleated bag filters to OEM of which were destined to of optical and broadband the acquisition of Firex, a partners and customers, on facilitate the construction telecommunication devices. leading Italian producer of its sale to Pleatco, a leading of a new manufacturing cooking equipment for the designer and manufacturer campus. food service industry. of pleated filter cartridges and other filtration products for the pool/spa and industrial end markets. 92 Industrials
Possehl Gruppe KLX, Inc. Zephyr Trading Brockhaus Capital Holding of industrial Distributor of aerospace Distributor of spare parts Management AG companies fasteners and for marine engines Technology holding GERMANY consumables ITALY GERMANY UNITED STATES Acquired 100% of Acquired 100% of Acquired Majority Control Business Operations Acquired 100% of Business Operations of Business Operations Business Operations von Oertzen GmbH Skandiaverken (SKV) Palas GmbH Producer of high- THG Corporation Spare parts for marine Particle measurement pressure cleaners and fire Fluid and motion control engines specialist extinguishers component distribution SPAIN GERMANY GERMANY UNITED STATES Advised on Purchase of Advised on Sale of Advised on Sale of Advised on Sale of Company Company Company Company Advised Zephyr Trading on Brockhaus Capital Advised Lampe Privatinvest Advised THG Corporation, the acquisition of a 100% Management acquired a on the sale of von Oertzen one of the premier “Tri- stake in Skandiaverken majority stake in Karlsruher GmbH, a provider of Technology” Parker Hannifin Group (SKV). Zephyr is Palas GmbH Partikel- und high-pressure water jetting motion and controls focused on providing Lasermeßtechnik, a provider systems and solutions for solutions providers, on its services to ships worldwide, of technologically leading industrial customers, to sale to KLX, the world’s both on board and ashore. high-precision devices for Hako, a subsidiary of the leading independent By acquiring Skandiaverken measuring, characterizing Possehl Group. distributor of aerospace Group, Zephyr becomes a and generating particles in fasteners, consumables, global leader in dealing with air, particularly in the field of and logistics services. marine and power engines fine dust and nanoparticles. and their original parts. 93
Superfrio Armazéns Cooper Standard Capital Partners Liaoning Zhongwang Gerais Global supplier of Private equity group Group Warehousing and systems and components UNITED STATES Asia’s largest logistics for auto industry manufacturer of BRAZIL UNITED STATES Acquired Majority Control aluminum extrusion of Business Operations CHINA Acquired 100% of Acquired 100% of Business Operations Business Operations Sur-Seal Corporation Acquired Majority Control Leading supplier of of Business Operations Cefri JAE & Metalband custom designed sealing Refrigerated warehousing CMP Automotive solutions Aluminiumwerk Unna BRAZIL Group’s sealing systems UNITED STATES AG engineering division Manufacturer of Advised on Sale of SPAIN Advised on Sale of aluminum alloy tubes Company Company GERMANY Advised on Sale of Company Warehousing company Capital Partners acquired a Advised on Sale of Superfrio Armazéns Gerais, majority interest in Sur-Seal Company acquired Cefri - Logística, Advised JAE & Metalband Corp, a producer of custom Armazenagem Frigorificada on its sale to Cooper designed sealing solutions. Advised aluminium e Agroindústria, a Standard. alloy tube manufacturer refrigerated warehouse Aluminiumwerk Unna on the operator. sale of a majority stake to Liaoning Zhongwang Group, Asia’s largest manufacturer of aluminum extrusion. 94 Industrials
Panda Recycling AquaVenture Holdings Waste management Provider of water solutions management systems IRELAND UNITED STATES
Acquired 100% of Acquired 100% of Business Operations Business Operations
Renes Recycling AUC Group Waste management Provides modular solutions wastewater treatment NETHERLANDS plants UNITED STATES Advised on Sale of Company Advised on Sale of Company Panda Recycling, an Irish based waste management Advised Argosy Private solutions company, Equity and NewSpring acquired Renes Recycling. Capital on their sale of AUC Group, to AquaVenture Holdings. AUC Group is one of the foremost providers of turn-key, decentralized, modular wastewater treatment and reuse solutions for utility districts, small communities and industrial customers.
