SlideShare uma empresa Scribd logo
1 de 72
Baixar para ler offline
Dealbook
2015
IMAP
www.imap.com
©IMAP, Inc. 2015
Contact
Sudhanshu Karandikar
sk@imap.com
IMAP, Inc.
Av. Diagonal, 618
08021 Barcelona - Spain
www.imap.com
T: +34 936 026 710
Contents
/	 Foreword
	 by Jurgis V Oniunas, Chairman	 	 04
/	 About IMAP:
	 Milestones and achievements	 	 06
/	 Deals by sectors: 				08
/	 Consumer Products & Services 	 08
/	 Consumer Staples 			 17
/	 Energy & Power 				 23
/	Financials 					27
/	Healthcare 				30
/	Industrials 					36
/	Materials 					50
/	Real Estate 				56
/	Retail 					58
/	TMT					61
Jurgis V Oniunas
Chairman
D
eals are the lifeblood of the IMAP organization. It is
what we do: to get the best deal for our clients – the best
partner, the best valuation, the best earn-out, the best
terms. Our experts around the world live and breathe deals,
from Beijing, to Tokyo, to Mumbai, to Istanbul, to Frankfurt, to
London, to Boston, Chicago and Silicon Valley - every single day,
somewhere in the world, an IMAP deal is signed or closed.
IMAP is a unique organization, encompassing almost 40
independent firms working together under one IMAP brand to
bring the financial and sectorial expertise and knowledge of all
its 400 or so professionals to every deal. We work exclusively in
the mid-market, so you will not find here blockbuster telecom
deals, or front page mergers. Instead, you will find examples
of hundreds of companies, many founded and owned by
individual entrepreneurs, companies that are the backbone
of the economies in which they operate. Their owners have
put their trust in IMAP partners, to guide them through what
may be the most important and perilous process of their
professional careers – to sell what they have built, or to buy
what someone else has built. And IMAP partners perform this
job brilliantly, time and time again.
This is why we are proud to present here some of our work over
the past several years. Proud, not just because these deals were
completed, but because we know that they were completed
with special care for our clients and with respect for their
accomplishments.
About IMAP
IMAPHISTORYTIMELINE
Founding of IMAP by
a group of US-based
M&A Practitioners
under the acronym
NAMAC
1973
Merger of two
US-based M&A ad-
visory organizations
(INTERMAC and
IMAP) into one.
1993
Presence in UK,
France, Germany
Spain and Italy.
1999
Merger of Central
and Eastern
European
organizations
(MACEE) into IMAP.
2005
Global Reach
IMAP offers an exceptional combination of global breadth and local depth to the client transaction.
IMAP is located in more than 35 countries throughout North and South America, Eastern and Western Europe, the Middle East,
Africa and Asia. These firms share common values and principles, reinforced by rigorous standards and qualifications to ensure
unmatched service, quality and unequaled results
Argentina
Belgium
Bosnia and
Herzegovina
Brazil
Canada
Chile
China
Croatia
Czech
Republic
Denmark
Egypt
Finland
France
Germany
Hungary
India
Ireland
Italy
Ivory Coast
Japan
Mexico
Montenegro
Morocco
Netherlands
Norway
Peru
Poland
Portugal
Kosovo
Russia
Senegal
Serbia
Slovakia
Slovenia
Spain
Sweden
Switzerland
Turkey
United
Kingdom
United
States
Vietnam
See our corporate video
in the world in the number of closed
transactions valued up to
IMAP
ranked
(asrankedintheThomsonReuters’LeagueTables)
US$200 million
globalperformance2012-2014
Rank FinancialAdvisor
1 PwC
2 KPMG
3 Ernst & Young LLP
4 IMAP
5 BDO
6 Deloitte
7 Rothschild
8 Houlihan Lokey
9 Lazard
10 Mizuho Financial Group
Undisclosed Values & Values
up to $200 million
(Based on number of transactions)
4th
Consolidation of
cross-border
collaboration.
2008
IMAP adds more
global locations.
2010
Presence in Peru,
Norway and
Vietnam.
2014
IMAP coverage
extends to Brazil,
Morocco, Senegal and
Ivory Coast.
2015
consumer
products
&services
consumer
staples
Energy
&Power Financials Healthcare Industrials Materials
REAL
ESTATE RETAIL TMT government
EDUCATIONALSERVICES
consumer
products
&services
 Up to $500M	 
Source: Thomson Reuters
	1	 PwC
	2	 KPMG
	3	 BDO
	4	 IMAP
	5	 Deloitte
	 6	 Ernst & Young LLP
	 7	 M&A International
	 8	 Mizuho Financial Group
	 9	 Sumitomo Mitsui Finl Grp Inc
	10	 Grant Thornton
Vistria Group
Private Equity
Group
United States
Acquired 100% of
Business Operations
Penn Foster
Corporate training
& consumer
distance education
United States
Advised on Sale of
Company
Advised Penn Foster,
a leader in career-
focused distance and
hybrid learning that
now offers compre-
hensive high school,
career school and
college programs, on
its acquisition by The
Vistria Group. Vistria
is a Private Equity Firm
focused on invest-
ing in middle market
companies in the
education, healthcare
and financial services
sectors.
Worldstrides
Provides
educational travel
programs
United States
Acquired 100% of
Business Operations
Oxbridge
Academic
Resourses
Provides study
abroad programs
United States
Advised on Sale of
Company
Advised Oxbridge Aca-
demic Resources on its
sale to WorldStrides,
a portfolio company
of The Carlyle Group.
Oxbridge joins World-
Strides’ impressive
lineup of educational
student travel pro-
grams. WorldStrides,
is the nation’s largest
and one of the most
respected accredited
travel organizations,
specializing in provid-
ing exceptional educa-
tional experiences.
Greybull
Stewardship
Private Equity
Group
United States
Acquired 100% of
Business Operations
BrightStar
Education
Group
For-profit post
secondary
education
company
United States
Advised on Sale of
Company
Advised BrightStar
Education Group, dba
Institute of Technol-
ogy, on its sale to
Private Equity Firm
Greybull Stewardship.
BrightStar is a portfolio
company of Arlington
Capital Partners.
BrightStar, which will
be now known as Se-
lect Education Group,
is a leading for-profit
post-secondary educa-
tion company with four
campuses in California
and Oregon.
EMPLOYMENTSERVICES
9
SAE Institute
(Navitas Ltd)
Provides pre-
uiniversity
and university
programs
Australia
Acquired 100% of
Business Operations
Ex’Pression
College
Provides
bachelor’s
degrees in digital
arts
United States
Advised on Sale of
Company
Advised Ex’pression
College, a California-
based creative media
college founded in
1998. The College
grants Bachelor
degrees in six pro-
grams. Ex’pression
will become part of the
SAE Institute, Navitas’
creative media educa-
tion division.
Sonans AS
Private high
school
Norway
Acquired 100% of
Business Operations
Nordic
Academy AS
Supplier of
courses
Norway
Advised on Sale of
Company
Advised Nordic
Academy with its sale
to Sonans Utdanning.
The deal is expected to
significantly strengthen
Sonans position in the
professional courses
market which focuses
on restructuring pro-
cesses, job clarification
and activation.
All NRG
Holding A/S
Buy-and-build
majority owned by
Via Venture (PEG)
Denmark
Acquired 100% of
Shares
Q-Star Energy
A/S
Manpower
provider for the
energy sector
Denmark
Advised on Sale of
Company
Advised the sharehold-
ers of Q-Star Energy in
their sale to Via Venture
Partners-controlled
company All NRG. Q-
Star Energy A/S, based
in Esbjerg, provides
highly specialized
welders, electricians,
scaffolders and insula-
tors, as well as wind
turbine experts and
rope access services,
to the oil, gas and wind
industry in Europe.
D&B Beheer
B.V.
Personal holding
Netherlands
Acquired 100% of
Business Operations
Human
Resource
Project
Partners B.V.
Secondment
agency
Netherlands
Advised on Purchase
of Company
Advised D&B Beheer
B.V. on the manage-
ment buy-out of Human
Resource Project Part-
ners, a secondment
agency specialized
in on- and offshore
engineering.
DEKRA AG
Automotive,
industrial and
personnel
Germany
Acquired Majority
Stake
TUC Group
Education within
transportation
Denmark
Advised on Sale of
Company
Advised TUC Group on
the sale of a major-
ity stake to Germany-
based Dekra. With
the acquisition, Dekra
secures a strength-
ened footprint in
Scandinavia. The goal
is to further expand its
service portfolio and
presence.
10 / Consumer Products & Services
homefurnishings
Primary
Capital
Limited
Private Equity
United
Kingdom
Acquired Majority
Control of Business
Operations
Gatenby
Sanderson
Limited
Private sector
recruitment
United
Kingdom
Advised on Sale of
Company
Advised recruitment
agency Gatenby Sand-
erson on its manage-
ment buyout, backed
by Private Equity House
Primary Capital.
TSL Education
Ltd
Support services
and resource
provision to
teacher
United
Kingdom
Acquired Majority
Control of Business
Operations
Vision for
Education
Recruitment
services for the
education sector
United
Kingdom
Indentified the Buyer
and Introduced the
Transaction
Facilitated an introduc-
tion between Vision
for Education and TES
Global, the UK’s lead-
ing player in teacher
recruitment.
EMPLOYMENTSERVICES
Jobindex A/S
Online job
database
Denmark
Acquired 100% of
Business
StepStone A/S
and it-jobbank
A/S
Online job
database
Denmark
Advised on Purchase
of Company
Advised Jobindex
in their acquisition
of Stepstone and
IT-Jobbank. Jobindex,
Denmark’s largest
job database and
recruitment company
acquires the Danish
part of StepStone, the
leading provider of
executive and career
positions in Denmark,
as well as the sister
company it-jobbank,
the largest Danish
provider of IT jobs.
Cordant Group
plc
Recruitment
conglomerate
United
Kingdom
Acquired 100% of
Business Operations
Sugarman
Group Limited
Public sector
recruiter
United
Kingdom
Advised on Sale of
Company
Advised the Sugarman
Group on its sale to
Cordant Group. With
Cordant’s support,
Sugarman’s manage-
ment team has a
great opportunity to
continue to accelerate
the business’ growth;
the transaction also
enables Cordant to gain
a strategic foothold
in the healthcare and
education sectors.
The Rowley
Company
Manufacturer and
wholesaler of
window decor
United States
Acquired Minority
Ownership Position
Individual
Owner
United States
Advised on Recapi-
talization of Company
Advised The Rowley
Company on a recapi-
talization. The acquisi-
tion of an individual
owner’s minority owner
position provides the
company with ad-
ditional leverage in the
regional window décor
market.
11
The Rowley
Company
Manufacturer and
wholesaler of
window decor
United States
Acquired 100% of
Assets
Article Inc.
International
home decor
manufacturer and
distributor
Canada
Advised on Purchase
of Company
Advised The Rowley
Company, a manufac-
turer and international
distributor of decorat-
ing supplies, on its
acquisition of Article.
The deal strengthens
Rowley’s product of-
ferings and expands its
international opera-
tions footprint.
Champlain
Capital
Partners
Small and middle-
market Private
Equity Firm
United States
Acquired 100% of
Business Operations
Master
Cutlery, Inc.
Manufacturer of
knives, swords
and defense
products
United States
Advised on Sale of
Company
Advised Master
Cutlery, a prominent
designer and manu-
facturer of crossbows,
hunting knives, military
& tactical gear and
self-defense products
on its acquisition by
Champlain Capital,
a Private Equity Firm
focused on small and
middle market, niche
businesses in manu-
facturing, consumer
products, distribution
and non-financial
services.
OtherConsumerProducts
Ferritico Peru
(subsidiary
of Acero
Comercial
Ecuatoriano)
Distributor
of industrial
machinery
Ecuador
Acquired 100% of the
Company
Sullair del
Pacifico
Distributor of
Sullair brand air
compressors
Peru
Advised on Sale of
Company
Advised Sullair del
Pacifico, a distributor
of Sullair brand air
compressors based
in Peru, on its sale to
Ferritico Peru, a subsid-
iary of Acero Comercial
Ecuatoriano based in
Ecuador that distributes
industrial machinery.
Adara
Packaging Oy
Total packaging
solution provider
Finland
Acquired 100% of
Shares
Display Pack
Finland
Cardboard
marketing display
manufacturer
Finland
Advised on Sale of
Company
Advised Display Pack
Finland, a cardboard
marketing display ma­
nufacturer on the sale
of 100% of its shares
to Adara Packaging,
a packaging solution
provider.
MBO
Partenaires
Private Equity
Firm
France
Acquired Majority
Control of Business
Operations
Alkos-
Cosmogen
Cosmetic
packaging and
manufacturing
France
Advised on Sale of
Company
Advised on the MBO of
Alkos, French cosmet-
ics manufacturer, and
Cosmogen, innovative
cosmetics packaging
supplier. The transac-
tion allows manage-
ment to increase its
shares; the PE firm to
invest in the Group;
with offices in China,
Brazil & USA, sales up
to €100M are expected
within 5 years.
Atlantic Trade
d.o.o.
Leading FMCG
distributor in
SouthEast Europe
Croatia
Purchased 100%
of the Company
and Took Over the
Distribution of
Unilever in Slovenia
and Croatia
Prodis d.o.o.
Distributor of
FMCG in Slovenia
Slovenia
Advised on Sale
of Company and
Transfer of Unilever
Distribution Agree-
ments
Atlantic Trade doo, a
unit of Atlantic Grupa
dd, acquired the entire
share capital of Prodis
doo, a Zagreb-based
distributor of food and
non-food products.
American
Crane Group
Newly formed
parent company
of AE & 4OCG
United States
Acquired 100% of
Business
American
Equipment
Overhead crane
manufacturer and
service company
United States
Advised on Merger
with 4OCG
Advised American
Equipment on its
merger with 4OCG,
thus creating American
Crane Group, the newly
formed parent com-
pany of AE and 4OCG.
12 / Consumer Products & Services
OtherConsumerProducts
Republic
Tobacco LP
Distributor of
tobacco products
United States
Acquired 50% of
Business Operations
Johnson Creek
Enterprises
LLC
Manufactures
e-liquids for use in
e-cigarettes
United States
Advised on Sale of
Company
Advised Johnson Creek
Enterprises LLC in
the sale of 50% of its
ownership to Republic
Tobacco LP. The trans-
action marks Republic
Tobacco’s strategic
move into the burgeon-
ing electronic cigarette
and consumer vaping
markets. By joining
forces with Republic,
Johnson Creek Smoke
Juice and accessories
will soon be available
in thousands of outlets
throughout the country.
Lifetime
Brands Inc
Leading global
provider of
kitchenware &
tableware
United States
Acquired 100% of
Business Operations
Thomas Plant
(Birmingham)
Ltd
Supplier of
kitchenware
products
United
Kingdom
Advised on Sale of
Company
Advised the sharehold-
ers of Kitchen Craft on
its sale to NASDAQ-
listed Lifetime Brands.
Kitchen Craft and
Lifetime Brands share
the same values and
ethos; the combination
of the two businesses
provides significant
opportunities for
growth in the UK and
internationally.
Bunzl plc.
Multinational
distribution and
outsourcing
company
United
Kingdom
Acquired 100% of
Business Operations
Ocean S de RL
Distributor
of personal
protective
equipment
Mexico
Advised on Sale of
Company
Advised Espomega, a
leading redistribution
business supplying a
variety of safety prod-
ucts, including gloves
and protective clothing,
throughout Mexico, on
its sale to Bunzl. The
acquisition expands
Bunzl’s safety business
in Mexico.
13
Magnum
Capital
Industrial
Private Equity
Spain
Acquired
Iberchem SA
Flavours and
fragances
manufacturer
Spain
Advised on MBO
Process
Advised Iberchem, a
fragrances & flavors
firm, on its sale of a ma-
jority stake to Magnum
Capital. Through this
acquisition, Magnum
intends to consolidate
its existing position in
China, Indonesia and
the Middle East. The
firm also plans to enter
emerging markets.
ProfessionalServices
R2i Services
Facility services
France
Acquired 100% of the
Capital
PEOPLE
COCCINELLE
Modeling agency
France
Advised on Sale of
Company
Advised People Coc-
cinelle, a modeling
agency, on the sale
of its capital to R2i
Services, a facility ser-
vices provider based in
France.
BISNODE
EU leading credit,
market & business
info provider
Czech Republic
Acquired 100%
Shares of Newly
Spun Off Enterprise
IS OCTOPUS,
s.r.o.
CZ leading credit
info assessment
system
Czech Republic
Spin Off & Sale of the
New Entity
Advised IS Octopus,
a leading credit infor-
mation assessment
system company on
its sale of their newly
spun off enterprise to
Bisnode, a EU leading
credit and business
information provider.
Studec SAS
Technical
documentation,
engineering and
ILS
France
Acquired 100% of the
Spanish Business,
and the German
Business Assets
AC&S SRL
(Spain),
AC&S GmbH
(Germany).
Training solutions
& technical
documentation
Spain
Advised on Sale of
two Subsidiaries
Advised ESG on the
sale of its subsidiary
AC&S Spain and the
ILS business from
AC&S Germany to
Studec SAS. ESG is a
provider of engineering
services for aero-
space, automotive and
defense.
Cardtronics,
Inc.
Global operator of
off-premise ATM’s
United States
Acquired 100% of
Business Operations
Sunwin
Services
Group Ltd
Operator of ATM’s,
CIT and security
services
United
Kingdom
Advised on Sale of
Company
Advised The Co-opera­
tive Group on the sale
of its Sunwin Services
Group business to
Cardtronics. The
Sunwin Services Group
includes the following
services: cash and
valuables transit, ATM
support and Sunwin
Managed Security.
MDLG INVEST
Holding company
of the managers
France
Acquired 100% of
Business Operations
ETC
Energy control
consulting
services
France
Advised on Sale of
Company
Arranged an MBO for
ETC, a thermal and
acoustical engineering
firm located in Nor-
mandie. ETC is special-
ized in residential home
diagnoses.
Fujitsu Limited
Leading IT
company
Japan
Acquired Investment
Interest
Yokogawa
Medical
Solutions
Developer
of medical
equipment
Japan
Advised on Purchase
of Company
Advised Fujitsu, a lea­
ding global IT company,
on minority investment
into Yokogawa Medical
Solutions, a developer
of medical IT systems
and subsidiary of
Yokogawa Electric, for
a business & capital al-
liance in future medical
solutions.
14 / Consumer Products & Services
ProfessionalServices
Enterprise
Rent-A-Car
Vehicle rental
United States
Acquired 100% of
Business Operations
Burnt Tree
Holdings
Vehicle rental
United
Kingdom
Advised on Sale of
Company
Advised Burnt Tree,
the UK’s largest
commercial vehicles
rental provider, on its
cross-border sale to
Enterprise Rent-A-Car.
Ambienta SGR
Private Equity
Italian fund
Italy
Acquired 100% of
Business Operations
IP Cleaning
SpA
Machinery &
equipment for
professional
cleaning market
Italy
Distressed M&A
Advised Ambienta SGR,
the largest European
Private Equity fund
specialised in the
environmental sector,
i) on the acquisition
of IP Cleaning, owned
by Synergo SGR, and
ii) on the definition of
an agreement with the
lending banks, con-
cerning the reschedu­
ling of the outstanding
medium-long term debt
and the confirmation
of current short term
credit facilities.
Daiwa House
Leading home
builder and real
estate company
Japan
Acquired Majority
Control of Business
Operations
TOMO
Parking facilities
operator
Japan
Advised on Purchase
of Company
Advised Daiwa House,
a top ranked home
builder, on the acquisi-
tion of Tomo, a parking
facilities operator, to
expand it parking facili-
ties business.
15
Soho Design
A financial
investment
company
United States
Acquired all Assets of
Business Operations
Tui Lifestyle
A turnkey lifestyle
luxury furniture
provider
United States
Adviced on Purchase
of Company
Advised Soho Design, a
55%-45% joint venture
between Sevin Ergun, a
private Turkish investor
and Tui Pranich, an
interior luxury designer,
during the acquisition
of all assets of Tui
Lifestyle.
Finnmap
Consulting Oy
Engineering and
building services
Finland
Acquired Selected
Assets of Business
Operations
Profil-Bau
Consulting Oy
Engineering and
building services
Finland
Represented the
Seller
Advised Profil-Bau
Consulting on the sale
of some of its selected
assets to Finnmap
Consulting, a leading
engineering and buil­
ding services company.
Mubadala
Development
Company
Investment and
development
company
United Arab
Emirates