Materials, Chemicals & Mining 98 Materials, Chemicals & Mining
Fondo Strategico CCL Industries Inc. Berry Global Group SAICA Italiano World leader in specialty Manufacturer of plastic Manufacturer and Leading Italian PE fund labels and packaging packaging materials distributor of corrugated ITALY CANADA UNITED STATES packaging SPAIN Acquired Investment Acquired 100% of Acquired 100% of Interest in Seller’s Business Operations Business Operations Acquired a Majority Business Stake in Illen Products Ltd Laddawn, Inc. Lumson Containers and Manufactures plastic Norm Ambalaj Leader in primary packaging bags and film for Sakarya Facility packaging for beauty and CANADA packaging applications Norm Ambalaj’s personal care UNITED STATES corrugated cardboard ITALY Advised on Sale of box production plant in Company Advised on Sale of Sakarya Advised on Sale of Company TURKEY Company CCL Industries acquired Advised on Sale of the entire share capital Advised Laddawn, a Company Advised the shareholders of of Imprint Plus, a manufacturer of plastic Lumson, European leader manufacturer of containers bags and films for in primary packaging for and packaging. packaging applications, Advised Norm Ambalaj, the beauty and personal on its acquisition by Berry a corrugated cardboard care industry, on the sale of Global Group. Laddawn manufacturer and the a minority stake to Fondo offers its products online, largest exporter of Strategico Italiano (FSI). with a proven, unique- cardboard products in to-industry e-Commerce Turkey, on the sale of web and mobile sales a production facility in platform. Berry, a Fortune Sakarya to Spanish paper 500 company, supplies a and packaging company broad range of innovative Saica Group. non-woven, flexible, and rigid products used every day within consumer and industrial end markets. 99
Undisclosed Investor
Shah Paper
21 Investimenti Undisclosed Investor Karton Duwest Inc Private equity fund Manufacturer of Agrochemical company ITALY INDIA polypropylene sheets with presence in Central ITALY America Acquired Majority Control Provided Settlement GUATEMALA of Business Operations Financing Acquired Majority Control of Business Operations Acquired Selected Assets CartonPack Shah Paper Limited of Seller’s Business Producer of packaging Paper manufacturer Gekoplast products for food INDIA Producer of Drokasa Peru industry polypropylene cellular Peruvian agrochemical ITALY Advised on Placement boards distributor of Debt POLAND PERU Advised on Sale of Company Advised on Purchase of Advised on Sale of An undisclosed investor Company Company provided settlement Advised the shareholders financing to paper of Carton Pack, a leading manufacturer Shah Paper. Polish cellular polypropylene Advised Drokasa Peru, a company in the production panel maker Gekoplast Peruvian agrochemical of packaging products for was acquired by Italian distributor, on its sale to the food industry, on its sale polypropylene corrugated Duwest, a Guatemalan- to 21 Investimenti. sheet and transit packaging based agrochemical producer Karton. company with a presence in Central America. 100 Materials, Chemicals & Mining
Undisclosed Investor
DuBois Chemicals Inc. Trumpler GmbH & Co. Alio Gold Corporation Undisclosed Investor Specialty chemicals KG Gold mining UNITED STATES Chemical supplier in CANADA INDIA the leather and paper Acquired 100% of industry Acquired 100% of Acquired Existing Debt Business Operations GERMANY Business Operations Securities from Banks Backing IPAC Chemicals Ltd. Acquired 100% of Rye Patch Gold Specialty chemicals Business Operations Corporation Green Valliey CANADA Gold mining Industries Limited Langro-Chemie Theo CANADA Cement manufacturing Advised on Sale of Lang GmbH and sales Company Leather chemicals Advised on Sale of INDIA GERMANY Company DuBois Chemicals Canada Advised on Financial Restructuring and acquired IPAC Chemicals, a Advised on Purchase of Alio Gold acquired the entire Placement of Debt provider of water treatment, Company share capital of Rye Patch dust control, wastewater, Gold Corp, a Vancouver- industrial cleaning and Trumpler Group, a based gold ore mine An undisclosed investor sanitation services. chemicals specialist operator. acquired the debt securities supplying the leather and of cement company Green paper industries, acquired Valliey. the assets of Langro- Chemie Theo Lang and its foreign affiliates. 101
VMS-REB 3 Egger Celulosa Arauco y Celulosa Arauco y Beteiligungen GmbH Holzwerkstoffe GmbH Constitución S.A. Constitución S.A. Investment company Family owned producer World-class player in World-class player in AUSTRIA of wood-based panels forestry products industry forestry products industry AUSTRIA CHILE CHILE Acquired 100% of Business Operations Acquired Selected Assets Acquired 100% of Acquired Selected Assets of Seller’s Business Business Operations of Seller’s Business Bamberger Kaliko Operations Textile Finishing Masisa S.A. and its Three Industrial Textile finisher Masisa S.A. and its shareholders Plants of Masisa GERMANY Shareholders Masisa’s Brazilian Three industrial plants of Masisa’s Argentinian industrial operation Masisa Mexico Advised on Sale of industrial operation BRAZIL MEXICO Company ARGENTINA Advised on Sale of Advised on Sale of Advised on Sale of Company Company Kufner Holding and Company investment company VMS-REB 3 Beteiligungen Celulosa Arauco y Advised Masisa on the acquired traditional textile Advised Masisa, a leader Constitucion, a world- sale transaction of its local finisher Bamberger Kaliko in the production and class player in forestry distribution network and 3 Textile Finishing by means distribution of wood panels products industry, acquired industrial plants in Mexico of an insolvency plan. in Latin America, on the the Brazilian industrial (Lerma, Durango, and sale of its operations in operations of Masisa do Zitacuaro). The operation Argentina to Egger, a wood Brasil, a manufacturer was sold to Inversiones panel producer based in and wholesaler of wood Arauco Internacional Austria. products such as boards, Limitada (Arauco), one panels and doors, used in of the main players in the the furniture industry and world in the wood panel interior architecture. industry.