Acquired Investment
Interest
Piaggio Aero
Industries SpA
Aviation, defence
and security
Italy
Sold Equity Stake
of 31%
Advised a group of
private investors in
the disposal of a 33%
stake in Piaggio Aero,
a state of the art group
in the aviation industry,
developing and manu-
facturing unmanned
aerial systems, aircraft
and aero-engines for
private operators, go­
vernments and military,
to Mubadala.
LDC
Private Equity Arm
of Lloyds Banking
Group
United
Kingdom
Invested
CEL
Procurement
Outsourced
procurement
services
United
Kingdom
Advised on the Equity
Raise
Advised Private
Equity house LDC
on its investment in
CEL Procurement, a
procurement services
provider for public sec-
tor organisations.
Sentica
Partners Oy
Sentica is an
independent
Private Equity
company
Finland
Acquired 100% of the
Company Shares
Secto
Automotive
Oy
Corporate car
leasing service
and fleet
management
Finland
Advised the Seller
Advised Secto Automo-
tive, Finland’s largest
privately-held car
leasing company, on its
sale to Funds managed
by Sentica Partners.
The deal furthers
Secto’s growth strategy
for its leasing services.
Excellere
Capital
Management
Private Equity
Firm
United States
Acquired 100% of
Business Operations
G2 Partners,
LLC
Consulting Firm
United States
Advised on Purchase
of Company
Served as the buy-side
advisor to Excellere
Capital Management,
LLC ,a Private Equity
Firm, in its acquisition
of G2 Partners, LLC, a
rapidly-growing con-
sultant and advisor to
the energy, transporta-
tion & manufacturing
industries.
Trex Services
Logistics company
United States
Acquired 100% of
Business
Turner Rapid
Express
Logistics company
United States
Advised on Sale of
Company
Advised Turned Rapid
Express, a US based lo-
gistics company, on its
sale to Trex Services.
Trex is an entity formed
by an individual for the
purpose of acquir-
ing the Turner Rapid
Express.
16 / Consumer Products & Services
ProfessionalServices TRAVELSERVICES
LDC
Private Equity
house
United
Kingdom
Acquired Majority
Control of Business
Operations
Away Resorts
Holdings
Limited
Holiday park
operator
United
Kingdom
Advised on Sale of
Company
Advised the sharehold-
ers of Away Resorts,
the UK holiday park
owner and operator, on
its agreed sale to mid-
market Private Equity
house LDC.
GE Healthcare
Technology,
services, research
for healthcare
sector
United
Kingdom
Acquired Majority
Control of Business
Operations
Finnamore Ltd
Consultancy
services to UK
healthcare sector
United
Kingdom
Advised on Sale of
Company
Advised Finnamore,
one of the leading
dedicated health and
social care consultan-
cies in the UK, on its
sale to GE Healthcare
(NYSE: GE).
17
consumer
staples
Up to $200M
Source: Thomson Reuters
	1	 PwC
	2	 KPMG
	3	 Rothschild
	4	 IMAP
	5	 Deloitte
	6	 BDO
	7	 Ernst & Young LLP
	8	 Sumitomo Mitsui Finl
		 Grp Inc
	9	 Mizuho Financial Group
	10	 Rabobank NV
AgricultureandLivestock
Wilmar
International
Leading agri
commodities
player
Singapore
Acquired Equity
Stake - Joint Venture
Agreement
Shree Renuka
Sugars
Limited
India’s
largest sugar
manufacturer
India
Advised Seller
Entailed infusion of
$200 million of primary
capital by Wilmar In-
ternational Limited
through its 100% sub-
sidiary Wilmar Sugar
Holdings into Shree
Renuka Sugars Limited
(SRSL) under a Joint
Venture Agreement
with both parties hold-
ing equal shareholding
and board representa-
tion in SRSL.
Undisclosed
Undisclosed
description
India
Acquired Selected
Assets
Sir Shadi Lal
Enterprises
Ltd
Sugar
manufacturer
based in India
India
Advised Seller
Advised Sir Shadi Lal
Enterprises on the
strategic sale of UNN
Sugar Complex to an
undisclosed buyer.
Qualified
Moroccan
Investors
Qualified
Moroccan
investors;
Fitch ratings
Morocco
$35 Million Senior
Notes Issued to
Moroccan Investors
Zalagh
Holding
Integrated player
in the Moroccan
poultry industry
Morocco
Senior Notes Issued
to Moroccan Inves-
tors and Rating
Senior notes issued to
Moroccan investors
and rating.
EBRD
Development
financial
institution
Morocco
$12 million Senior
Notes Issued to EBRD
Zalagh
Holding
Integrated player
in the Moroccan
poultry industry
Morocco
Exclusive Financial
Advisor on EBRD
Private Placement
Acted as the exclusive
financial advisor on
EBRD’s private place-
ment.
International
Finance
Corporation
Largest global
development
institution
Morocco
Equity Injection of $24
million
Zalagh
Holding
Integrated player
in the Moroccan
poultry industry
Morocco
Advisor on an Equity
Private Placement
Advised on an equity
private placement of
$24 million in Zalagh
Holding.
PrimaMundo
Group
Distributor of daily
fresh fruits and
vegetables
Belgium
Acquired 100% of
Business Operations
Alva Verse
Vruchten nv
Distributor of daily
fresh fruits and
vegetables
Belgium
Advised on Sale of
Company
Advised the sharehol­
ders of ALVA Verse
Vruchten, an importer
and distributor of fresh
fruit and vegetables, in
the sale of their busi-
ness to PrimaMundo
Group. PrimaMundo
is active in the same
market achieving a
turnover of € 150
million.
La Doria SpA
Production of
tomato based
products
Italy
Acquired 100% of
Business Operations
Pa.Fi.Al. Srl
(Althea SpA
Delfino SpA)
Production of
ready to use pasta
sauces
Italy
Advised on Sale of
Company
Advised the sharehol­
ders of Pa.fi.al. Group,
controlling Althea and
Delfino, both lead-
ing companies in the
European private label
segment of ready to
use pasta sauce mar-
ket, in the disposal of
100% to La Doria, listed
company engaged
in the production of
tomato based products,
canned vegetables and
fruit juices.
A Group
of Private
Investors
A group of private
investors
Turkey
Acquired Investment
Interest
Likya Tarim
Turkey-based
agricultural
company
Turkey
Advised on Purchase
of Company
Advised a group of pri-
vate investors on their
purchase of a minority
stake in Likya Tarim, the
Turkey-based pioneer
and agricultural innova-
tor company special-
ized in almonds.
AgricultureandLivestock
18 / Consumer Staples
FoodandBeverage
Balconi Family
Investment
Holding
Italy
Acquired 100% of
Business Operations
Fida S.r.l.
Jelly candies
producer
Italy
Advised on Sale of
Company
Advised Credem
Private Equity SGR
and the disposal of
100% share capital of
Fida, an Italian leader
in the candy sector,
to a group of private
investors.
Delika Food
Group A/S
Manufacturer of
processed meat
products for retail
Denmark
Acquired 100% of
Business Operations
Eberhart A/S
Manufacturing
and sale of
smoked meat
products
Denmark
Advised on Sale of
Company
Advised Eberhart, a
family owned meat
processing company in
the production of boiled
and smoked products
of high quality, on its
sale to Delika Food
Group,a Danish proces-
ser of a wide range of
meat products for the
retail and food service
segments.
19
Davide
Campari
Milano SpA
Leading Italian
player in the
spirits business
Italy
Acquired 100% of
Business Operations
F.lli Averna
SpA
Producer of the
the well known
Amaro Averna
Italy
Advised on Sale of
Company
Advised the sharehol­
ders on the disposal of
Averna, an Italian lead-
ing spirit company, to
Campari Group, a major
player in the global
branded beverage in-
dustry, with a portfolio
of over 50 premium
and super premium
brands marketed and
distributed in over 190
countries worldwide.
WHW Bakeries
Retail seller of
bread products
Ireland
Acquired 100% of
Business Operations
Irish Pride
Bakeries
Ireland’s second
largest bakery
Ireland
Advised on Sale of
Subsidiary
Advised One Fifty One
on the sale of Irish
Pride Bakeries to WHW
Bakeries, a Lloyd Group
company. The Lloyd
Group is a diversified
holding company with
interests in the IT and
engineering sectors.
Irish Pride is Ireland’s
second largest bakery,
with sales in excess of
€ 50 million. The acqui-
sition provides WHWB
with a foothold in the
Irish bakery industry.
Wagner
Holding GmbH
Family Office of
an entrepreneurial
family
Germany
Acquired 49% of
Business Operations
Ökofrost
GmbH
Wholesaler of
organic frozen
foods
Germany
Advised on Aquisi-
tion of Portfolio
Company
Advised Wagner
Hol­ding GmbH on the
acqui­sition of a 49%
stake in Ökofrost GmbH,
thereby expanding its
portfolio of innovative
SMEs in the sustainable
food sector.
Paladin
Capital
Partners
Private Equity
fund
Italy
Acquired 100% of
Business Operations
Greci Industria
Alimentare
SpA
Production and
distribution of
food products
Italy
Distressed M&A
Advised Greci Industria
Alimentare, leader
in the production
and distribution of
food products, in its
disposal to the Private
Equity Paladin Capital
Partners.
AS Group
Leading food and
beverage producer
Bosnia and
Herzegovina
Acquired Majority
Control of Business
Operations
Klas dd
The leading
industrial mill and
bakery in Bosnia
Bosnia and
Herzegovina
Advised on Sale of
Company
Advised Klas d.d.,
market leader in
the milling & bakery
industry in Bosnia and
Herzegovina, in the
sale of an undisclosed
majority interest to AS
Jelah Group. The deal
enables AS Group to
strengthen, expand
business operations
in line with becoming
BIH’s leading player in
the food industry.
The European
Bank for Re-
construction
and Develop-
ment (EBRD)
Development
financial
institution
Morocco
Mezzanine Loan
Subscribed by EBRD
Citruma
Producer of juices
and concentrated
citrus
Morocco
Advised on a Mezza-
nine Loan Subscribed
by EBRD
Advised on a mez-
zanine loan subscribed
by EBRD.
ARX Equity
Partners and
Darby Private
Equity
Regional Private
Equity Firms
Hungary
Acquired 100% of
Business Operations
Gramex 2000
Kft & G.F
Investment
Kft.
Manufacturer of
soft drinks
Hungary
Advised on Sale of
Company
Advised Gramex, a
Hungary based manu-
facturer of soft drinks,
on its sale to ARX
Equity Partners and
Darby Private Equity.
Carlyle
Cardinal
Ireland
€300m Irish PE
fund founded by
The Carlyle Group
Ireland
Acquired Majority
Control of Business
Operations
Lily O’Brien’s
Premium
chocolate
and dessert
manufacturer
Ireland
Advised on Sale of
Company
Advised the share-
holders of Lily’s
Limited on the sale
of Lily O’Brien’s, an
Irish manufacturer of
premium chocolates
and desserts, to Carlyle
Cardinal Ireland. Lily
O’Brien’s represents
CCI’s first investment in
Ireland; the transaction
positions the busi-
ness for international
growth.
20 / Consumer Staples
FoodandBeverage
Glanbia, Plc
Global nutritional
solutions and
cheese group
Ireland
Acquired 100% of
Business Operations
Nutramino
Holding ApS
Danish sports
nutrition brand
Denmark
Advised on Sale of
Company
Advised Roll-o-Matic
A/S, a leading player
on the Scandinavian
market for sports
nutrition products, on
its sale to Glanbia, with
sales in more than
130 countries. The
acquisition expands
Glanbia’s presence in
the Nordics within the
performance nutrition,
healthcare and educa-
tion sectors.
The Abraaj
Group
Private Equity
Firm in the Middle
East
United Arab
Emirates
Acquired Majority
Control of Business
Operations
Yörsan Gida
Mamulleri San
ve Tic A.S.
One of the largest
dairy producers
Turkey
Advised on Purchase
of Company
Acted as the exclusive
financial and strategic
advisor to The Abraaj
Group in its agreement
to acquire a majority
stake in Yörsan, one of
Turkey’s largest dairy
producers. The deal
offers Yörsan strategic
market opportunities.
21
Univeg Group
NV
Fresh produce
grower and
distributor
Belgium
Acquired 100% of
Business Operations
Empire World
Trade Ltd
Fresh produce
distributor
United
Kingdom
Advised on Sale of
Company
Advised Empire
World Trade on its
cross-border sale to
UNIVEG Group. This
deal is an example of
the predicted trend for
more deals in the food
and beverage space
as European strategic
buyers aim to increase
their exposure to UK
markets.
McCormick &
Company
One of global
leaders in flavor
United States
Acquired
Wuhan
Asia-Pacific
Condiments
One of the leading
flavor suppliers in
China
China
Advised on Purchase
of Company
Advised McComirck &
Co on the acquisition of
Wuhan Asias-Pacific
Condiments, one of the
leading flavor suppliers
in China. This enables
McCormick to increase
its presence in the
country.
Alicorp
Leading consumer
goods company
Peru
Acquired 100% of
Business Operations
Pastificio
Santa Amalia
Pasta and other
food products
manufacturer
Brazil
Advised on Sale of
Company
Advised Pastificio San-
ta Amalia, a producer
of pasta and other food
products, on its cross
border sale to Alicorp,
the leading consumer
goods company based
in Peru.
Kwik Tek
Provides summer
recreational
products
United States
Acquired 100% of
Business Operations
Yukon
Charlie’s
Designs winter
& outdoor
recreational
products
United States
Advised on Sale of
Company
Represented Syner­gy
Sportz, dba Yukon
Charlie’s, in its sale to
Kwik Tek Inc. Yukon
Charlie’s is a branded
recreational products
company that designs
and develops winter
sports and outdoor
lifestyle products, spe-
cializing in snowshoes.
Kwik Tek Inc. is a de-
signer and distributor
of branded consumer
goods for the outdoor
recreation industry.
Dorel
Industries Ltd.
Manufactures,
& sells juvenile
products and
bicycles
Canada
Acquired 100% of
Business Operations
Tiny Love Ltd
Baby Products &
developmental toy
company.
Israel
Advised on Sale of
Company
Advised Tiny Love, an
award-winning baby
products and develop-
mental toy company
headquartered in Tel
Aviv, Israel, on its sale
to Dorel Industries. Tiny
Love is a recognized
innovator in develop-
mental toys for babies
and toddlers. Dorel
Industries is a world
class juvenile products
and bicycle company.
Palatine
Private Equity
Private Equity
house
United
Kingdom
Acquired Majority
Control of Business
Operations
Character
World Holdco
Limied
Designer &
distributor of
home furnishings
United
Kingdom
Advised on
Secondary MBO
Advised Character
World, a licensed
bedding specialist, on
a £36 million secondary
management buyout
backed by Palatine
Private Equity.
OtherConsumerStaples TextilesandApparel
22 / Consumer Staples
Undisclosed
Buyer
Paper
manufacturer
Peru
Acquired selected
assets of Seller
inlcuding Minerva
Brand
Viuda de
Mariategui
(MINERVA)
Paper products
and notebooks
manufacturer
Peru
Advised on Sale of
main Assets including
MINERVA Brand
Advised on sale of
main Assets including
MINERVA Brand to an
undisclosed buyer.
Fuji Oleos
America do
Sul
Subsidiary of Fuji
Oil Co., Ltd.
Brazil
Acquired Majority
Control Of Business
Operations
Harald
Alimentos
Chocolate
Manufacturer
Brazil
Advised on Purchase
of Company
Advised Fuji Óleos
América Do Sul,
Importaçao, Serviços e
Comércio de Produtos
Alimentícios Ltda., on
its purchase of the
chocolate manufac-
turer Harald Indústria e
Comércio De Alimentos
Ltda.
Foodand
Beverage
Hansol Paper
Co Ltd
Paper producer
Democratic
People’s
Republic of
Korea
Acquired 100% of
Business Operations
Telrol BV
Label
manufacturer
Netherlands
Advised on Sale of
Company
Advised Telrol, a
leading European
manufacturer of self
adhesive labels, on the
sale to Hansol Group,
a listed South Korean
conglomerate with
operations in paper
production, chemicals,
home decoration and
IT parts having sales of
$ 726 million.
Modalliance
Holding
France
Acquired 100% of
Business Operations
Codis
International
Textile trading
company
France
Advised on Purchase
of Company
Advised a manager in
the acquisition of Codis
International, with
the support of PEGs
Entrepreneur Venture
& Ouest Croissance.
Founded over 30 years
ago, Codis International
is a leader in mass-
market clothing (1500
apparel models and
underwear). Headquar-
tered in South West of
France, the company
has 3 other regional
locations.
23
Alternative
EnergySources
Energy
&Power
Up to $200M
Source: Thomson Reuters
	 1	PwC
	 2	 RBC Capital Markets
	 3	KPMG
	 4	 Ernst & Young LLP
4*	Simmons & Co
		International
	 6	 Goldman Sachs & Co
6*	Evercore Partners
	 8	 Macquarie Group
	 9	Citi
	10	Lazard
	 11	 Morgan Stanley
	12	Rothschild
	 13	 Bank of America
		 Merrill Lynch
	 14	 Tudor Pickering
		 & Co LLC
14*	Deloitte
	 16	 M&A International
16* IMAP
	18	Barclays
VB Enterprise
A/S
Installation and
service of wind
turbines
Denmark
Acquired Majority
Control
APRO Wind
A/S
Installation and
service of wind
turbines
Denmark
Advised on Sale of
the Company
Advised Apro Wind in
their sale to VB Enter-
prise (controlled by Via
Venture Partners). Apro
Wind employs around
200 employees and
performs mechanical
installation and service
tasks for wind turbines
manufacturers and
park owners, globally.
24 / Energy & Power
OilandGas
Consortium
of Private
Investors
Consortium of
private investors
Russia
Acquired 62% stake
CJSC Uralneft-
egazprom
Oil & gas
exploration and
development
project
Russia
Advised on Purchase
of Company
Advised investors on
the acquisition of a
majority interest in
UNGP from Stroy-
transgaz, a leading oil
& gas infrastructure
construction company.
UNGP is a developer of
oil and gas fields in the
Orenburg region.
Cepsa S.A.
An integrated
energy company
Spain
Capital Restructuring
and Business
Expansion in China
Cepsa S.A.
Cumene
production
China
Advised on Recapi-
talization of Company
Advised the Spanish
energy group Cepsa
S.A. on the completion
of the capital restruc-
turing of its investment
in China and expansion
of its China presence
for cumene production.
OTK Group
Midcap integrated
oil and gas
company
Russia
Acquired 100% of
Business Operations
Izhevsky oil
refinery
Oil refinery
Russia
Advised on Purchase
of Company
Advised OTK Group,
a Russian midcap
integrated oil & gas
company, on its
acquisition of Izhevsky
oil refinery, a Russian
oil refinery. This ac-
quisition provides OTK
Group better access to
resources, strengthen-
ing its market position.
Montepio
Geral
Commercial Bank
Portugal
Provided Revolving
Credit Facility
Gascan, S.A.
Distribution and
market of propane
gas
Portugal
Advised on Restruc-
turing Financial
Obligations
Advised Gascan on its
financial obligations’
restructuring.
Antofagasta
Minerals S.A.
Copper mining
group
Chile
Acquired 40% Interest
in Project
Alto Maipo
SpA
531MW hydro
power project
Chile
Advised on Purchase
of Company
Advised Antofagasta
Minerals, in its acquisi-
tion of a 40% stake in
Alto Maipo SpA, a 531
MW hydro power proj-
ect being developed
by AES Gener in the
central part of Chile.
Alternative
EnergySources
Newco
Energy efficiency
performance
certification
United
Kingdom
Acquired Investment
Interest
Stroma
Energy efficiency
performance
certification
United
Kingdom
Advised on Purchase
of Company
Provided debt advisory
and strategic buy-side
support to LDC for its
investment in Stroma.
Stroma, with a strong
market position in cer-
tification and fieldforce
software within the
domestic and commer-
cial energy market, is
well-placed to leverage
this market’s growth
opportunities.
Mitta Oy
Provider of
geodetic
surveying and
measurement
Finland
Acquired 100% of
Shares
Kemijoki
Aquatic
Technology Oy
Hydrology and
geotechnic
services
Finland
Advised on Sale of
Company
Advised the most
important producer of
hydroelectric power
and related services
in Finland, Kemijoki
Oy, to sell its subsi­
diary Kemijoki Aquatic
Technology Oy to Mitta
Oy. The divestment was
an important part of
Kemijoki Oy’s change
management program
to streamline its organi-
zational structure.
Fina Enerji
Holding A.S.
Developer and
constructor of
energy projects
Turkey
Acquired Majority
Control of Business
Operations
Polyak Enerji
Üretim
Madencilik
San. Tic. A.S.
Company engaged
in coal based
energy generation
Turkey
Advised on Purchase
of Company
Acted as the exclu-
sive financial and
strategic advisor to
Fina Enerji Holding in
its acquisition of a 70%
stake in Polyak Enerji
Üretim Madencilik San.
Tic. A.S., a company
engaged in energy
generation.
25
Lukoil Belgium
NV
Major oil company
Belgium
Acquired 100% of
Shares
Verolma
Maastricht
Beheer BV /
Verolma BvbA
Retail petrol
stations
Netherlands
Advised on Purchase
of Company
Advised Lukoil on its
acquisition of 59 gas
stations in Belgium
and the Netherlands.
According to Bulat
Subaev, managing
director of LUKOIL
Belgium, entering the
Dutch market fits with
LUKOIL’s gas station
expansion strategy in
the Benelux market.
OtherEnergy
andPower
BW Rogers Co
Value-added
distributor of fluid
power products
United States
Acquired 100% of
Business Operations
K-D Fluid
Power Corp
Value-added
distributor of fluid
power products
United States
Advised on Purchase
of Company
Advised B.W. Rogers,
a 20-year client, on
its acquisition of K-D
Fluid Power. Both are
established distribu-
tors of Parker Hannifin
(NYSE: PH) hydraulic
and pneumatic prod-
ucts. IMAP’s relation-
ship with PH has been
influential in launching
the consolidation trend
of its distributorships.
Power
Pure
Technologies
Develops
technologies for
water pipelines
Canada
Acquired 100%
of Business
Infrastructure
Wachs Water
Services
Water flow
control
maintenance &
support
United States
Advised Company
on Sale
Advised Wachs Valve
and Hydrant Services,
LLC (“Wachs Water
Services”) on its ac-
quisition by Pure Tech-
nologies Ltd. Wachs
Water Services is a
leading provider of flow
control maintenance
and support, leak
detection and related
asset management
services to the water
sector in the United
States.
Veitransport
AS
Logistics
Norway
Acquired 100% of
Business Operations
Mathisen
Renovasjon
AS
A national
sanitation
company
Norway
Advised on Purchase
of Company
MECE Invest AS, which
owns the transport
companies Veitransport
AS and Veikran AS,
has acquired 100% of
the shares in Mathisen
Renovasjon AS. The
acquisition strength-
ens the Veitransport
Group’s position within
refuse collection and
waste management.
Number of
Institutional
Investors
Number of
institutional
investors
United
Kingdom
Acquired One51 PLC
Shareholding in
Augean PLC
Augean PLC
Specialist waste
management
company
United
Kingdom
Advised on Sale of
Shares in Subsidiary
Advised One51 PLC
on the disposal of its
stake in Augean PLC,
a UK hazardous waste
management company
listed on the Alternative
Investment Market. The
sale represented an
important step One51’s
strategy to divest of
non-core assets and
focus on its plastics
and environmental
service business in
Ireland, the UK and
China.
26 / Energy & Power
WaterandWasteManagement
BHP Billiton
Mining group
Australia
Secured Long-Term
Power based on the
Construction of a
New Combined Cycle
Power Plant
Kelar S.A.
Power generator
Chile
Financial Advice on
Bidding Process
Acted as financial
advisor to BHP Billiton
on the bidding process
to secure long-term
power based on the
construction and
operation of Kelar (517
MW) combined cycle
power plant.
Sierra Gorda
SCM
A new copper
mine in Chile.
$2.88 bn
invesment
Chile
To contract Power
Supply for 251 MW
for 20 yrs. & the
Development of a
New 500 MW Power
Plant
Empresa
Eléctrica
Cochrane S.A.
Power generator
Chile
Advised on a Bidding
Process to Purchase
Long Term Power
Supply & Develop-
ment of a New Power
Plant
Advised Sierra Gorda
on the tendering of a
20-year power pur-
chase agreement (PPA)
for its Sierra Gorda
greenfield mining proj-
ect, including construc-
tion of a new coal-fired
power plant. Empresa
Eléctrica Cochrane
S.A. (subsidiary of AES
Gener S.A.) will supply
in total 251 MW.
Power
Empresas
Públicas de
Medellín
Multi-utility
provider of
regulated services
Colombia
Acquired 100% of
Business Operations
Aguas de
Antofagasta
S.A.
Water company
serving
Antofagasta
Region, Chile
Chile
Advised on Purchase
of Company
Advised Empresas
Publicas de Medellin,
a multi-utility provider
of regulated services,
on its cross border
acquisition of the
water company Aguas
de Antofagasta, based
in Chile.
27
Brokerage
Financials
Up to $200M
Source: Thomson Reuters
	1	 PwC
	2	 KPMG
	3	 Ernst & Young LLP
	4	 Lazard
	5	 Rothschild
	6	 IMAP
	7	 Houlihan Lokey
7*	Deloitte
	9	 BDO
	10	 Goldman Sachs & Co
Rakuten
Securities
Online brokerage
firm
Japan
Acquired 100% of
Business Operations
FXCM Japan
Securities
Online retail FX
brokerage firm
Japan
Advised on Sale of
Subsidiary
Advised FXCM, the
leading US-based
global provider of on-
line foreign exchange
trading and related
services, in the sale of
100% of its shares of
FXCM Japan Securities
to Rakuten Securities,
a leading online securi-
ties firm in Japan, for
$62 million.
Coast Capital
Savings
Credit union
operating
throughout
Canada
Canada
Acquired the Prime
Equipment and
Vehicle Finance
Assets
Travelers
Financial
Corp. -
Vehicle Asset
financing
division
Equipment finance
broker
Canada
Advised on Sale
Advised on the sale
of Travelers Financial
Corp’s vehicle financing
assets to Coast Capital
Savings, a credit union
operating throughout
Canada.
CreditInstitutions
Sterling
Bancorp
Offers banking
products and
services
United States
Acquired 100% of
Business Operations
Damian
Services
Corporation
Provider of payroll
funding and
services
United States
Advised on Sale of
Company
Advised Damian
Services Corporation,
a payroll funding and
services provider, on
its sale to Sterling
Bancorp (NYSE: STL),
through its principal
subsidiary Sterling
National Bank.
MacQuarie
Bank
United States
Provided Acquisition
Funding
Capital Pawn
Holdings LLC
Operator of pawn
locations
United States
Advised on Place-
ment of Debt
Advised a family office
in its acquisition of
Capital Pawn Holdings,
LLC. Capital Pawn
Holdings, LLC is a lead-
ing operator of pawn
store locations in the
Southeastern United
States.
Capital Pawn
Holdings LLC
Pawn store
operator
United States
Acquired 100% of
Assets
Capital Pawn
Inc.
Pawn store
operator
United States
Advised on Purchase
of Company
Advised a family office
in its acquisition of
Capital Pawn Holdings,
LLC. Capital Pawn
Holdings, LLC is a lead-
ing operator of pawn
store locations in the
Southeastern United
States.
Undisclosed
Undisclosed
description
India
Acquisition of 7.5%
equity stake
National
Commodity
& Derivatives
Exchange Ltd.
Leading
commodities
& derivatives
exchange in India
India
Advised on Sale of
Equity Stake
Advised on sale of 7.5%
equity stake in NCDEX
to an undisclosed
buyer for $ 10 million.
28 / FINANCIALS
DiversifiedFinancials ExchangesCredit
Institutions
3i Debt
Management
Limited
A leading debt
management
business
United
Kingdom
Acquired €2 billion
CLO Management
Contracts
7 European
CLOs from
Invesco
Investment
management
corporation
United
Kingdom
Advised on the Ac-
quisition of €2 billion
CLO Management
Contracts
Advised 3i Debt
Management on the
acquisition of seven Eu-
ropean Collateralised
Loan Obligation (‘CLO’)
management contracts
from Invesco. The
transaction builds on
the company’s strategy
to grow its business
and take advantage of
attractive opportunities,
in Europe and North
America.
Tryg
Forsikring A/S
Nordic insurance
provider
Denmark
Acquired 100% of
Business Operations
Securator A/S
Extended
warranties
for consumer
electronics
Denmark
Advised on Sale of
Company
Advised Securator
A/S (DK) – Denmark’s
leading provider of
extended warranties
for consumer electron-
ics – in their sale to
the Nordic insurance
group Tryg Forsikring
A/S (DK).
Hub
International
International
insurance brokers
United States
Acquired 100% of
Business Operations
CanSure
Underwriting
General agency
commercial
property and
liability
Canada
Advised on Sale of
Company
Advised Can Sure
Underwriting, a com-
mercial property and
liability agency, on its
sale to HUB Interna-
tional, an insurance
brokers company.
KJK Capital
OY
An independent
asset manager
Finland
Acquired Majority
Control of Business
Operations
Iskra ISD
Manufacturer of
plastic and metal
components
Slovenia
Advised on Sale of
Company
Advised Iskra ISD, a
manufacturer of plastic
and metal components,
on its cross border
sale to KJK Capital,
and independent asset
manager.
OtherFinancialsInsurance
Grant
Thornton
Belgium
Audit,
accountancy and
tax
Belgium
Acquired Majority
Control of Business
Operations
BeAligned
Belgium
Strategy
implementation
Belgium
Advised on Sale of
Company
Advised BeAligned
Belgium on the sale of
its business operations
to Grant Thornton.
CADCO
Holdings
Private investing
entity
United States
Provided Growth
Funding
Latin
American
Consumer
Finance
Consumer finance
company
Mexico
Advised on the
Placement of Debt
Advised a financial
buyer to finance the
growth of Latin Ameri-
can Consumer Finance,
LLC. Latin American
Consumer Finance, LLC
is a leading operator
of installment lending
locations in Mexico.
29
Healthcare
Up to $200M
Source: Thomson Reuters
	1	 KPMG
	2	 PwC
	3	 Houlihan Lokey
	4	 BDO
	5	 IMAP
	6	 The Braff Group
	7	 Rothschild
	8	 Deloitte
	9	 Jefferies LLC
	10	 Ernst & Young LLP
Sovereign
Capital
Partners LLP
Private Equity
house
United
Kingdom
Acquired Majority
Control of Business
Operations
Nurse Plus
and Carer Plus
(UK) Limited
Provider of nurses
and carers
United
Kingdom
Advised on Purchase
of Company
Nurse Plus, a provider
of staffing solutions &
homecare services,
has received signifi-
cant investment from
Sovereign Capital in a
deal advised by IMAP.
Siegfried
Group
Contract
manufacturing
organization for
pharma
Switzerland
Acquired 100% of
Business Operations
Hameln
Pharma
Sterile filling of
pharmaceutical
products
Germany
Advised on Sale of
Subsidiaries
Advised Hameln Group
in carving out its
contract manufacturing
unit and sell it to the
strategic buyer Sieg-
fried. The divestment
helps Hameln to focus
on its branded generic
business.
Biotech/PharmaServices
(CRO,CMOsandTools)
Groupe
Chèque
Déjeuner
#3 global
provider of
voucher and
prepaid cards
France
Acquired 100% of
Business Operations
Sí Vale
(Prestaciones
Universales)
#1 Mexican
provider of
voucher and
prepaid cards
Mexico
Advised on Purchase
of Company
Advised Group Chèque
Déjeuner, third-largest
player worldwide in its
market, in its acquisi-
tion of Si Vale. The
transaction enables
the buyer to access the
American continent,
establishing Mexico
as a hub to expand in
other countries such as
Colombia, Peru, Chile,
United States and
Canada.
OtherFinancials
30 / FINANCIALS
31
União Quimica
Leading Brazilian
pharmaceutical
company
Brazil
Acquired a
Manufacturing
Facility
Novartis Taboa
da Serra plant
Global leading
pharmaceutical
company
Brazil
Advised on Sale of
Assets
Advised Novartis in
carving out its non-core
solid manufacturing
plant in Brazil from its
commercial business
and sell it along with
a long term toll manu-
facturing agreement
to the local lab União
Quimica.
SBK Holding
Turkey-based
conglomerate
Turkey
Acquired 100% of
Business Operations
Biofarma Phar-
maceutical
Indsutry Co.
Turkey-based
manufacturer of
generic drugs
Turkey
Advised on Purchase
of Company
Advised SBK Holding,
the Turkey-based
conglomerate, on its
acquisition of Biofarma,
established in 1945 and
one of the oldest manu-
facturer of generic
drugs in Turkey.
Biotechnology-
Pharmaceuticals
Laczay Family
Majority owners
of target
company
Hungary
Acquired 25% Shares
from the Minority
Owner
Lavet Kft.
A leading
veterinary
producer and
distributor
Hungary
Advised on Sale of
25% Shares of the
Company
Advised on sale of the
sale of 25% shares
of Lavet, a leading
veterinary producer
and distributor to the
Laczay family, the
majority owners of the
business.
SBK Holding
Turkey-based
conglomerate
Turkey
Acquired 100% of
Business Operations
Münir S¸ ahin
I˙laç Sanayi
Turkey-based drug
manufacturer
Turkey
Advised on Purchase
of Company
Advised SBK Holding,
the Turkey-based
conglomerate, on its
acquisition of Münir
S¸ahin I˙laç, established
in 1929 and one of the
most deep rooted drug
manufacturer in Turkey.
Abbey Pharma
Ltd
Supplier of niche
pharmaceutical
medicines
United
Kingdom
Acquired 100% of
Business Operations
Peckforton
Pharmaceuti-
cals Ltd
Speciality
pharmaceutical
company
United
Kingdom
Advised on Sale of
Company
Specialist pharma-
ceuticals company
Peckforton has been
acquired by Abbey
Pharma, in a transac-
tion advised by IMAP.
Undisclosed
Buyer
Manufacturer
and distributor of
medical products
Sweden
Acquired 100% of
Business Operations
Countrywide
Supplies Ltd
Distributor of
prescription
medical products
United
Kingdom
Advised on Sale of
Company
Advised Countrywide
Supplies, a leading
distributor of prescrip-
tion medical products,
on its cross-border sale
to Atos Medical. This
transaction further sup-
ports Atos Medical’s
commitment to the UK
market and consumers.
Sterling
Partners
Private Equity
fund
United States
Acquired Business
Surgical
Solutions LLC
Healthcare service
provider for
operating rooms
United States
Advised on Sale of
Company
Advised Surgical Solu-
tions, LLC in its majority
sale to Sterling Part-
ners, a financial buyer.
Surgical Solutions,
LLC is a healthcare
services company
providing technicians
and equipment to hos-
pital operating rooms
and surgery centers
in support of minimally
invasive surgeries.
32 / Healthcare
Biotechnology-
Pharmaceuticals
MedicalDevices-EquipmentandDiagnostics
Galderma S.A.
World-leading
dermatology
group
Switzerland
Acquired 100% of the
Shares
Spirig Pharma
AG
European
dermatology
group
Switzerland
Advised on Sale of
Company
Advised Spirig Pharma
on its sale to Galderma,
a joint venture of
Nestlé and L’Oreal .
The deal is expected to
significantly strengthen
Galderma’s position in
the dermatology market
in CH, DE, AT, CZ, and
SK; expand global
distribution for Spirig’s
skin care and dermatol-
ogy products.
Stada
Arzneimittel
AG
Leading provider
of OTC and
generic drugs
Germany
Acquired 100% of
Business Operations
Spirig
Healthcare AG
OTC & generic
drugs carve-out of
Spirig Pharma AG
Switzerland
Advised on Carve-out
/ Sale of a Business
Unit
Advised the owners
of Spirig Pharma on
the sale of its generic
drugs and OTX busi-
ness unit. The business
unit was spun off into
a new legal entity,
which was then sold to
STADA. The transac-
tion was initiated to
leverage accelerating
global consolidation
in the generic drugs
industry.
Fagron BV /
Arseus NV
Pharmaceutical
compounding
Netherlands
Sold Remaining 49%
Stake
Unit Dose
Packaging BV
Innovative
medical unit dose
packaging
Netherlands
Advised on Sale of
Company
Advised Hanto Invest,
Allcare 4 IT and 4C
Care & Consultancy in
their sale of patents re-
garding single packag-
ing of pharmaceuticals
to Fagron NV a listed
company.
SBK Holding
Turkey-based
conglomerate
Turkey
Acquired 100% of
Business Operations
Betasan
Manufacturer of
bandages and
plasters
Turkey
Advised on Purchase
of Company
Advised SBK Holding,
the Turkey-based
conglomerate, on its
acquisition of Betasan
Bant, the first Turkey
based manufacturer
of adhesive bandages,
flexible bandages and
plasters.
33
Undisclosed
HNW
Individual
Financial investor
France
Acquired 100% of
Business Operations
FLAMARC
Distribution of
consumables to
dental labs
France
Advised on Sale of
Company
Advised the sale of
FLAMARC to an exter-
nal manager. Founded
in 1979, FLAMARC is
an innovative company
specialized in manufac-
turing and distribution
of high end consum-
ables for dental techni-
cians.
Lincare
Holdings
Respiratory,
infusion therapy
& medical equip
United States
Acquired Selected
Assets of Business
Operations
Wright &
Filippis Non
Clinical Group
Prosthetics &
orthotics
United States
Advised on Sale of
Company
Lead a sale process for
Wright Filippis noncore
Sleep Therapy, Respi-
ratory and DME service
lines. The transaction
represents a significant
step in the Com-
pany’s ultimate goal of
refocusing on its core
Prosthetics, Orthotics,
Mobility and Acces-
sibility businesses.
Silver Peak
Partners
Private Equity Firm
United States
Acquired 100% of
Business Operations
MedSource
Incorporated
Sales and
distribution of
durable medical
equipment
United States
Advised on Sale of
Company
Advised MedSource
Inc, a distributor
and seller of durable
medical equipment, to
Silver Peak Partners, a
Private Equity Firm.
EMKA TECH-
NOLOGIES
Instruments for
medical research
France
Acquired 100% of
Business Operations
SCIREQ
Respiratory
research
equipments
Canada
Advised on Purchase
of Company
Advised EMKA
Technologies in the ac-
quisition of 100% of the
share capital of SCIREQ
Scientific Respiratory
Equipement Inc., a
Canadian designer and
manufacturer of pre-
clinical equipment for
respiratory research.
Fort Mobile
High net worth
individual looking
for new platform
United States
Acquired 100% of
Business
Quality Mobile
X-Ray
Mobile x-ray
service provider to
nursing homes
United States
Advised on Purchase
of Company
Advised Fort Mobile on
its acquisition of Quality
Mobile X-Ray Services,
an x-ray services pro-
vider.
BIOVENDOR
- Laboratorni
Medicina a.s.
Supplier of in-
vitro diagnostics
products
Czech Republic
Acquired Part of the
Seller’s Business
Merebit s.r.o.
R&D of laboratory
equipment
Czech Republic
Advised on Sale of
Part of the Business
Advised Merebit,
a R&D of labora-
tory equipment
company, on its sale to
BioVendor, a supplier
of in-vitro diagnostics
products.
34 / Healthcare
MedicalDevices-EquipmentandDiagnostics
LDC backed
management
team
UK-based Private
Equity House
United
Kingdom
Acquired 100%
Prism UK
Medical Ltd
Moving and
handling
equipment
manufacturer
United
Kingdom
Raised Debt Funding
Advised Toronto-based
Prism Medical Ltd
on the sale of its UK
subsidiary, through a
management buyout
backed by LDC.
LifeLabs Inc
Medical
laboratory testing
services
Canada
Acquired
BC Biomedical
Laboratories
Ltd
Medical
laboratory testing
services
Canada
Advised on Sale of
Company
Advised BC Bio-
medical on its sale
to LifeLabs. Both
companies provide
patient diagnostic and
lab testing services, as
well as home care and
long-term care visits.
The two companies are
merging to better serve
BC patients and their
health providers.
LDC backed
management
team
UK-based Private
Equity House
United
Kingdom
Acquired 100% of
Business Operations
Prism UK
Medical Ltd
Moving and
handling
equipment
manufacturer
United
Kingdom
Advised on Sale of
Company
Assisted Prism Medical
on its strategic objec-
tive to exit the UK via
the sale of its UK
subsidiary through an
MBO backed by LDC.
IMAP also advised
the acquirer on debt
financing for the trans-
action, after running a
competitive process
with funders.
35
Mediplast AB
Distribution
of disposable
medical products
Sweden
Acquired 100% of
Business Operations
ErgoNordic AB
Distribution
of disposable
medical products
Sweden
Advised on Sale of
Company
Advised ErgoNordic, a
distributor of products
within ostomy care,
surgery and wound
care, in their sale to
Mediplast, a Nordic
leader within dispos-
ables for the medical
sector, with subsid-
iaries in all Nordic
countries.
BENU Ceska
Republika a.s.
Pharmacy chain,
part of PHOENIX
Intl.
Czech Republic
Acquired 100% of
Shares
VEROPHARM
a.s.
Pharmacy chain
Czech Republic
Advised on Sale of
Company
Advised VEROPHARM,
a pharmacy chain
based in Czech
Republic, on the sale
of 100% of its shared to
BENU Ceska Republika,
a­nother pharmacy
chain part of PHOENIX
Int.
Elements
Behavioral
Health
Provides
behavioral health
care programs
United States
Acquired 100% of
Business Operations
Park Bench
Group
A drug & alcohol
treatment center
United States
Advised on Sale of
Company
Advised Park Bench
Group, a progressive
addiction treatment
center specializing in
therapies for drug and
alcohol abuse, on its
acquisition by Elements
Behavioral Health.
Elements is a family of
behavioral health care
programs that offers
comprehensive, in-
novative treatment for
substance abuse, sexu-
al addiction, trauma,
eating disorders and
other mental health
disorders.
FIZAN BIS 2
PZU SA
Investment Fund
Poland
Acquired Majority
Control of Business
Operations
ELVITA
Jaworzno III
Sp. z o.o.
Healthcare and
diagnostics,
occupational
medicine
Poland
Advised on Sale of
Company
Advised TAURON, # 2 in
Polish power generat-