Real Estate 104 Real Estate
Family Office
Office RE Arcadia Offico Immo Residential real development in Investment BVBA estate development Milan
German Family Office Orion European Real Belfius Insurance NV Orion V European 11 Family office Estate Fund V Insurance division of SARL GERMANY Real estate master fund Belfius Bank Real estate master fund LUXEMBOURG BELGIUM LUXEMBOURG Acquired Majority Control of Business Operations Acquired Selected Assets Acquired 100% of Acquired Selected Assets Business Operations Arcadia Investment Office RE Residential real estate Group development in Milan Offico Immo BVBA development SPV to pursue property Plot of land designated Real estate asset Portfolio of residential developments (green/ for offices management and land plots in Milan brownfield) ITALY development division ITALY GERMANY BELGIUM Advised on Sale of Advised on Sale of Advised on Company Advised on Sale of Company Recapitalization of Company Company Advised a JV between Borio Fininvest disposed a Mangiarotti and Varde Belfius Insurance, the portfolio of land for A German family office Partners on the disposal of insurance unit of Belfius residential use in Milan to formed a cooperation a plot of land for office use Banque, acquired the entire the Luxembourg based fund with Arcadia Investment in Milan to the Luxembourg share capital of Offico ‘Orion V European 11 SARL’, Group to implement joint based fund ‘Orion European Immo BVBA, a real estate managed by Orion Capital real estate projects such Real Estate Fund V’, asset manager and lessor Managers. as revitalization of existing managed by Orion Capital of nonresidential buildings. buildings, new construction Managers. projects or obtaining building rights. 105
Undisclosed Naismiths Reko Asset Buyer Holdings
Dolfin Property Real Estate Jaro_ova 41 Developer Development Company
Reko Asset a.s. Undisclosed Buyer Origami Capital Naismiths Holdings Leading construction and Investor and property Opportunistic investment Real estate consultancy real-estate development developer fund UNITED KINGDOM company GERMANY UNITED STATES CZECH REPUBLIC Acquired 100% of Acquired Majority Control Acquired Majority Control Business Operations Acquired 100% of of Business Operations of Business Operations Business Operations Naismiths Limited German property Real Estate Real estate consultancy Dolfin Jaro_ova 41 developer Development UNITED KINGDOM s.r.o. SPV that owns 90,000 Company SPV owning building and sqm brownfield for Green and brownfield Advised on Purchase of development rights development property developments Company CZECH REPUBLIC GERMANY GERMANY Advised Naismiths Advised on Sale of Advised on Sale of Advised on Sale of Holdings on the purchase Company Company Company of real estate consultancy Naismiths Limited. Reko Asset, a leading A private investor Investment fund Origami construction and real-estate participated in a regional Capital from the USA development company, has project company to facilitate acquired majority control of acquired the entire share the development of a new a brownfield and greenfield capital of Dolfin Jaro_ova mixed-use quarter in the development company in 41, an SPV owning building Rhine-Neckar metropolitan Germany. and development rights. region. This area contains more than 90,000 sqm with factory buildings, warehouses and outdoor areas in need of renovation. 106 Real Estate
Mangement of Undisclosed INFOND SAproperty.com Buyer Asset located in Commercial Piazza Durante Brno Estates Property 11
Management of FinecoBank S.p.A. INFOND Undisclosed Buyer SAproperty.com Commercial bank Real estate fund investing Real estate investor Real estate service ITALY in commercial properties GERMANY property group CZECH REPUBLIC SOUTH AFRICA Acquired Selected Assets Acquired Selected Assets Acquired 100% of of Seller’s Business Acquired 100% of Asset located in Business Operations Operations Business Operations Piazza Durante 11 (Fineco Headquarters in Brno Estates a.s. Commercial property SAproperty.com Milan) Office space SPV in Heidelberg Real estate service ITALY CZECH REPUBLIC Commercial office property group spaces SOUTH AFRICA Advised on Sale of Advised on Purchase of GERMANY Company Company Advised on Sale of Advised on Sale of Real Company Estate Assets Advised Immobiliare Advised INFOND, a real Stampa on the sale of a real estate fund that invests Advised the management estate asset in Milan used in commercial properties, An undisclosed real estate of real estate service group as the headquarters for on the acquisition of investor acquired a stake in SAproperty.com on the FinecoBank to Fineco. Brno Estates, a lessor of a commercial office space buyout of the company. nonresidential buildings and property. owner of the Brno Business Park complex. 107