ing sector, in the sale
of 7 clinics operated
by health care firm
Elvita Jaworzno III.
The transaction was
envisa­ged as an
element on TAURON’s
disposal of its non-core
assets. The company
was acquired by TFI
PZU, a fund managed
by Poland’s largest
insurer PZU S.A.
OtherHealthcare PatientServices(HMOs,Hospitals,Sr.Facilities)
Advised Aamco
Medical, a Lehi-based
provider of medical
equipment, on its ac-
quisition by Silver Peak
Partners. The deal is in
line with Silver Peak’s
investment strategies
for small companies.
Silver Peak
Partners
Private Equity Firm
United States
Purchased 100% of
Business Operations
Aamco
Medical
Sales and
distribution of
durable medical
equipment
United States
Advised on Sale of
Company
Allied Irish
Bank
Banking institution
United
Kingdom
Provided Term Loan
Facility
Vanguard
Healthcare
Group Ltd
Provider of mobile
surgical facilities
United
Kingdom
Represented the
Borrower
Vanguard Healthcare
Solutions has raised
£16.5 million in a debt
refinancing deal with
high street bank AIB, in
a transaction advised
by IMAP.
Fiba Sagˇlik
Yatirimlari
A.S.
Fiba Group
Company engaged
in operating
hospitals
Turkey
Acquired Investment
Interest
Florence
Nightingale
Hastaneleri
Holding A.S.
One of the most
pretigious health
groups in Turkey
Turkey
Advised on Sale of
Company
Advised Florence
Nightingale Hastaneleri
Holding, Turkey based
health group, in its
50% stake sale to Fiba
Sagˇlik Yatirimlari, a
Fiba Group Company.
36 / Healthcare
PatientServices
(HMOs,Hospitals,Sr.Facilities)
Industrials
Up to $500M	
Source: Thomson Reuters
	1	 PwC
	2	 KPMG
	3	 IMAP
	4	 Ernst & Young LLP
	5	 Deloitte
5*	BDO
	7	 Lincoln International
	8	 Mizuho Financial Group
	9	 Rothschild
	10	 M&A International
Cambian
Group plc
Provider of
specialist
behavioural health
services
United
Kingdom
Acquired 100% of
Business Operations
Ansel Ltd
Specialist
personality
disorder services
United
Kingdom
Advised on Sale of
Company
Advised The Ansel
Group (Ansel), a
specialist in personal-
ity disorder services,
on its sale to London
Stock Exchange-listed
Cambian Group.
Aerospace
andDefense
Intro Aviation
GmbH
Specialists
in airline
restructuring
Germany
Acquired 100% of
Business Operations
CityJet
Regional business
airline
Ireland
Advised on Sale of
Subsidiary
Advised Air France on
the sale of its Irish sub-
sidiary CityJet to INTRO
Aviation GmbH, a
subsidiary of the INTRO
Group. Intro Aviation
focuses on restructur-
ing airlines and CityJet
is its eleventh such
investment.
Komercni
banka a.s.
Leading merchant
bank in the Czech
Republic
Czech Republic
Provided Entire
Refinancing of the
Project
TESLA Jihlava
a.s.
Leading
mechatronic
composite parts
provider
Czech Republic
Advised on Restruc-
turing of Debt and
Debt Refinancing
Advised on restructur-
ing of debt and debt
refinancing.
Webasto SE
Cooling & heating
systems for car,
truck & offroad
Germany
Acquired 100% of
Business Operations
Hebei Nanfeng
Automobile
Equipment
Group Co.,
Ltd.
Heating devices
for buses and
trucks
China
Advised on Purchase
of Company
Advised Webasto
Thermo & Comfort
SE on the acquisition
of 70% of the shares
of Heibei Southwind
Automobile Equipment
(Group) Co., Ltd.; Hei-
bei, China. Through this
acquisition, Webasto
has taken a solid step
in the fast-growing
Chinese market and
consolidated its market
leader position.
AutomobilesandComponents
37
Mercedes
AMG GmbH
Mercedes-Benz
automobiles
Germany
Acquired Investment
Interest
MV Agusta
Motor SpA
Production of
exclusive and
sport motorbikes
Italy
Advised on Sale of
Company
Advised MV Agusta
Motor, leader in the
manufacturing and
distribution of exclusive
and sport motorbikes,
in opening its share
capital to Mercedes-
Benz, German automo-
tive leader.
Regimen
Equity
Partners
Private Equity
investor
Canada
Acquired 60% of the
Business
CRS
Cranesystems
Inc
Overhead bridge
crane service
Canada
Advised on Sale of
Company
Advised CRS Cranesys-
tems on its sale to the
Private Equity investor
Regimen Equity
Partners.
Per Vannesjo
Industri AB
Industrial
conglomerate
Sweden
Acquired 100% of
Shares
Ess Kå
Metallindustri
AB
Producer of
hydraulic pressed
components
Sweden
Advised on Sale of
Company
Advised Ess Kå
Metallindustri AB,
a leading Swedish
supplier of hydraulic
pressed and eccentric
pressed components
to the heavy vechicle
industry.
This transaction will
generate both Ess
Kå Metallindustri
and Ekenäs Mekani-
ska a well-balanced
customer and product
portfolio, as well as
improved cross-selling
potential.
TEGR, a.s.
SPV
Czech Republic
Acquired 65% of the
Company
Telcska
Strojirenska,
a.s.
High precision
automotive
engines parts
producer
Czech Republic
Advised on Sale of
65% Shares
Advised on sale of
65% shares of Telcska
Strojirenska to TEGR.
38 / Industrials
AutomobilesandComponents
TA Holding
GmbH,
Obermark
Value
Private Equity
company
Germany
Acquired 100% of
Business Operations
THUN
Automotive
GmbH
Automobile
supplier
Germany
Advised on Sale of
Company
Advised an investment
fund on the acquisition
of 100% of the shares
of THUN Automotive
GmbH, Gevelsberg.
Merlinum AB
Private industrial
investment
company
Sweden
Acquired 100% of
Business Operations
Swepart
Transmission
AB
Manufacturer of
gearboxes and
gearwheels
Sweden
Advised on Sale of
Company
Advised Hexagon on its
divestment of SwePart.
Taken private by Hexa-
gon in 1999, SwePart,
with EBP, comprised
Hexagon’s “Other
Operations” division.
EBP was sold in 2013;
this deal is in alignment
with Hexagon’s strat-
egy to focus on its core
business.
Western
Power Sports
Distributor of
power sports
equipment
United States
Acquired Selected
Assets of Business
Operations
Marshall
Distributing
Distributor of
winter sporting
goods
United States
Advised on Sale of
Company
Advised Marshall Dis-
tributing on its sale to
Western Power Sports,
a catalog-based whole-
saler of a wide range of
aftermarket parts and
accessories, as well as
sports apparel, for the
powersports market.
The transaction ex-
ceeded initial expecta-
tions and provided not
only complete recovery
to the lenders, but also
equity return to the
shareholders.
39
SIG plc
Distributor
insulation and
ventilation
products
United
Kingdom
Acquired 100% of the
Business
Multijoint
Distributor of
insulation and
ventilation
products
Switzerland
Advised on Sale of
the Company
Advised Multijoint, a
distributor of insulation
and ventilation prod-
ucts, on its sale to SIG.
Building/ConstructionandEngineering
Inter IKEA
Investments
AB
Investment group
Sweden
Acquired 40% of
Business Operations
Ryds Bilglas
AB
Leading vehicle
glass repair and
replacement
group
Sweden
Advised on Sale of
Company
Advised Ryds Bilglas
on its sale of a 40%
stake to Inter IKEA
investments. The deal
provides Ryds with an
opportunity to build a
stronger platform. Dur-
ing the deal process,
Ryds Bilglas acquired
Sweden’s third largest
glass player, Samglas.
Grupo
Gerencial
Private investors
Argentina
Acquired 70% Shares
Mecanismos
International
SA
Argentine market
of OEM
Argentina
Advised on Purchase
of Company
Advised Mecanismos
International SA, a
Buenos Aires-based
manufacturer of motor
vehicle parts, on the
divestment of a 70%
interest in the company
to an undisclosed ac-
quirer.
Yellow Dot,
Inc.
Private Equity
United States
Acquired 100% of
Business Assets
Yellow Dot,
LLC
HVAC Installer &
Servicer
United States
Advised on Sale of
Company
Advised Yellow Dot
Heating and Air
Conditioning in its
sale to a family office.
Yellow Dot Heating
and Air Conditioning
is a leading provider
of HVAC installation
and services to the
residential and com-
mercial markets in
North Carolina.
Management
team
Holding company
of the managers
France
Acquired 100% of
Business Operations
BASTIDE
BONDOUX
Thermic
engineering
services company
France
Advised on Sale of
Company
Advised EDF in the sale
of Bastide Bondoux to
the management team.
Bastide Bondoux is a
thermic engineering
firm located in the
Rhône-Alpes region
and specialized in
residential home.
Arco Limited
Distributor of PPE
United
Kingdom
Acquired 100% of
Business Operations
Total Access
(UK) Limited
Provider of
equipment and
training
United
Kingdom
Advised on Sale of
Company
Advised height safety
services provider Total
Access (UK) Ltd on its
sale to Arco Ltd, a lead-
ing supplier of safety
equipment, training &
consultancy.
SSG Sahala Oy
Industrial
maintenance and
service provider
Finland
Acquired 100% of the
Shares
Myllykosken
Asennuspalve-
lu Oy
Industrial
maintenance and
service provider
Finland
Advised on Sale of
Company
Advised Myllykosken
Asennuspalvelu, an
industrial maintenance
and service provider,
on its sale to SSG Sa-
hala.
Building/ConstructionandEngineering
40 / Industrials
Ahlsell
Industrial group
Sweden
Acquired 100% of
Business Operations
Almen Special
Fastener
Swedish fastening
material company
Sweden
Advised on Sale of
Company
Advised the owners
of Almen Fastener,
a company special-
ized in customized
fastening products,
in their sale to the
industrial group Ahsell,
the leading technical
trading company in the
Nordic countries within
installation products,
tools and machinery,
with operations also in
the Baltic States and
Russia.
Amsycom
Real Estate
services
France
Acquired 100% of
Business Operations
Cardete &
Huet
Architectural
company
France
Advised on Sale of
Company
Advised the founders
Francis Cardete and
Gérard Huet in the sale
of their architectural
company to the group
Amsycom. This opera-
tion allows the group
to largely enhance its
architectural division
and become a global
group in its field, able
to compete with the
big players within the
industry.
Polaris Private
Equity
Private Equity
fund
Denmark
Acquired 100% of
Business Operations
Louis Poulsen
Lighting
Production of
design lighting
fixtures
Denmark
Advised on Sale of
Company
Advised Targetti, an
Italian leader in the
architectural lighting
sector, in the disposal
of a 100% stake in Louis
Poulsen, a Danish op-
erator in the design
lighting sector, to the
Private Equity Fund
Polaris.
41
M.T. SARL
Holding company
of the buyer
(private individual)
France
Acquired 100% of
Business Operations
SOCRA
Restoration
of historic
monuments and
works of art
France
Advised on Sale of a
Subsidiary
Advised Vinci
Construc­tion in the
sale of SN Socra to
the managing director,
associated with a
regional entrepreneur.
SN Socra is now
ready to start to grow
outside of France
under the leadership
of its new manage-
ment team.
Axtone sp. z
o.o.
Prailcar
components’
manufacturer
Poland
Acquired 100 % of
Business Operations
HSW Zaklad
Sprezynownia
sp z o.o. - HSW
ZS
Manufacterer of
rolled coil springs
for rail vehicles
Poland
Advised on Purchase
of Company
Advised Axtone in the
acquisition of HSW
Sprezynownia sp. Z
o.o., the sole producer
of hot formed coil
springs in Poland. The
transaction was fo-
cused on strengthening
Axtone position in rail
springs and followed
the acquisition of Ger-
man L&S in 2012.
L’Albaron
Maintenance and
electrical works
France
Acquired 100% of
Business Operations
Holley Duran
Plumbering works
France
Advised on Purchase
of Company
Advised L’Albaron for
the acquisition of a
majority stake in Holley
Duran. The family
group, Albaron is spe-
cialized in maintenance
and small construction
works. The acquisition
of the company Holley
Duran in Vincennes
allows the group to
create a plumbing and
heating branch in Paris
region.
Management +
PEG
Management +
PEG
France
Acquired 100% of
Business Operations
Groupe Wings
Electrical works
France
Advised on Sale of
Company
Advised the restructur-
ing of the Group Wings:
Stéphane Lericq
(Managing Director for
4 years), the managers
and BNP DEV (PEG)
became majority share-
holders of the Group.
The Group Wings is
one of the main actors
in the electrical instal-
lations sector in the
Paris region.
Panostaja Oyj
Listed Private
Equity Firm
Finland
Acquired 100% of the
Shares
KotiSun Oy
Standardized
HV projects
for domestic
properties
Finland
Advised the Sellers
Advised KotiSun Oy,
a water and heating
network renovation
services provider, on
its sale to Panostaja
Oyj. The deal enables
Panostaja to expand its
business operations to
a new business area
specializing in building
technology renovation
for houses.
Management
team backed
by minority
shareholder of
entity
Construction -
excavations and
civil engineering
Poland
Management Buy Out
Gollwitzer
Polska sp. z
o.o.
Construction -
excavations and
civil engineering
Poland
Advised on Sale
of 75% Stake in
Subsidiary
Advised the civil
engineering company
Harald Gollwitzer
GmbH on the sale of its
75% stake in Gollwitzer
Polska Sp. z o.o. As
part of a MBO, the
family of the polish
managing director Jan
Michna, together with
the technical manager,
increase their 25%
stake to 100%. Both
Gollwitzer companies
will continue their
existing successful co-
operation in Germany
and Poland.
Altrad
Stellingbouw
Balliauw
Active in
scaffolding
& industrial
insulation
Belgium
Acquired 100% of
Business Operations
Profix Group
Active in
scaffolding
& industrial
insulation
Belgium
Advised on Sale of
Company
Advised Profix Group,
a company active
in scaffolding and
industrial insulation, on
its sale to Altrad Stel-
lingbouw Balliauw.
Building/ConstructionandEngineering
42 / Industrials
Masonite
International
Corporation
Global designer
and manufacturer
of doors
United States
Acquired 100% of
Business Operations
Door-Stop
International
Ltd
Manufacturer of
composite exterior
doorsets
United
Kingdom
Advised on Sale of
Company
Advised the share-
holders of Door-Stop
International on the
cross-border sale to
Canadian trade buyer
Masonite International.
The transaction allows
Masonite to strengthen
its global manufac-
turing network and
provides a gateway
into the UK composite
entrance door market.
Via Venture
Partners
Private Equity Firm
Denmark
Acquired Majority
VB Enterprise
A/S
HV installation &
service - Offshore
Wind
Denmark
Advised on Sale of
Company
Advised VB Enterprise,
the global market
leader in installation
and O&M services for
high-voltage compo-
nents to the offshore
wind turbine industry,
on its sale to Via Ven-
ture Partners, a Danish
PE Group focusing on
companies within the
Scandinavian SME-
segment.
Regimen
Capital
Partners
Private Equity
Firm targeting
industrial business
Canada
Acquired a 50%
Interest
TVE Industrial
Services Ltd.
Industrial services
and maintenance
provider
Canada
Represented the
Seller
Represented TVE In-
dustrial Services on the
sale of a 50% interest to
Regimen Capital Part-
ners, a Private Equity
Firm targeting industrial
businesses.
43
Sec Partners
& Ciclad
Private Equity
Group
Switzerland
Acquired Investment
Interest
F Bernasconi
& Cie SA
A leading
construction &
civil engineering
group
Switzerland
Advised on Sale of
Company
Advised Bernasconi on
the reorganization of
its shareholding with
the Geneva-based
Private Equity Firm
SEC Partners and the
French Private Equity
Fund Ciclad. The invest-
ment is in line with
Bernasconi’s growth
strategy within the
Suisse romande region.
MiTek
Industries
Supplier of
structural
connector systems
United States
Acquired 100% of
Business Operations
Benson
Industries llc
Provider
of custom
curtainwall and
cladding
United States
Advised on Sale of
Company
Advised on the sale of
Benson Ind. to MiTek
Ind., a subsidiary of
Warren Buffett’s
Berkshire Hathaway
Inc. Benson is the
global leader of custom
unitized curtain wall
systems for high-end
commercial buildings
worldwide.
Prosperus FGS
Private Equity
Fund
Croatia
Acquired 26,5%
Minority Share -
Increase in Capital
Vodoskok d.d.
& Heplast -
pipe d.o.o.
Leading whole-
saler&producer of
pipes and fittings
Croatia
Advised on Sale of
Company
Advised Vodoskok on
its sale of a minority
stake to Private Equity
company Prosperus-­
Invest. Funds will be
used for further devel-
opment and invest-
ments in upgrading the
production facilities in
Vodoskok’s subsidiary.
Machinery
Management
of the UK
municipal
division of
Ovivo Inc
Wastewater
treatment
equipment and
services
United
Kingdom
Acquired Selected
Assets
Ovivo Inc
Global provider of
solutions for water
treatment
Canada
Advised on Purchase
of Company
Advised on the
management buyout
of the Midlands-based
municipal arm of
Canadian-listed group
Ovivo (TSX: OVI).
Dr. Dieter Mur-
mann Beteili-
gungsgesell-
schaft mbH
German Family
Office
Germany
Acquired 100% of the
Shares
Profilator
Group
Specialized
machine tool
manufacturer
Germany
Advised on Sale of
Company
Advised the Profilator-
Group on selling their
shares to Dr. Dieter
Murmann Beteili-
gungsgesellschaft
mbH, including all
locations in Germany
and the USA from the
founding shareholding
company Wera Werk
Hermann Werner
GmbH & Co.KG.
Atlantic
Capital
Private Equity
Netherlands
Acquired 100% of
Business Operations
Viba N.V.
Technical trading
company in
mounting
solutions
Netherlands
Advised on Purchase
of Company
Advised management
of Viba, a wholesaler
of industrial fixing sys-
tems and automotive
parts, in the process of
de-listing the company
and the sale to Atlantic
Capital, a Dutch Private
Equity Firm.
Wagner
Holding GmbH
Family Office of
an entrepreneurial
family
Germany
Acquired 30% of
Business Operations
Mamito GmbH
System supplier
to support deep
frying processes
Germany
Advised on Acquisi-
tion of Portfolio
Company
Advised Wagner
Holding GmbH on the
acquisition of a 30%
stake in Mamito GmbH,
thereby expanding its
portfolio of innovative
SMEs in the sustain-
able food sector.
Sarea Group
Private Equity
fund
Canada
Acquired 100 % of
Business Operations
Redecam
Equipment to
complex flue gas
treatment system
Italy
Other - Distressed
M&A
Advised Redecam,
Ita­lian leading Group in
the design, manufactu­
ring and installation of
solutions ranging from
simple filtration equip-
ment to complex flue
gas treatment systems,
on the disposal to Sarea
Group, a Canadian
Private Equity fund, by
executing a complex
financial restructuring
agreement with a pool
of financial institutions.
TES Industries
Holding B.V.
Holding company
Netherlands
Acquired 100% of
Business Operations
Holding TES
Industrial
Systems B.V.
Development
and production
of crane drive
concepts
Netherlands
Advised on Purchase
of Company
Advised TES Industries
Holding B.V. with the
100% acquisition of
Holding TES Industrial
Systems. TES Industrial
is active in the develop-
ment and production
of drive concepts for
cranes in container,
bulk handling, heavy
lift, steel and aluminum
industries, conveyors,
winches across the
world.
44 / Industrials
Machinery
Machine
Solutions
Equipment
manufacturer
for healthcare
industry
United States
Acquired 100% of
Assets
Steeger USA
Braiding
machinery
manufacturer
for healthcare
industry
United States
Advised on Sale of
Company
Advised Steeger USA
in its sale to Forsyth
Capital, a financial
buyer. Steeger USA is
a leading manufacturer
of braiding manufac-
turing equipment for
the medical device
industry.
Private
Investor
Private investor
Belgium
Acquired 100% of
Business Operations
Firma Léon
Callot
European
distributor of
needles and spare
parts
Belgium
Advised on Sale of
Company
Advised on the sale of
Firma Leon Callot, and
european distributor
of needles and spare
parts, to a private
investor.
Lakics Kft.
Production of
welded steel-
constructions
Hungary
Acquired Majority
Control of Business
Operations
Rutin Kft.
Manufacturing
and erection of
steel structures
Hungary
Advised on Sale of
Company
Advised Rutin, a
company specialised
in manufacturing and
erecting steel struc-
tures, on its sale to
Lakics, a production of
welded steel construc-
tions company.
45
Neptune
Marine
Maritime service
provider
Netherlands
Acquired 100% of
Business Operations
Stagro
Hydraulics
B.V.
Hydraulics
Netherlands
Advised on Sale of
Company
Advised Stagro
Hydraulics, active in
hydraulic systems,
components and ser-
vices for the dredging
industry in their sale
to Neptune Shipyards.
Neptune Shipyards
is a maritime service
provider, specialized
in workboats for the
offshore and dredging
markets.
Logopak
Systeme
GmbH & Co.
KG
Manufacturer of
labeling systems
Germany
Acquired 100% of
Business Operations
LSS
Etikettering
A/S
Manufacturer of
labeling systems
Denmark
Advised on Sale of
Company
Advised LSS Etiketter-
ing, the leading manu-
facturer of customized
labeling systems in
Scandinavia, on its sale
to Logopak Systeme,
a top European manu-
facturer of logistical
integrated labeling
systems. The acquisi-
tion provides numerous
synergies to both
companies without loss
of independence.
Stone Pointe,
LLC
Private Equity
Group
United States
Provided
Recapitalization
Options
Vapor Power
International
LLC
Manufacturer
boilers &
generators for
industrial use
United States
Advised on Recapi-
talization of Company
Advised Vapor Power
International, LLC on
its recapitalization by
Stone Pointe, LLC and
management. Vapor
Power manufactures
boilers, steam genera-
tors, thermal fluid heat-
ers and electric boilers
for use in industrial,
commercial, marine
and military boiler
applications around the
globe.
46 / Industrials
Machinery
Groupe JBT
Production
of plastic
components
France
Acquired 100% of
Business Operations
Kaona
Injection moulding
of plastic parts
Hungary
Advised on Purchase
of Company
Advised Groupe JBT, a
company specialised
in the production of
plastic components, on
its acquisition of Kaona,
an injection moulding of
plastic parts company.
Corning
Incorporated
Provides end-end
fiber & coper
product solutions
United States
Acquired 100% of
Business Operations
TR
Manufacturing
Manufactures fiber
optic & copper
cable
United States
Advised on Sale of
Company
Advised TR Manu-
facturing, a leading
provider of fiber-optic
and copper cable, com-
ponent interconnects
and electro-mechani-
cal assemblies, on its
acquisition by Corning,
a global provider of
connectivity solu-
tions for every part of
the communications
network.
OtherIndustrials
RENA GmbH
Equipment and
chemical process
technology
Germany
Capital Injection
Stulz H+E
Holding GmbH
Technology water
purification &
renewable energy
Germany
Advised on Purchase
of Company
Advised RENA, a
leading supplier of
production systems for
the wet chemical pro-
cessing of substrates
for the photovoltaics
and semiconductor
industries, on a capital
injection to Stulz H+E.
The transaction will
foster further growth of
the SH+E Group.
Guangxi
Liugong
Machinery
Leading Chinese
construction
equipment
manufacture
China
Acquired 100% of
Business Operations
Division I HSW
S.A.
Producer of
construction
equipment
Poland
Advised on Sale
of a Division of the
Company
Advised Huta Stalowa
on its sale of a divi-
sion to China-based
LiuGong Machinery.
The deal is expected to
strengthen LiuGong’s
market position.
LiuGong Machinery
has a publicly-stated
goal of becoming one
of the world’s top 10
construction equipment
manufacturers by 2015.
American
Crane Group
Newly formed
parent company
of AE & 4OCG
United States
Acquired 100% of
Business
4OCG
Overhead crane
service company
United States
Advised on Merger
with American
Equipment
Advised 4OCG, an
overhead crane
service company, on its
merger with American
Equipment. A parent
company, American
Crane Group, was also
formed in the process.
47
NES
Investments
II BV
Private Equity
Firm
Netherlands
Acquired Majority
Control of Business
Operations
Adesso Valve
BV
Production and
sales of subsea
valves
Netherlands
Advised on Sale of
Company
Advised Nostro Futuro
BV on their sale of a
majority of the shares
of Adesso Valve BV,
a valve manufacturer
specialised in subsea
valves for the offshore,
to NES II BV, a Dutch
Private Equity Firm.
Conair
Corporation
Household &
personal products
United States
Acquired 100% of
Business Operations
Corporacion
Milenium
Distribution of
household &
personal products
Mexico
Advised on Sale of
Company
Advised Corporacion
Milenium, a private
family-owned Mexican
company, on the sale
of 100% of its shares
to Conair Corporation,
one of the 200 largest
privately-owned
companies in the US.
Corporacion Milenium
is a leading distribu-
tor of household &
personal care products
in México.
NIBE
Industrier AB
(PUBL)
An international
heating
technology
company
Sweden
Offer to Acquire
100% of the of the
Outstanding Shares
of WaterFurnace
Renewable Energy,
Inc.
WaterFurnace
Renewable
Energy, Inc.
Geothermal and
water source heat
pumps
United States
Financial Advisor
to the Independent
Committee of Water-
Furnace Renewable
Energy, Inc.
Acted as financial advi-
sor to the Special Com-
mittee of the board of
directors of WaterFur-
nance, and provided a
fairness opinion to the
Special Committee sup-
porting the proposed
transaction.
Xingyu
Automotive
Lighting
Systems Co.
Ltd.
Manufacturer
of automotive
luminaires
China
Acquired 70% of the
Shares
Neue I&T
GmbH
Manufacturer
of extruded flat
flexible cables
Austria
Advised on Sale of
the Company
Advised Neue I&T
GmbH on its sale of
70% of its shares to
Xingyu Automotive
Lighting Systems Co.
Ltd. With the acquisi-
tion of the Neue I&T
GmbH in Austria and
its patented produc-
tion of extruded flat
flexible cables, Xingyu
can extend its product
range to other indus-
tries as well as launch
a new generation
of luminaires for the
automotive industry
through a smaller and
lighter design.
Lagercrantz
Group AB
Industrial
conglomerate
Sweden
Acquired 100% of
Business Operations
Load Indicator
AB
Manufacturing
of load cells and
torque sensors
Sweden
Advised on Sale of
Company
Advised Load Indicator,
a niche company active
within designing and
manufacturing of load
cells, force sensors and
torque sensors, in their
sale to Lagercrantz
Group.
Carmanah
Technologies
Corp
Solar technology
Canada
Acquired 100% of
Business Operations
SOL Inc
Solar technology
United States
Other
Provided fairness
opinion.
OtherIndustrials
48 / Industrials
LDC
Private Equity
United
Kingdom
Acquired 100% of
Business Operations
Angus Fire Ltd
Manufacturer
of fire fighting
products/
technology
United
Kingdom
Advised on Purchase
of Company
Supported the £62
million MBO of Angus
Fire from NYSE-listed
United Technology
Corporation. PE firm
LDC took a major
equity stake in the
newly-created entity
as part of the deal; will
capitalize on growing
global demand for its
products within the oil
& gas sector.
Worthington
Cylinders Corp
Diversified metals
manufacturer
United States
Acquired 100% of
Business Operations
Westerman
Cos
Manufacturer
of oil and gas
productin units
United States
Advised on Sale of
Company
Advised Westerman
Companies, the only
North American ma­
nufacturer of enriched
UF6 storage/transpor-
tation cylinders for the
nuclear industry, on
its sale to Worthington
Cylinders Corp, a
unit of Worthington
Industries Inc.
Danube SCA
Sicar
Private Equity Firm
Luxembourg
Acquired 100% of
Business Operations
Ramirent Oyj
Equipment rental
company
Hungary
Advised on Purchase
of Company
Advised Danube on
the acquisition of the
operations of Ramirent,
a provider of machi­
nery rental services,
in a leveraged buyout
transaction. This falls in
with Danube’s strategy
to enter new markets.
ILAN
German Family
Office
Germany
Acquired 51% of
Business Operations
LemTec Innova
GmbH & Co.
KG
Manufacturer
of lighting
equipment&
electric lambs
Germany
Advised on Pur-
chase of Majority
Participation
Advised ILAN, a Ger-
man Family Office on
the acquisition of 51%
of the business opera-
tions of LemTec Innova
GmbH & Co. KG. With
this strategic transac-
tion, ILAN was able to
expand their invest-
ment portfolio in the
field of light systems.
49
Bank of
America
Bank
United States
Provided Revolving
Credit Facility
American
Micro
Products
Precision
machining
company serving
the transport
United States
Advised on the
Placement of Debt
Advised on the refi-
nancing of American
Micro Products, Inc.
DEKRA CZ a.s.
Global automotive
& industrial expert
organisation
Czech Republic
Asset Deal
TMW, a.s.
Selected assets
- technical
inspection center
Czech Republic
Advised on Purchase
of Company
Advised Dekra, a global
automotive and indus-
trial expert organisa-
tion, on the acquisition
of TMW’s selected
assets.
Transportationand
Infrastructure
FB Capital
Private Equity
Firm
United
Kingdom
Provided Growth
Funding
Parcel Monkey
Ltd
Online aggregator
of freight services
United
Kingdom
Advised on the
Placement of Equity
Acted for Parcel
Monkey in a £1 million
investment from Private
Equity Firm, Frost
Brooks. The Parcel
Monkey Group, is a
group of eCommerce
service companies
consisting of three
brands- Parcel Mon-
key, Cloud Fulfilment
and KONG.
MALHERBE
Fast growing
transportation
group, PEG owned
France
Acquired Majority
Control of Business
Operation
ADVANCE
CODIMAS
General logistics
and freight
forwarding group
France
Advised on Sale of
Company
Advised the sale
of CODIMAS to
MALHERBE GROUP.
CODIMAS is a special-
ist of high end logistics
with a revenue of €
15 million and a total
headcount of 100 em-
ployees. MALHERBE is
the third French goods
transportation in lots
and bulking.
CataCap
Management
ApS
Danish PEG
focused on the
SME market
Denmark
Acquired Majority
Control of Business
Operations
Handicap-
Befordring &
Colum-bus
Provider of special
care transport
services
Denmark
Advised on Sale of
Company
Advised on the merger
of Handicap-Befordring
and Colum-bus, the
clear market leader
within special care
transport services in
Denmark, on its sale
to CataCap, a Danish
Private Equity group
with a focus on compa-
nies with high growth
potential within the
Danish SME-segment.
Chemicals
Materials
Up to $500M
Source: Thomson Reuters
	1	 KPMG
	2	 PwC
	3	 Ernst & Young LLP
	4	 BDO
	5	 IMAP
	6	 Deloitte
	7	 Morgan Stanley
	8	 Barclays
	9	 Mizuho Financial Group
	10	 Rothschild
Blackford
Capital LLC /
Amtech, LLC
Midwest based
Private Equity
Firm
United States
Acquired Majority
Control of Business
Operations
McClarin
Plastics, Inc.
Designer &
manufacturer of
thermoformed
plastic
United States
Advised on Sale of
Company
Advised McClarin
Plastics, a designer
and manufacturer of
thermoformed plastic,
on its sale to Blackford
Capital LLC / Amtech.
Siparex, BPI
France and
Management
PEG
France
Acquired 100% of
Business Operations
Duralex
Peintures
Paints
manufacturing for
professionals
France
Advised on Sale of
Company
Advised Initiative &
Finance in the sale of
Duralex Peintures to
Siparex Proximite Inno-
vation and BPI France,
allowing the actual
manager to increase its
stake in the company.
Vertellus
Specialties
Chemicals
manufacturer
United States
Acquired 100% of
Business Operations
Pentagon
Chemicals
Chemicals
manufacturer
United
Kingdom
Advised on Sale of
Company
Pentagon Chemicals
Holdings, the UK
chemical manufacturer,
has been acquired by
US group Vertellus in
a deal advised by IMAP.
51
Indorama
Corporation
Pte. Ltd.
Manufacturer of
industrial products
Singapore
Acquired Majority
Control of Business
Operations
Industries
Chimiques du
Sénégal (ICS)
Phosporic acid
producer
Senegal
Advised on Sale of
Company
Archean Group (Arche-
an) divested its fertilizer
business in Senegal viz.
Industries Chimiques
du Sénégal (ICS) to
Indorama Corporation
(Indorama). The deal
marks a successful
exit for Archean which
had entered ICS in
2008 through a JV with
IFFCO and the Govern-
ment of Senegal.
Lotorp
Industrial group
Sweden
Acquired 100% of
Business Operations
Candor
Sweden
Chemical and
metal supplier
Sweden
Advised on Sale of
Company
Advised the owners of
Candor in the sale pro-
cess to Bolagsgruppen
Lotorp, an industrial
group that acquires
and develops medium
sized businesses with
a long term view on the
investments.
Mann +
Hummel
Group
Filtration solutions
Germany
Acquired 50% of the
Business
Microdyn
Nadir GmbH
Production of
membranes
Germany
Advised on Sale of
Company
Advised Microdyn
Nadir GmbH on the sale
of 50 % of their shares
to Mann + Hummel. In
the sector water filtra-
tion with its patented
products, Microdyn
Nadir offers an optimal
addition to the already
existing product port-
folio of Mann+Hummel
(M+H). With Microdyn
Nadir, Mann+Hummel
can especially expand
its business in Europe
and USA.
ICM Products
Specialty silicone
manufacturer
United States
Acquired 100% of
Business Operations
Amber Group
Specialty silicone
manufacturer
United
Kingdom
Advised on Sale of
Company
Advised Caledonia
Investments on the sale
of Amber Chemical to
strategic US purchaser
ICM Products. This
deal represents the
ongoing consolidation
in specialty chemi-
cals, as multi-national
chemicals groups look
to grow and diversify.
Lubar & Co.
Family Office
United States
Acquired 100% of
Business Operations
ChemDesign
Products, Inc.
Provides chemical
toll processing
United States
Advised on Sale of
Company
Advised ChemDe-
sign Products Inc., a
provider of custom
toll manufacturing
services to the global
chemical industry, on
its sale to Lubar & Co.
in a secondary buyout
transaction.
52 / MATERIALS
Pohjanmaan
Rakennuspelti
Oy
Sheet metal and
glass works
Finland
Acquired 100% of
Shares
Scan-Mikael
Oy
Manufactures and
designs glass wall
systems
Finland
Advised on Sale of
Company
Advised Scan-Mikael,
a manufacturer and
designer of glass wall
systems, on the sale
of a 100% of its shares
to Scanmikael, a sheet
metal and glass works
company.
Management
Management team
Belgium
Acquired 100% of
Business Operations
RG
Tegelfabriek
Rousseau
A leading player
of ceramic tiles in
Belgium
Belgium
Advised on Sale of
Company
Advised RG Tegelfab-
riek Rousseau on the
sale of their business
operations to its man-
ager’s daughter.
Altra
Industrial
Motion Corp.
(Nasdaq:
AIMC)
Manufacturer
of power
transmission/
motion control
products
United States
Acquired 100% of
Business Operations
Guardian
Industries, Inc.
Manufacturer
of industrial
couplings
United States
Advised on Sale of
Company
Advised Guardian
Industries on its sale to
Altra Industrial Motion
Corp. in a negotiated
transaction. The buyer
viewed Guardian as
a strategic fit with its
current portfolio and an
opportunity to increase
its presence in the
country.
Inwido AB
Europe’s largest
manufacturer
of windows and
doors
Sweden
Acquired 100% of
Business Operations
JNA Vinduer
& Døre A/S
and Säästke
OÜ
Manufacturing
and sale of
windows
Denmark
Advised on Sale of
Company
Advised JNA Vinduer &
Døre og Spar Vinduer,
two leading windows
& doors marketers in
Denmark, on the sale
to Inwido, Europe’s
leading window & door
solutions provider (20
brands/ 3,100 employ-
ees in 8 countries). The
deal increases Inwido’s
presence in the grow-
ing windows & doors
online market.
ConstructionMaterials
Chettinad
Cement
Corporation
Limited
Amongst top
10 cement
manufacturers in
India
India
Acquired
Anjani
Portland
Cement Ltd.
Established
cement
manufacturer
India
Advised Buyer on
Purchase and Open
Offer Process as per
Public Market Regu-
lations in India
Advised Chettinad Ce-
ment on the acquisition
of the equity shares
held by the promoters
of APCL along with
debt in the company for
an overall Enterprise
Value of $ 60 million.
The acquisition of APCL
triggered an open offer
for 26% of equity stake
as per SEBI (SAST)
Regulations.
Construction
materials>Cement
53
MyHome
Industries-CRH
Plc
Leading cement
manufacturer in
south India. Joint
Venture with CRH
Plc
India
Acquired 100%
Shares
Sree Jayajothi
Cements
Limited
Cement
manufacturer in
south India
India
Advised Buyer on
Purchase
Advised MyHome
Industries-CRH Plc on
acquisition of 100%
equity shares of Sree
Jayajothi Cements
along with debt in the
company for an overall
Enterprise Value of
$ 230 million.
Gilde Equity
Management
Benelux
Private Equity
Netherlands
Acquired Majority
Control of Business
Operations
pack2pack
Halsteren B.V.
Industrial tinplate
packaging
Netherlands
Advised on Sale of
Company
Advised Greif interna-
tional B.V. on the carve
out of their European
tinplate packaging
subsidiary pack2pack
Halsteren B.V. to Dutch
Private Equity group
Gilde and management.
Bunzl Plc
Multinational
distribution and
outsourcing
company
United
Kingdom
Acquired 100% of the
Company
OSKAR
PLAST, s.r.o.
Distributor of
disposable
packaging
products
Czech Republic
Advised on Sale of
Company
Advised Oskar Plast, a
specialized supplier of
packaging materials on
its sale to Bunzl. The
owner has monetized
its own business and
is now managing the
entire Bunzl operation
in the Czech Republic.
ContainersandPackaging
RPC GROUP
PLC
Leading supplier
of rigid plastic
packaging
United
Kingdom
Acquired Majority
Control of Business
Operations
Helioplast doo
Leading producer
of rigid plastic
packaging in SEE
Bosnia and
Herzegovina
Advised on Sale of
Company
Advised Helioplast
doo, manufacturer and
wholesaler of plastic
containers, in its sale
of a majority interest to
UK-based RPC Group
PLC. The acquisition
offers RPC market entry
to Bosnia and Herze-
govina, strengthening
its sales and manufac-
turing position in south
east Europe.
Minemakers
Limited
Exploration,
evaluation &
development of
mineral deposits
Australia
Acquired 100% of
a Near-term Rock
Phosphate Project
Project
Baobab
Eocene-era
phosphate rock
deposit (1,553km2
conc.)
Senegal
Advised on Sale of
Assets
Advised on the disposal
of a rock phosphate
project in Senegal.
MetalsandMining
54 / MATERIALS
MetalsandMining
Gjuteriteknik
LM
Abrahamsson
AB
Zink foundry
business with
surface treatment
Sweden
Acquired 100% of
Business Operations
KH
Metallgjuteri
AB
One of the leading
zink foundries in
the Nordics
Sweden
Advised on Sale of
Company
Advised KH Metall-
gjuteri in their sale
to Gjuteriteknik LM
Abrahamsson AB.
KH is engaged in manu-
facturing and finishing
of die casted parts in
zinc to the electronics,
hydraulics, furniture
and heavy vehicle
industries.
Scorpio
Mining Corp.
Silver producer in
Mexico
Canada
Acquired 100% of
Business Operations
U.S. Silver &
Gold Inc.
Silver producer
in U.S
Canada
Advised the Buyer
Advised the special
committee of Scorpio
Mining Corp as its
exclusive advisor in the
business combination
with U.S. Silver & Gold
to complete a merger
of equals creating a
junior silver producer
with production fa-
cilities in the USA and
Mexico. The pro-forma
market capitalization
was valued at $67
million.
Klesch Group
(through Aldel
Holding BV)
Production-trading
of chemicals,
metals and oil
Switzerland
Acquired Selected
Assets of Business
Operations
Leali SpA /
Acciaieria
Valsugana
SpA
Leading player in
the Italian steel
sector
Italy
Distressed M&A
Advised Leali Group
(Leali and Acciaieria
Valsugana) in the dis-
posal of the Odolo and
Borgo Valsugana steel
plants and the partici-
pation in a subsidiary to
Klesch Group, a global
industrial commodities
business, with three
divisions specialising
in the production and
trading of chemicals,
metals and oil.
Fomas Spa
through the
subsidiary
Fomas Inc.
Production of
forgings and
seamless rolled
rings
Italy
Acquired 100% of
Business Operations
Ajax Rolled
Ring &
Machine
Production of
forgings and
seamless rolled
rings
United States
Advised on Purchase
of Company
Advised Fomas, lead-
ing manufacturer of
forgings and seamless
rolled rings, in the
acquisition of 100% of
Ajax Rolled Rings &
Machine LLC, another
player of the same
sector based in South
Carolina, US.
Portuguese
Investment
Bank
Investment bank
Portugal
Acquired Investment
Interest
I’M Mining,
Sgps, S.A.
Mining of copper
and zinc
Portugal
Advised on Sale of
Company
Was invited to advise
on the sale of a minority
stake (9%) in the I’M
Mining. I’M Mining is a
cooper and zinc mine
located in the southern
part of Portugal.
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015
DEALBOOK 2015