FlexFilms India’s largest flexible packaging solutions provider INDIA
Acquired Real Estate in Hungary from
Omron Automotive Land owned by automotive solution provider HUNGARY
Advised on Sale of Land
Advised Omron Automotive on the sale of land assets in Hungary to Indian flexible packaging solution provider FlexFilms.
Technology 110 Technology
Luna Innovations, Inc. Battery Ventures Generac Power TCV Advanced optical Technology focused Systems Globally leading technology investment firm Manufacturer of home technology-focused PE/ UNITED STATES UNITED STATES backup generators VC investor UNITED STATES UNITED STATES Acquired 100% of Acquired 100% of Business Operations Business Operations Acquired 100% of Acquired Investment Business Operations Interest in Seller’s General Photonics Plixer International, Business Corp. Inc. Neurio Technology Develops and builds Network traffic Inc. Grupa Pracuj innovative optical monitoring and analysis Residential metering Poland’s leading online instruments tools technology recruitment group UNITED STATES UNITED STATES CANADA POLAND
Advised on Sale of Advised on Sale of Advised on Sale of Advised on Sale of Company Company Company Company
Advised General Photonics, Advised Plixer, a leader in Advised Neurio Technology, TCV, an international a provider of advanced network traffic analytics a leader in energy data, investment group, photonics solutions and security incident focused on metering purchased a minority for the measurement, response software, on its technologies and stake in Grupa Pracuj, the management and control sale to Battery Ventures, a sophisticated analytics that company which owns of polarization and delay, on global technology-focused optimize energy use within Poland’s largest jobs site its sale to Luna Innovations, investment firm. the home or business, on Pracuj.pl, the applicant a provider of fiber optic its sale to Generac Power tracking system eRecruiter, sensing and test and Systems, a global leader in Ukrainian leading jobs site measurement products the design and manufacture Rabota.ua and Emplo, worldwide. of power products. a platform supporting communication and HR processes in companies. 111
Value4Capital Gran Private Equity Jumbo Supermarkten Ardian Private equity firm Zrt. One of the largest Dutch World-leading private POLAND Venture capital fund supermarkets investment house management company NETHERLANDS FRANCE Acquired 100% of HUNGARY Business Operations Acquired 100% of Acquired Majority Control Acquired Minority Shares Business Operations of Business Operations DreamCommerce S.A. Developer of e-commerce ArtOrigo.com Smulweb Trusteam software Online auction platform Largest culinary website One-stop-shop offering IT POLAND provider in the Netherlands services HUNGARY NETHERLANDS BELGIUM Advised on Sale of Company Advised on Sale of Advised on Sale of Advised on Sale of Company Company Company Value4Capital acquired an undisclosed minority stake Gran Private Equity acquired Jumbo Supermarkten Advised Naxicap Partners in DreamCommerce, a a minority stake in ArtOrigo. acquired Younity Media, on the sale of a majority publisher of e-commerce com, an online auction an Amersfoort-based interest in IT services firm software. platform provider. publisher and full-service Trustteam to global PE firm marketing agency for the Ardian SAS. food industry. Younity Media operates a food and recipe platform under the brand name Smulweb. 112 Technology
B3IT EOS Investment Nets Group Sofigate Group Oy Advanced IT consultancy Management Ltd. Leading provider of IT management leader in services UK-based private equity digital payment solutions the Nordics SWEDEN fund DENMARK FINLAND UNITED KINGDOM Acquired Majority Control Acquired 100% of Acquired 100% of Shares of Business Operations Acquired Majority Control Business Operations of Business Operations Csolutor Oy Thirdbase AB Dotpay/eCard IT integration services IT consulting and Eurofiere S.p.A. Polish payment service FINLAND services International design providers SWEDEN general contractor POLAND Advised on Sale of ITALY Company Advised on Sale of Advised on Sale of Company Company Advised on Sale of Sofigate acquired the entire Company share capital of software Advised Third Base, Dotpay/eCard, one of the publisher Csolutor. consulting company EOS Investment leading electronic payments offering specialist Management acquired a service providers in Poland competence in system majority stake in Eurofiere, a was acquired by payments development with an extra leader in Italy in the design services firm Nets Group. focus on Java and mobility, and installation of events system architecture and and spaces. test management, on its sale to B3IT, an IT and management consulting company. 113
Inside Real Estate Hanover Investors Hungaropharma Zrt. Alpine Investors Online marketing Private equity investment Pharmaceutical Private equity firm software for real estate firm wholesaler UNITED STATES agents UNITED KINGDOM HUNGARY UNITED STATES Acquired 100% of Acquired 100% of Shares Acquired 100% of Business Operations Acquired 100% of Business Operations Business Operations Escher Group ImageQuix Holdings plc QB-Pharma Kft. SaaS provider focused on Circlepix Technology and software Software developer for photography industry Marketing automation solutions for postal pharmacies UNITED STATES SaaS for real estate sector and public HUNGARY agents agencies Advised on Sale of UNITED STATES IRELAND Advised on Purchase of Company Company Advised on Sale of Advised on Sale of Alpine Investors acquired Company Company Advised pharmaceutical ImageQuix Inc, a Greenville- wholesaler Hungaropharma based software publisher, Advised Circlepix, a leading Advised Escher Group on the purchase of QB- in a leveraged buyout real estate listing marketing Holdings, a provider of Pharma, a developer of transaction. software provider, on its sale technology and software software for pharmacies. to Inside Real Estate. solutions for the postal sector on its sale to Hanover Investors. 114 Technology
PHIT Holding B.V.
STP AG VAPS Cedacri S.p.A. PHIT Holding B.V. Legal software company IT services and software Outsourcing services for Group of healthcare GERMANY provider the banking sector industry stakeholders GERMANY ITALY NETHERLANDS Acquired 100% of Business Operations Acquired Majority Control Acquired Majority Control Acquired Investment of Business Operations of Business Operations Interest in Seller’s inobas GmbH Business Provider of structured Ametras Rentconcept CAD IT S.p.A. data products Software for car fleets Software and IT for Promedico Groep B.V. GERMANY and mobility as a service securities trading and Leading eHealth GERMANY management solutions provider Advised on Sale of ITALY NETHERLANDS Company Advised on Sale of Company Advised on Purchase of Advised on Sale of Company Company Advised provider of structured data products Advised CCUnirent System inobas on its sale to on the sale of a majority Advised Cedacri on Advised eHealth solutions software provider STP. interest in Ametras the acquisition of provider Promedico on its Rentconcept, a provider Quarantacinque, majority collaboration with PHIT, of SaaS for car fleets and shareholder of financial a healthcare services mobility, to IT and software services software company providing group. company VAPS. CAD IT. 115
DBAG paragon GmbH & Co. Total Specific Providence Equity PE fund KGaA Solutions (TSS) B.V. Partners GERMANY Automotive Tier 1 Vertical market software Private equity and asset GERMANY group of companies management firm Acquired Majority Control NETHERLANDS UNITED STATES of Business Operations Acquired Majority Control of Business Operations Acquired 100% of Acquired 100% of Catalysts GmbH Business Operations Business Operations Custom software SemVox GmbH development Voice control and FDT-System AB Chatmeter, Inc. AUSTRIA assistance software Vertical market software Provides local brand platform suite for retail sector management software Advised on Sale of GERMANY SWEDEN UNITED STATES Company Advised on Sale of Advised on Purchase of Advised on Sale of Company Company Company Catalysts GmbH, becomes part of Cloudflight, an IT service company focusing The shareholders of Total Specific Solutions, Advised Chatmeter, a on digitization and cloud voice control and active the European vertical leader in local search transformation. The assistance systems market software group of marketing and reputation formation of Cloudflight is specialist SemVox sold Constellation Software, management for multi- the result of the acquisition their majority stake expanded its presence in location businesses, on of majority stakes in to listed automotive Sweden with the acquisition a strategic investment by Austrian Catalysts GmbH supplier paragon. With the of FDT, a vertical market Providence Equity Partners. and German Crisp Research acquisition of SemVox, software company. AG by DBAG Fund VII, as paragon created a new part of an MBO. business division for digital assistance systems. 116 Technology