Mais conteúdo relacionado

Mais procurados

Strategic Report for DHL Express
Strategic Report for DHL Express Strategic Report for DHL Express
Strategic Report for DHL Express Aanchal Saxena
 
Mike Shaw CV
Mike Shaw CVMike Shaw CV
Mike Shaw CVMike Shaw
 
St Patricks Day Brochure 2016
St Patricks Day Brochure 2016St Patricks Day Brochure 2016
St Patricks Day Brochure 2016David Eccles
 
Fircroft Oil & Gas Powerpoint
Fircroft Oil & Gas PowerpointFircroft Oil & Gas Powerpoint
Fircroft Oil & Gas PowerpointShaun Garrathy
 
Faro Group Brochure Screen
Faro Group Brochure ScreenFaro Group Brochure Screen
Faro Group Brochure Screengrahampa
 
Abhishek kar business environment on dhl
Abhishek kar business environment on dhlAbhishek kar business environment on dhl
Abhishek kar business environment on dhlAbhishek Kar
 
Antal International Profile
Antal International  ProfileAntal International  Profile
Antal International ProfileNagaraj B G
 
UK Pulse Issue 4
UK Pulse Issue 4UK Pulse Issue 4
UK Pulse Issue 4Gordonmac25
 
H Sa Joe 06Jun15 (3)
H Sa Joe 06Jun15 (3)H Sa Joe 06Jun15 (3)
H Sa Joe 06Jun15 (3)Hilton Sa Joe
 

Mais procurados (15)

We are iO
We are iO We are iO
We are iO
 
DHL Case Study
DHL Case StudyDHL Case Study
DHL Case Study
 
Strategic Report for DHL Express
Strategic Report for DHL Express Strategic Report for DHL Express
Strategic Report for DHL Express
 