GRC International
DQM Group
Perforce Software Aspire Systems Deutsche Beteiligungs GRC International Application development Technology services AG Group plc and software company Private equity (stock IT governance, risk UNITED STATES INDIA listed) management and GERMANY compliance services Acquired Majority Control Acquired 100% of UNITED KINGDOM of Business Operations Business Operations Acquired Majority Control of Business Operations Acquired 100% of Programming Goyello Business Operations Research Ltd. (PRQA) IT solution and product Kraft & Bauer Static analysis and development Advanced fire DQM Group Holding coding compliance tools NETHERLANDS extinguishing systems Limited UNITED KINGDOM GERMANY GDPR consulting and Advised on Sale of technology solutions Advised on Sale of Company Advised on Sale of UNITED KINGDOM Company Company Advised on Sale of Aspire Systems, a Company Advised Programming technology services The Swiss private Research, a UK-based company, acquired Goyello, investment company leading provider of a developer of IT solutions INVISION sold its majority GRC International Group sophisticated, enterprise- and products. With the deal, stake in Kraft & Bauer Group acquired Data Quality grade static code analysis, Aspire Systems expanded to Deutsche Beteiligungs Management Group, a on its sale to Perforce its portfolio of IT consulting, AG (DBAG). DBAG Fund VII, software publisher for Software, a global provider software development which is advised by DBAG, general data protection of solutions to enterprise and mobile solutions in acquired a majority stake regulation services. teams. the nearshoring model for in Kraft & Bauer, a leading customers in Europe. supplier of fire extinguishing systems for machine tools, as part of a management buyout (MBO), alongside with the founding Bauer family as well as the current Managing Partner Frank Foddi. 117
sysLogixx GmbH Allegion US Holding LoopUp Group plc ER-Telecom Provider of IT solutions Company Audio conferencing Telecommunication GERMANY Cyber security investment UNITED KINGDOM holding company ventures RUSSIA Entered a Joint Venture IRELAND Acquired 100% of with Business Operations Acquired 100% of Acquired 100% of Business Operations CEMA AG Spezialisten Business Operations MeetingZone Limited für Informationstech- Audio conferencing Strela Telecom nologie Isonas UNITED KINGDOM Telecom service provider Provider of IT services Manufacturer of IP based RUSSIA GERMANY access control systems Advised on Purchase of UNITED STATES Company Advised on Sale of Advised CEMA on JV Company Formation Advised on Sale of Advised remote meetings Company firm LoopUp on the Advised Strela Telecom, IT specialists CEMA Group acquisition of conferencing an indepenent telecom and sysLogixx joined forces Advised ISONAS, on its sale services provider services provider, on its sale to further develop their to Allegion (NYSE:ALLE). MeetingZone from GMT to ER-Telecom. service offerings. ISONAS is a leading provider Communications Partners. of innovative connected network device hardware and cloud delivered software solutions for physical access control in non-residential markets. 118 Technology
Highland Group Holdings
F2i SGR S.p.A. & EI Elliott Management Highland Group Libli s.r.o. Towers S.p.A. Corporation Holdings Ltd. Internet services provider Infrastructure fund and Tier 1 private equity fund Family office CZECH REPUBLIC telecom tower manager UNITED STATES UNITED KINGDOM ITALY Acquired 100% of Acquired Investment Acquired a Majority Stake Business Operations Acquired 100% of Interest in Seller’s Business Operations Business L2Fiber Rotterdam OMEGA tech s.r.o. B.V. Regional internet services Persidera S.p.A. Telecom Italia Fibre optic network provider Provider of transmission Main Italian TLC operator construction CZECH REPUBLIC networks ITALY NETHERLANDS ITALY Advised on Sale of Advised on Purchase of Advised on Equity Company Advised on Purchase of Company Placement Company Libli acquired regional Elliot Advisors acquired an Highland Group Holdings, internet services provider Advised F2i and EI undisclosed minority stake the investment vehicle of OMEGA tech. Towers on the acquisition in Telecom Italia, a Rome- Scotland-based Lord Irvine of the Italian leader in based telecommunications Laidlaw, acquired an 80% digital television signal reseller. equity stake in L2Fiber transmissions networks, Rotterdam, to develop, build Persidera. and operate a citywide, open-access fiber optic network in Rotterdam, the Netherlands. 119
Hama Engineering
Gazprom-Media ESAS Nederland B.V. ESAS Nederland B.V. CLSA Capital Partners Russia’s largest media IT communications Information and Private equity fund holding and software solutions communications JAPAN RUSSIA provider technologies NETHERLANDS NETHERLANDS Acquired 100% of Set up a JV with Business Operations Acquired 50% of Business Acquired 100% of MaximaTelecom Operations Business Operations Hama Engineering Operator of Wi-Fi Semiconductor engineer networks in subways Lomitel Zuid B.V. Teletronika B.V. staffing company RUSSIA Fibre optic and coaxial Fibre optic and coaxial JAPAN network design and networks Advised on Setting up JV construction NETHERLANDS Advised on Sale of NETHERLANDS Company Advised on Sale of MaximaTelecom, Russia’s Advised on Sale of Company CLSA Capital Partners, a leading operator of Wi-Fi Company services for public transport, PE fund, acquired Hama reached an agreement with Teletronika, a company Engineering, an electronic Gazprom-Media, to create a Advised IT communications engaged in designing, parts and equipment JV selling online advertising. and software solutions constructing and wholesaler. Gazprom-Media is the provider Lomitel Zuid on its maintaining fibre-optic largest media holding group sale to ESAS Nederland. and coaxial networks, in Russia. became part of the ESAS group, a Belgium-based group of companies providing information and communications technology. 120 Technology
Speed Production
BB Electronics A/S Inission Borås AB Milestone Partners Leading Scandinavian Supplier of advanced Private equity firm EMS company industrial electronics UNITED STATES DENMARK SWEDEN Acquired Majority Control Acquired 100% of Acquired 100% of of Business Operations Business Operations Business Operations RedZone Robotics Wendell electronics, Speed Production AB Robot inspection services a.s. Contract manufacturer in UNITED STATES Czech electronics electronics manufacturing services SWEDEN Advised on LBO provider Advised on Sale of CZECH REPUBLIC Private equity firm Milestone Company Partners acquired RedZone Advised on Sale of Robotics, a technology- Company Advised Speed Group on enabled solutions business the divestment of Speed that uses proprietary robots, Advised electronics Production, an electronics sensing capabilities, and manufacturing company contract manufacturer, to software tools to provide BB Electronics on the Inission. inspection, data collection, acquisition of Wendell and asset management and Electronics. decision support services primarily for wastewater pipeline systems.
Transport & Logistics 124 Transport & Logistics
BBM Logística Panalpina Group Hudson Hill Capital CAF Investee of Stratus Forwarding and logistics Private investment firm Global leader in railway (PE fund) services with flexible capital industry BRAZIL SWITZERLAND UNITED STATES SPAIN
Acquired 100% of Acquired 100% of Acquired 100% of Acquired Investment Business Operations CargoMaster’s operations Business Operations Interest in Seller’s in Colombia and Ecuador Business Kuehne+Nagel Brasil AM Trans Expedite Inc (Road Freight) CargoMaster Asset-based carrier Orbital Sistemas Brazilian road freight One of Latin America’s UNITED STATES Aerospaciales, S.L business of leading largest companies System engineering for global logistics company specialized in freight Advised on Sale of aeronautical and railway BRAZIL forwarding perishables Company sectors COLOMBIA SPAIN Advised on Sale of Advised Am Trans Expedite Company Advised on Sale of Advised on Purchase of and Global Transport Company Company Logistics on their merger, Advised Kuehne + Nagel on funded by Hudson Hill the sale of its Braziliain road Advised CargoMaster, one Capital, to form Fusion Advised CAF (Construcción freight business conducted of the largest companies in Transport, a logistics y Auxiliar de Ferrocarriles), a by its subsidiaries Transeich Latin America specializing holding company focused global leader in the railway Armazéns Gerais and in the freight forwarding on retail consolidation, less- industry (market cap €1.4B), Transeich Assessoria, to of perishables, on the than-truckload shipping and on its acquisition of a BBM Logistica, a portfolio sale of its Colombian and multimodal transportation stake in ORBITAL Sistemas company of Brazilian private Ecuadorian operations brokerage. Aeroespaciales. equity firm Stratus. to global transport and logistics leader Panalpina. 125
NTS Trans Quivado
Russkiy Mir