Overview CZ 2015
Overview CZ 2015Overview CZ 2015
Overview CZ 2015
 
Mike Shaw CV
Mike Shaw CVMike Shaw CV
Mike Shaw CV
 
St Patricks Day Brochure 2016
St Patricks Day Brochure 2016St Patricks Day Brochure 2016
St Patricks Day Brochure 2016
 
Fircroft Oil & Gas Powerpoint
Fircroft Oil & Gas PowerpointFircroft Oil & Gas Powerpoint
Fircroft Oil & Gas Powerpoint
 
Semis slide show
Semis slide showSemis slide show
Semis slide show
 
Faro Group Brochure Screen
Faro Group Brochure ScreenFaro Group Brochure Screen
Faro Group Brochure Screen
 
Faro Group Brochure
Faro Group BrochureFaro Group Brochure
Faro Group Brochure
 
Abhishek kar business environment on dhl
Abhishek kar business environment on dhlAbhishek kar business environment on dhl
Abhishek kar business environment on dhl
 
Antal International Profile
Antal International  ProfileAntal International  Profile
Antal International Profile
 
UK Pulse Issue 4
UK Pulse Issue 4UK Pulse Issue 4
UK Pulse Issue 4
 
2011 agency tree
2011 agency tree2011 agency tree
2011 agency tree
 
H Sa Joe 06Jun15 (3)
H Sa Joe 06Jun15 (3)H Sa Joe 06Jun15 (3)
H Sa Joe 06Jun15 (3)
 

Semelhante a DEALBOOK 2015

EireChrom - Sustainability Report 2015
EireChrom - Sustainability Report 2015EireChrom - Sustainability Report 2015
EireChrom - Sustainability Report 2015PJ Moloney
 
M3 Acquisition Presentation
M3 Acquisition PresentationM3 Acquisition Presentation
M3 Acquisition Presentationgaryhyem
 
I-Bytes Financial services Industry
I-Bytes Financial services IndustryI-Bytes Financial services Industry
I-Bytes Financial services IndustryEGBG Services
 
Tdg Financial General Credentials[1]
Tdg Financial   General Credentials[1]Tdg Financial   General Credentials[1]
Tdg Financial General Credentials[1]emmastewartrigby
 
Leading Edge Celebrate 21 Years of Lean Transformations
Leading Edge Celebrate 21 Years of Lean TransformationsLeading Edge Celebrate 21 Years of Lean Transformations
Leading Edge Celebrate 21 Years of Lean TransformationsJoe Aherne FCPA
 
CompanyProfile_June15
CompanyProfile_June15CompanyProfile_June15
CompanyProfile_June15Allan Cervin
 
adi Group Brochure 2015 Edition
adi Group Brochure 2015 Editionadi Group Brochure 2015 Edition
adi Group Brochure 2015 EditionJames Smith
 
Adworks Presentation 05 10
Adworks Presentation 05 10Adworks Presentation 05 10
Adworks Presentation 05 10Frenchy63
 
Philip Clarke Career History Sept 2016
Philip Clarke Career History Sept 2016Philip Clarke Career History Sept 2016
Philip Clarke Career History Sept 2016Philip Clarke
 
THG Early Careers Digital Brochure 2022-23.pdf
THG Early Careers Digital Brochure 2022-23.pdfTHG Early Careers Digital Brochure 2022-23.pdf
THG Early Careers Digital Brochure 2022-23.pdfSteph713194
 
Pembroke Communications Corporate Creds
Pembroke Communications Corporate CredsPembroke Communications Corporate Creds
Pembroke Communications Corporate Credsclaireturvey
 
Folksam - Sustainability report 2013
Folksam - Sustainability report 2013Folksam - Sustainability report 2013
Folksam - Sustainability report 2013Folksam
 
Sigmar Overview 2008
Sigmar Overview 2008Sigmar Overview 2008
Sigmar Overview 2008pcollin
 
Work for IC Resources
Work for IC ResourcesWork for IC Resources
Work for IC ResourcesIC Resources
 

Semelhante a DEALBOOK 2015 (20)

EireChrom - Sustainability Report 2015
EireChrom - Sustainability Report 2015EireChrom - Sustainability Report 2015
EireChrom - Sustainability Report 2015
 
Dealbook 2018
Dealbook 2018Dealbook 2018
Dealbook 2018
 
M3 Acquisition Presentation
M3 Acquisition PresentationM3 Acquisition Presentation
M3 Acquisition Presentation
 
I-Bytes Financial services Industry
I-Bytes Financial services IndustryI-Bytes Financial services Industry
I-Bytes Financial services Industry
 
Tdg Financial General Credentials[1]
Tdg Financial   General Credentials[1]Tdg Financial   General Credentials[1]
Tdg Financial General Credentials[1]
 
Leading Edge Celebrate 21 Years of Lean Transformations
Leading Edge Celebrate 21 Years of Lean TransformationsLeading Edge Celebrate 21 Years of Lean Transformations
Leading Edge Celebrate 21 Years of Lean Transformations
 
CompanyProfile_June15
CompanyProfile_June15CompanyProfile_June15
CompanyProfile_June15
 
adi Group Brochure 2015 Edition
adi Group Brochure 2015 Editionadi Group Brochure 2015 Edition
adi Group Brochure 2015 Edition
 
Adworks Presentation 05 10
Adworks Presentation 05 10Adworks Presentation 05 10
Adworks Presentation 05 10
 
Philip Clarke Career History Sept 2016
Philip Clarke Career History Sept 2016Philip Clarke Career History Sept 2016
Philip Clarke Career History Sept 2016
 
Employee ownership: A model for the future
Employee ownership: A model for the futureEmployee ownership: A model for the future
Employee ownership: A model for the future
 
We are PRG
We are PRGWe are PRG
We are PRG
 
We are PRG
We are PRGWe are PRG
We are PRG
 
We are PRG
We are PRGWe are PRG
We are PRG
 
THG Early Careers Digital Brochure 2022-23.pdf
THG Early Careers Digital Brochure 2022-23.pdfTHG Early Careers Digital Brochure 2022-23.pdf
THG Early Careers Digital Brochure 2022-23.pdf
 
Pembroke Communications Corporate Creds
Pembroke Communications Corporate CredsPembroke Communications Corporate Creds
Pembroke Communications Corporate Creds
 
Innovation_Group_SR14
Innovation_Group_SR14Innovation_Group_SR14
Innovation_Group_SR14
 
Folksam - Sustainability report 2013
Folksam - Sustainability report 2013Folksam - Sustainability report 2013
Folksam - Sustainability report 2013
 
Sigmar Overview 2008
Sigmar Overview 2008Sigmar Overview 2008
Sigmar Overview 2008
 
Work for IC Resources
Work for IC ResourcesWork for IC Resources
Work for IC Resources
 

Mais de IMAP - Global Mergers & Acquisitions Advisory

Mais de IMAP - Global Mergers & Acquisitions Advisory (20)

Stabilization & Improved Performance Expected to Accelerate M&A in T&L Sector
Stabilization & Improved Performance Expected to Accelerate M&A in T&L SectorStabilization & Improved Performance Expected to Accelerate M&A in T&L Sector
Stabilization & Improved Performance Expected to Accelerate M&A in T&L Sector
 
International Investors Seizing Opportunities in LATAM’s TMT Sector
International Investors Seizing Opportunities in LATAM’s TMT SectorInternational Investors Seizing Opportunities in LATAM’s TMT Sector
International Investors Seizing Opportunities in LATAM’s TMT Sector
 
Deep Dive into M&A Activity in the European Healthcare Services Industry.pdf
Deep Dive into M&A Activity in the European Healthcare Services Industry.pdfDeep Dive into M&A Activity in the European Healthcare Services Industry.pdf
Deep Dive into M&A Activity in the European Healthcare Services Industry.pdf
 
Noventa on a Mission to Decarbonize the World Through Disruptive Innovation
Noventa on a Mission to Decarbonize the World Through Disruptive InnovationNoventa on a Mission to Decarbonize the World Through Disruptive Innovation
Noventa on a Mission to Decarbonize the World Through Disruptive Innovation
 
IMAP's Creating Value #15
IMAP's Creating Value #15IMAP's Creating Value #15
IMAP's Creating Value #15
 
IMAP closes 92 M&A transactions worth over $3 billion in H1 2023
IMAP closes 92 M&A transactions worth over $3 billion in H1 2023IMAP closes 92 M&A transactions worth over $3 billion in H1 2023
IMAP closes 92 M&A transactions worth over $3 billion in H1 2023
 
Consolidation Continues in Web Hosting Sector with Web4U Acquisition by Miss ...
Consolidation Continues in Web Hosting Sector with Web4U Acquisition by Miss ...Consolidation Continues in Web Hosting Sector with Web4U Acquisition by Miss ...
Consolidation Continues in Web Hosting Sector with Web4U Acquisition by Miss ...
 
The Human Factor in M&A Transactions
The Human Factor in M&A TransactionsThe Human Factor in M&A Transactions
The Human Factor in M&A Transactions
 
Inflation and its Effect on Company Valuations
Inflation and its Effect on Company ValuationsInflation and its Effect on Company Valuations
Inflation and its Effect on Company Valuations
 
Mexican-Based Bohn Acquires Chilean Company Intercal in Key Industrials Deal
Mexican-Based Bohn Acquires Chilean Company Intercal in Key Industrials DealMexican-Based Bohn Acquires Chilean Company Intercal in Key Industrials Deal
Mexican-Based Bohn Acquires Chilean Company Intercal in Key Industrials Deal
 
IMAP closes 47 M&A transactions worth over $2 billion in Q1 2023
IMAP closes 47 M&A transactions worth over $2 billion in Q1 2023IMAP closes 47 M&A transactions worth over $2 billion in Q1 2023
IMAP closes 47 M&A transactions worth over $2 billion in Q1 2023
 
IMAP Strengthens its Foothold in CEE with new Partner BICF in Romania
IMAP Strengthens its Foothold in CEE with new Partner BICF in RomaniaIMAP Strengthens its Foothold in CEE with new Partner BICF in Romania
IMAP Strengthens its Foothold in CEE with new Partner BICF in Romania
 
Analysts and Associates Crucial Role in the M&A Process
Analysts and Associates Crucial Role in the M&A ProcessAnalysts and Associates Crucial Role in the M&A Process
Analysts and Associates Crucial Role in the M&A Process
 
Application Software Performance Under the Microscope
Application Software Performance Under the MicroscopeApplication Software Performance Under the Microscope
Application Software Performance Under the Microscope
 
M&A and ESG go Hand-in-Hand at Worldwide Industrial Group CIE Automotive
M&A and ESG go Hand-in-Hand at Worldwide Industrial Group CIE AutomotiveM&A and ESG go Hand-in-Hand at Worldwide Industrial Group CIE Automotive
M&A and ESG go Hand-in-Hand at Worldwide Industrial Group CIE Automotive
 
TRENDS IN GLOBAL M&A 2022 - 2023
TRENDS IN GLOBAL M&A 2022 - 2023TRENDS IN GLOBAL M&A 2022 - 2023
TRENDS IN GLOBAL M&A 2022 - 2023
 
IMAP closes 238 M&A transactions worth over $26 billion in 2022
IMAP closes 238 M&A transactions worth over $26 billion in 2022IMAP closes 238 M&A transactions worth over $26 billion in 2022
IMAP closes 238 M&A transactions worth over $26 billion in 2022
 
Recent Transport & Logistics Transactions
Recent Transport & Logistics TransactionsRecent Transport & Logistics Transactions
Recent Transport & Logistics Transactions
 
Recent Technology Transactions
Recent Technology TransactionsRecent Technology Transactions
Recent Technology Transactions
 
Recent Real Estate Transactions
Recent Real Estate TransactionsRecent Real Estate Transactions
Recent Real Estate Transactions
 