NTS Trans Börjes Logistik & Quivado Rethmann Provider of freight rail Spedition Logistics company Transportation, water and transportation services Family owned company NETHERLANDS recycling services RUSSIA within logistics sector GERMANY SWEDEN Acquired 100% of Acquired 100% of Business Operations Acquired Selected Assets Business Operations Acquired 100% of of Seller’s Business Business Operations Transportcentrale Operations Russkiy Mir Rotterdam Beheer Rail transportation of Logit Europe AB Logistic services in Transdev crude oil and oil products 3PL company within container and paper Transportation and RUSSIA apparel and accessories transport mobility company SWEDEN NETHERLANDS FRANCE Advised on Sale of Company Advised on Sale of Advised on Sale of Advised on Purchase of Company Company Company NTS Trans, a freight rail transportation services Advised Logit Europe, Advised on the sale of Advised Rethmann on the provider, acquired Russkiy a provider of 3PL and logistics services company acquisition of a stake in Mir, provider of rail supply chains solutions for Transportcentrale transportation and mobility transportation of oil and oil e-commerce companies Rotterdam Beheer to company Transdev. products. within apparel and Quivado. accessories, on its sale to Börjes Logistik & Spedition. 126 Transport & Logistics
MW Sutton Transport QuattroR SGR Rhenus Logistics, Belfi and Neltume Transportation company Leading Italian PE fund S.A.U. Ports providing air and haul ITALY Leading European Leading port operators freight logistics and transport CHILE UNITED STATES Acquired Investment company Interest in Seller’s SPAIN Aquired a 60% Equity Acquired Selected Assets Business Stake in of Seller’s Business Acquired 100% of Fagioli Finance S.p.A. Business Operations Terminal Puerto Arica Gresham Transfer, Heavy transportation S.A. Inc. and applied engineering Langarri Logística, Port operations Transportation of heavy company S.L. CHILE haul and bulk dry goods ITALY Regional transport UNITED STATES of industrial and Advised on Sale of Advised on Sale of commercial packages Company Advised on Sale of Company SPAIN Company Advised Grupo Empresas QuattroR SGR, an Italian Advised on Sale of Company Navieras, Ransa Comercial Air and haul freight private equity fund, acquired and SAAM Puertos on transportation company a minority stake in Fagioli, the sale of their equity MW Sutton Transport a leading international Advised Langarri Logistica stakes in Terminal Puerto acquired heavy haul engineering company in the on its sale to leading Arica, to Inversiones y and bulk dry goods design and construction European logistics and Construcciones Belfi transportation company of high-tech handling and transport company Rhenus and Neltume Ports. The Gresham Transfer. lifting systems and in the Logistics. aggregate equity stake shipping of plants with represented 60% of technical and logistical Terminal Puerto Arica’s complexity of transport. share capital. Terminal Puerto Arica is a public port concession northern Chile and and the fourth largest public port in the country in terms of transferred cargo. 127
Auxo Investment Arriva plc MUFG Union Bank NFI Industries Partners Leading passenger Full-service commercial 3rd party logistics Private equity firm transportation company banks provider UNITED STATES in Europe UNITED STATES UNITED STATES UNITED KINGDOM Acquired 100% of Provided Growth Funding Acquired 100% of Business Operations Acquired Majority Business Operations Share of AeroCentury Corp. Andrie Transportation Leasing and finance SCR Air Tug and barge company Majority Owners of services to regional Transportation brokerage UNITED STATES Autotrans d.d. airlines UNITED STATES Largest intercity bus UNITED STATES Advised on Sale of company in Croatia Advised on Sale of Company CROATIA Advised on Placement Company of Debt Advised on Sale Advised Andrie, a bulk Advised SCR Air Services, marine transporter of Advised AeroCentury, an an intermodal focused liquid asphalt, cement, light Advised the majority owners aircraft lessor specializing brokerage company, on oil petroleum products of Autotrans, the largest in regional turboprop and its acquisition by supply and calcium chloride intercity bus company jet aircraft, on its portfolio chain solutions provider throughout the Great Lakes in Croatia, on the sale to refinancing through a $145 NFI Industries. With the on its acquisition by Auxo Arriva, a leading pan- million revolving credit acquisition, NFI expanded Investment Partners. European provider of public facility and a $44.3 million its non-asset intermodal transportation. term loan facility. services, as well as its refrigerated capabilities.
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