DEALBOOK 2015

  • 2. Contact Sudhanshu Karandikar sk@imap.com IMAP, Inc. Av. Diagonal, 618 08021 Barcelona - Spain www.imap.com T: +34 936 026 710
  • 3. Contents / Foreword by Jurgis V Oniunas, Chairman 04 / About IMAP: Milestones and achievements 06 / Deals by sectors: 08 / Consumer Products & Services 08 / Consumer Staples 17 / Energy & Power 23 / Financials 27 / Healthcare 30 / Industrials 36 / Materials 50 / Real Estate 56 / Retail 58 / TMT 61
  • 5. D eals are the lifeblood of the IMAP organization. It is what we do: to get the best deal for our clients – the best partner, the best valuation, the best earn-out, the best terms. Our experts around the world live and breathe deals, from Beijing, to Tokyo, to Mumbai, to Istanbul, to Frankfurt, to London, to Boston, Chicago and Silicon Valley - every single day, somewhere in the world, an IMAP deal is signed or closed. IMAP is a unique organization, encompassing almost 40 independent firms working together under one IMAP brand to bring the financial and sectorial expertise and knowledge of all its 400 or so professionals to every deal. We work exclusively in the mid-market, so you will not find here blockbuster telecom deals, or front page mergers. Instead, you will find examples of hundreds of companies, many founded and owned by individual entrepreneurs, companies that are the backbone of the economies in which they operate. Their owners have put their trust in IMAP partners, to guide them through what may be the most important and perilous process of their professional careers – to sell what they have built, or to buy what someone else has built. And IMAP partners perform this job brilliantly, time and time again. This is why we are proud to present here some of our work over the past several years. Proud, not just because these deals were completed, but because we know that they were completed with special care for our clients and with respect for their accomplishments.
  • 6. About IMAP IMAPHISTORYTIMELINE Founding of IMAP by a group of US-based M&A Practitioners under the acronym NAMAC 1973 Merger of two US-based M&A ad- visory organizations (INTERMAC and IMAP) into one. 1993 Presence in UK, France, Germany Spain and Italy. 1999 Merger of Central and Eastern European organizations (MACEE) into IMAP. 2005 Global Reach IMAP offers an exceptional combination of global breadth and local depth to the client transaction. IMAP is located in more than 35 countries throughout North and South America, Eastern and Western Europe, the Middle East, Africa and Asia. These firms share common values and principles, reinforced by rigorous standards and qualifications to ensure unmatched service, quality and unequaled results Argentina Belgium Bosnia and Herzegovina Brazil Canada Chile China Croatia Czech Republic Denmark Egypt Finland France Germany Hungary India Ireland Italy Ivory Coast Japan Mexico Montenegro Morocco Netherlands Norway Peru Poland Portugal Kosovo Russia Senegal Serbia Slovakia Slovenia Spain Sweden Switzerland Turkey United Kingdom United States Vietnam See our corporate video
  • 7. in the world in the number of closed transactions valued up to IMAP ranked (asrankedintheThomsonReuters’LeagueTables) US$200 million globalperformance2012-2014 Rank FinancialAdvisor 1 PwC 2 KPMG 3 Ernst & Young LLP 4 IMAP 5 BDO 6 Deloitte 7 Rothschild 8 Houlihan Lokey 9 Lazard 10 Mizuho Financial Group Undisclosed Values & Values up to $200 million (Based on number of transactions) 4th Consolidation of cross-border collaboration. 2008 IMAP adds more global locations. 2010 Presence in Peru, Norway and Vietnam. 2014 IMAP coverage extends to Brazil, Morocco, Senegal and Ivory Coast. 2015 consumer products &services consumer staples Energy &Power Financials Healthcare Industrials Materials REAL ESTATE RETAIL TMT government
  • 8. EDUCATIONALSERVICES consumer products &services  Up to $500M   Source: Thomson Reuters 1 PwC 2 KPMG 3 BDO 4 IMAP 5 Deloitte 6 Ernst & Young LLP 7 M&A International 8 Mizuho Financial Group 9 Sumitomo Mitsui Finl Grp Inc 10 Grant Thornton Vistria Group Private Equity Group United States Acquired 100% of Business Operations Penn Foster Corporate training & consumer distance education United States Advised on Sale of Company Advised Penn Foster, a leader in career- focused distance and hybrid learning that now offers compre- hensive high school, career school and college programs, on its acquisition by The Vistria Group. Vistria is a Private Equity Firm focused on invest- ing in middle market companies in the education, healthcare and financial services sectors. Worldstrides Provides educational travel programs United States Acquired 100% of Business Operations Oxbridge Academic Resourses Provides study abroad programs United States Advised on Sale of Company Advised Oxbridge Aca- demic Resources on its sale to WorldStrides, a portfolio company of The Carlyle Group. Oxbridge joins World- Strides’ impressive lineup of educational student travel pro- grams. WorldStrides, is the nation’s largest and one of the most respected accredited travel organizations, specializing in provid- ing exceptional educa- tional experiences. Greybull Stewardship Private Equity Group United States Acquired 100% of Business Operations BrightStar Education Group For-profit post secondary education company United States Advised on Sale of Company Advised BrightStar Education Group, dba Institute of Technol- ogy, on its sale to Private Equity Firm Greybull Stewardship. BrightStar is a portfolio company of Arlington Capital Partners. BrightStar, which will be now known as Se- lect Education Group, is a leading for-profit post-secondary educa- tion company with four campuses in California and Oregon.
  • 9. EMPLOYMENTSERVICES 9 SAE Institute (Navitas Ltd) Provides pre- uiniversity and university programs Australia Acquired 100% of Business Operations Ex’Pression College Provides bachelor’s degrees in digital arts United States Advised on Sale of Company Advised Ex’pression College, a California- based creative media college founded in 1998. The College grants Bachelor degrees in six pro- grams. Ex’pression will become part of the SAE Institute, Navitas’ creative media educa- tion division. Sonans AS Private high school Norway Acquired 100% of Business Operations Nordic Academy AS Supplier of courses Norway Advised on Sale of Company Advised Nordic Academy with its sale to Sonans Utdanning. The deal is expected to significantly strengthen Sonans position in the professional courses market which focuses on restructuring pro- cesses, job clarification and activation. All NRG Holding A/S Buy-and-build majority owned by Via Venture (PEG) Denmark Acquired 100% of Shares Q-Star Energy A/S Manpower provider for the energy sector Denmark Advised on Sale of Company Advised the sharehold- ers of Q-Star Energy in their sale to Via Venture Partners-controlled company All NRG. Q- Star Energy A/S, based in Esbjerg, provides highly specialized welders, electricians, scaffolders and insula- tors, as well as wind turbine experts and rope access services, to the oil, gas and wind industry in Europe. D&B Beheer B.V. Personal holding Netherlands Acquired 100% of Business Operations Human Resource Project Partners B.V. Secondment agency Netherlands Advised on Purchase of Company Advised D&B Beheer B.V. on the manage- ment buy-out of Human Resource Project Part- ners, a secondment agency specialized in on- and offshore engineering. DEKRA AG Automotive, industrial and personnel Germany Acquired Majority Stake TUC Group Education within transportation Denmark Advised on Sale of Company Advised TUC Group on the sale of a major- ity stake to Germany- based Dekra. With the acquisition, Dekra secures a strength- ened footprint in Scandinavia. The goal is to further expand its service portfolio and presence.
  • 10. 10 / Consumer Products & Services homefurnishings Primary Capital Limited Private Equity United Kingdom Acquired Majority Control of Business Operations Gatenby Sanderson Limited Private sector recruitment United Kingdom Advised on Sale of Company Advised recruitment agency Gatenby Sand- erson on its manage- ment buyout, backed by Private Equity House Primary Capital. TSL Education Ltd Support services and resource provision to teacher United Kingdom Acquired Majority Control of Business Operations Vision for Education Recruitment services for the education sector United Kingdom Indentified the Buyer and Introduced the Transaction Facilitated an introduc- tion between Vision for Education and TES Global, the UK’s lead- ing player in teacher recruitment. EMPLOYMENTSERVICES Jobindex A/S Online job database Denmark Acquired 100% of Business StepStone A/S and it-jobbank A/S Online job database Denmark Advised on Purchase of Company Advised Jobindex in their acquisition of Stepstone and IT-Jobbank. Jobindex, Denmark’s largest job database and recruitment company acquires the Danish part of StepStone, the leading provider of executive and career positions in Denmark, as well as the sister company it-jobbank, the largest Danish provider of IT jobs. Cordant Group plc Recruitment conglomerate United Kingdom Acquired 100% of Business Operations Sugarman Group Limited Public sector recruiter United Kingdom Advised on Sale of Company Advised the Sugarman Group on its sale to Cordant Group. With Cordant’s support, Sugarman’s manage- ment team has a great opportunity to continue to accelerate the business’ growth; the transaction also enables Cordant to gain a strategic foothold in the healthcare and education sectors. The Rowley Company Manufacturer and wholesaler of window decor United States Acquired Minority Ownership Position Individual Owner United States Advised on Recapi- talization of Company Advised The Rowley Company on a recapi- talization. The acquisi- tion of an individual owner’s minority owner position provides the company with ad- ditional leverage in the regional window décor market.
  • 11. 11 The Rowley Company Manufacturer and wholesaler of window decor United States Acquired 100% of Assets Article Inc. International home decor manufacturer and distributor Canada Advised on Purchase of Company Advised The Rowley Company, a manufac- turer and international distributor of decorat- ing supplies, on its acquisition of Article. The deal strengthens Rowley’s product of- ferings and expands its international opera- tions footprint. Champlain Capital Partners Small and middle- market Private Equity Firm United States Acquired 100% of Business Operations Master Cutlery, Inc. Manufacturer of knives, swords and defense products United States Advised on Sale of Company Advised Master Cutlery, a prominent designer and manu- facturer of crossbows, hunting knives, military & tactical gear and self-defense products on its acquisition by Champlain Capital, a Private Equity Firm focused on small and middle market, niche businesses in manu- facturing, consumer products, distribution and non-financial services. OtherConsumerProducts Ferritico Peru (subsidiary of Acero Comercial Ecuatoriano) Distributor of industrial machinery Ecuador Acquired 100% of the Company Sullair del Pacifico Distributor of Sullair brand air compressors Peru Advised on Sale of Company Advised Sullair del Pacifico, a distributor of Sullair brand air compressors based in Peru, on its sale to Ferritico Peru, a subsid- iary of Acero Comercial Ecuatoriano based in Ecuador that distributes industrial machinery. Adara Packaging Oy Total packaging solution provider Finland Acquired 100% of Shares Display Pack Finland Cardboard marketing display manufacturer Finland Advised on Sale of Company Advised Display Pack Finland, a cardboard marketing display ma­ nufacturer on the sale of 100% of its shares to Adara Packaging, a packaging solution provider. MBO Partenaires Private Equity Firm France Acquired Majority Control of Business Operations Alkos- Cosmogen Cosmetic packaging and manufacturing France Advised on Sale of Company Advised on the MBO of Alkos, French cosmet- ics manufacturer, and Cosmogen, innovative cosmetics packaging supplier. The transac- tion allows manage- ment to increase its shares; the PE firm to invest in the Group; with offices in China, Brazil & USA, sales up to €100M are expected within 5 years.
  • 12. Atlantic Trade d.o.o. Leading FMCG distributor in SouthEast Europe Croatia Purchased 100% of the Company and Took Over the Distribution of Unilever in Slovenia and Croatia Prodis d.o.o. Distributor of FMCG in Slovenia Slovenia Advised on Sale of Company and Transfer of Unilever Distribution Agree- ments Atlantic Trade doo, a unit of Atlantic Grupa dd, acquired the entire share capital of Prodis doo, a Zagreb-based distributor of food and non-food products. American Crane Group Newly formed parent company of AE & 4OCG United States Acquired 100% of Business American Equipment Overhead crane manufacturer and service company United States Advised on Merger with 4OCG Advised American Equipment on its merger with 4OCG, thus creating American Crane Group, the newly formed parent com- pany of AE and 4OCG. 12 / Consumer Products & Services OtherConsumerProducts Republic Tobacco LP Distributor of tobacco products United States Acquired 50% of Business Operations Johnson Creek Enterprises LLC Manufactures e-liquids for use in e-cigarettes United States Advised on Sale of Company Advised Johnson Creek Enterprises LLC in the sale of 50% of its ownership to Republic Tobacco LP. The trans- action marks Republic Tobacco’s strategic move into the burgeon- ing electronic cigarette and consumer vaping markets. By joining forces with Republic, Johnson Creek Smoke Juice and accessories will soon be available in thousands of outlets throughout the country. Lifetime Brands Inc Leading global provider of kitchenware & tableware United States Acquired 100% of Business Operations Thomas Plant (Birmingham) Ltd Supplier of kitchenware products United Kingdom Advised on Sale of Company Advised the sharehold- ers of Kitchen Craft on its sale to NASDAQ- listed Lifetime Brands. Kitchen Craft and Lifetime Brands share the same values and ethos; the combination of the two businesses provides significant opportunities for growth in the UK and internationally. Bunzl plc. Multinational distribution and outsourcing company United Kingdom Acquired 100% of Business Operations Ocean S de RL Distributor of personal protective equipment Mexico Advised on Sale of Company Advised Espomega, a leading redistribution business supplying a variety of safety prod- ucts, including gloves and protective clothing, throughout Mexico, on its sale to Bunzl. The acquisition expands Bunzl’s safety business in Mexico.
  • 13. 13 Magnum Capital Industrial Private Equity Spain Acquired Iberchem SA Flavours and fragances manufacturer Spain Advised on MBO Process Advised Iberchem, a fragrances & flavors firm, on its sale of a ma- jority stake to Magnum Capital. Through this acquisition, Magnum intends to consolidate its existing position in China, Indonesia and the Middle East. The firm also plans to enter emerging markets. ProfessionalServices R2i Services Facility services France Acquired 100% of the Capital PEOPLE COCCINELLE Modeling agency France Advised on Sale of Company Advised People Coc- cinelle, a modeling agency, on the sale of its capital to R2i Services, a facility ser- vices provider based in France. BISNODE EU leading credit, market & business info provider Czech Republic Acquired 100% Shares of Newly Spun Off Enterprise IS OCTOPUS, s.r.o. CZ leading credit info assessment system Czech Republic Spin Off & Sale of the New Entity Advised IS Octopus, a leading credit infor- mation assessment system company on its sale of their newly spun off enterprise to Bisnode, a EU leading credit and business information provider. Studec SAS Technical documentation, engineering and ILS France Acquired 100% of the Spanish Business, and the German Business Assets AC&S SRL (Spain), AC&S GmbH (Germany). Training solutions & technical documentation Spain Advised on Sale of two Subsidiaries Advised ESG on the sale of its subsidiary AC&S Spain and the ILS business from AC&S Germany to Studec SAS. ESG is a provider of engineering services for aero- space, automotive and defense. Cardtronics, Inc. Global operator of off-premise ATM’s United States Acquired 100% of Business Operations Sunwin Services Group Ltd Operator of ATM’s, CIT and security services United Kingdom Advised on Sale of Company Advised The Co-opera­ tive Group on the sale of its Sunwin Services Group business to Cardtronics. The Sunwin Services Group includes the following services: cash and valuables transit, ATM support and Sunwin Managed Security.
  • 14. MDLG INVEST Holding company of the managers France Acquired 100% of Business Operations ETC Energy control consulting services France Advised on Sale of Company Arranged an MBO for ETC, a thermal and acoustical engineering firm located in Nor- mandie. ETC is special- ized in residential home diagnoses. Fujitsu Limited Leading IT company Japan Acquired Investment Interest Yokogawa Medical Solutions Developer of medical equipment Japan Advised on Purchase of Company Advised Fujitsu, a lea­ ding global IT company, on minority investment into Yokogawa Medical Solutions, a developer of medical IT systems and subsidiary of Yokogawa Electric, for a business & capital al- liance in future medical solutions. 14 / Consumer Products & Services ProfessionalServices Enterprise Rent-A-Car Vehicle rental United States Acquired 100% of Business Operations Burnt Tree Holdings Vehicle rental United Kingdom Advised on Sale of Company Advised Burnt Tree, the UK’s largest commercial vehicles rental provider, on its cross-border sale to Enterprise Rent-A-Car. Ambienta SGR Private Equity Italian fund Italy Acquired 100% of Business Operations IP Cleaning SpA Machinery & equipment for professional cleaning market Italy Distressed M&A Advised Ambienta SGR, the largest European Private Equity fund specialised in the environmental sector, i) on the acquisition of IP Cleaning, owned by Synergo SGR, and ii) on the definition of an agreement with the lending banks, con- cerning the reschedu­ ling of the outstanding medium-long term debt and the confirmation of current short term credit facilities. Daiwa House Leading home builder and real estate company Japan Acquired Majority Control of Business Operations TOMO Parking facilities operator Japan Advised on Purchase of Company Advised Daiwa House, a top ranked home builder, on the acquisi- tion of Tomo, a parking facilities operator, to expand it parking facili- ties business.
  • 15. 15 Soho Design A financial investment company United States Acquired all Assets of Business Operations Tui Lifestyle A turnkey lifestyle luxury furniture provider United States Adviced on Purchase of Company Advised Soho Design, a 55%-45% joint venture between Sevin Ergun, a private Turkish investor and Tui Pranich, an interior luxury designer, during the acquisition of all assets of Tui Lifestyle. Finnmap Consulting Oy Engineering and building services Finland Acquired Selected Assets of Business Operations Profil-Bau Consulting Oy Engineering and building services Finland Represented the Seller Advised Profil-Bau Consulting on the sale of some of its selected assets to Finnmap Consulting, a leading engineering and buil­ ding services company. Mubadala Development Company Investment and development company United Arab Emirates Acquired Investment Interest Piaggio Aero Industries SpA Aviation, defence and security Italy Sold Equity Stake of 31% Advised a group of private investors in the disposal of a 33% stake in Piaggio Aero, a state of the art group in the aviation industry, developing and manu- facturing unmanned aerial systems, aircraft and aero-engines for private operators, go­ vernments and military, to Mubadala. LDC Private Equity Arm of Lloyds Banking Group United Kingdom Invested CEL Procurement Outsourced procurement services United Kingdom Advised on the Equity Raise Advised Private Equity house LDC on its investment in CEL Procurement, a procurement services provider for public sec- tor organisations. Sentica Partners Oy Sentica is an independent Private Equity company Finland Acquired 100% of the Company Shares Secto Automotive Oy Corporate car leasing service and fleet management Finland Advised the Seller Advised Secto Automo- tive, Finland’s largest privately-held car leasing company, on its sale to Funds managed by Sentica Partners. The deal furthers Secto’s growth strategy for its leasing services.
  • 16. Excellere Capital Management Private Equity Firm United States Acquired 100% of Business Operations G2 Partners, LLC Consulting Firm United States Advised on Purchase of Company Served as the buy-side advisor to Excellere Capital Management, LLC ,a Private Equity Firm, in its acquisition of G2 Partners, LLC, a rapidly-growing con- sultant and advisor to the energy, transporta- tion & manufacturing industries. Trex Services Logistics company United States Acquired 100% of Business Turner Rapid Express Logistics company United States Advised on Sale of Company Advised Turned Rapid Express, a US based lo- gistics company, on its sale to Trex Services. Trex is an entity formed by an individual for the purpose of acquir- ing the Turner Rapid Express. 16 / Consumer Products & Services ProfessionalServices TRAVELSERVICES LDC Private Equity house United Kingdom Acquired Majority Control of Business Operations Away Resorts Holdings Limited Holiday park operator United Kingdom Advised on Sale of Company Advised the sharehold- ers of Away Resorts, the UK holiday park owner and operator, on its agreed sale to mid- market Private Equity house LDC. GE Healthcare Technology, services, research for healthcare sector United Kingdom Acquired Majority Control of Business Operations Finnamore Ltd Consultancy services to UK healthcare sector United Kingdom Advised on Sale of Company Advised Finnamore, one of the leading dedicated health and social care consultan- cies in the UK, on its sale to GE Healthcare (NYSE: GE).
  • 17. 17 consumer staples Up to $200M Source: Thomson Reuters 1 PwC 2 KPMG 3 Rothschild 4 IMAP 5 Deloitte 6 BDO 7 Ernst & Young LLP 8 Sumitomo Mitsui Finl Grp Inc 9 Mizuho Financial Group 10 Rabobank NV AgricultureandLivestock Wilmar International Leading agri commodities player Singapore Acquired Equity Stake - Joint Venture Agreement Shree Renuka Sugars Limited India’s largest sugar manufacturer India Advised Seller Entailed infusion of $200 million of primary capital by Wilmar In- ternational Limited through its 100% sub- sidiary Wilmar Sugar Holdings into Shree Renuka Sugars Limited (SRSL) under a Joint Venture Agreement with both parties hold- ing equal shareholding and board representa- tion in SRSL. Undisclosed Undisclosed description India Acquired Selected Assets Sir Shadi Lal Enterprises Ltd Sugar manufacturer based in India India Advised Seller Advised Sir Shadi Lal Enterprises on the strategic sale of UNN Sugar Complex to an undisclosed buyer. Qualified Moroccan Investors Qualified Moroccan investors; Fitch ratings Morocco $35 Million Senior Notes Issued to Moroccan Investors Zalagh Holding Integrated player in the Moroccan poultry industry Morocco Senior Notes Issued to Moroccan Inves- tors and Rating Senior notes issued to Moroccan investors and rating.
  • 18. EBRD Development financial institution Morocco $12 million Senior Notes Issued to EBRD Zalagh Holding Integrated player in the Moroccan poultry industry Morocco Exclusive Financial Advisor on EBRD Private Placement Acted as the exclusive financial advisor on EBRD’s private place- ment. International Finance Corporation Largest global development institution Morocco Equity Injection of $24 million Zalagh Holding Integrated player in the Moroccan poultry industry Morocco Advisor on an Equity Private Placement Advised on an equity private placement of $24 million in Zalagh Holding. PrimaMundo Group Distributor of daily fresh fruits and vegetables Belgium Acquired 100% of Business Operations Alva Verse Vruchten nv Distributor of daily fresh fruits and vegetables Belgium Advised on Sale of Company Advised the sharehol­ ders of ALVA Verse Vruchten, an importer and distributor of fresh fruit and vegetables, in the sale of their busi- ness to PrimaMundo Group. PrimaMundo is active in the same market achieving a turnover of € 150 million. La Doria SpA Production of tomato based products Italy Acquired 100% of Business Operations Pa.Fi.Al. Srl (Althea SpA Delfino SpA) Production of ready to use pasta sauces Italy Advised on Sale of Company Advised the sharehol­ ders of Pa.fi.al. Group, controlling Althea and Delfino, both lead- ing companies in the European private label segment of ready to use pasta sauce mar- ket, in the disposal of 100% to La Doria, listed company engaged in the production of tomato based products, canned vegetables and fruit juices. A Group of Private Investors A group of private investors Turkey Acquired Investment Interest Likya Tarim Turkey-based agricultural company Turkey Advised on Purchase of Company Advised a group of pri- vate investors on their purchase of a minority stake in Likya Tarim, the Turkey-based pioneer and agricultural innova- tor company special- ized in almonds. AgricultureandLivestock 18 / Consumer Staples FoodandBeverage
  • 19. Balconi Family Investment Holding Italy Acquired 100% of Business Operations Fida S.r.l. Jelly candies producer Italy Advised on Sale of Company Advised Credem Private Equity SGR and the disposal of 100% share capital of Fida, an Italian leader in the candy sector, to a group of private investors. Delika Food Group A/S Manufacturer of processed meat products for retail Denmark Acquired 100% of Business Operations Eberhart A/S Manufacturing and sale of smoked meat products Denmark Advised on Sale of Company Advised Eberhart, a family owned meat processing company in the production of boiled and smoked products of high quality, on its sale to Delika Food Group,a Danish proces- ser of a wide range of meat products for the retail and food service segments. 19 Davide Campari Milano SpA Leading Italian player in the spirits business Italy Acquired 100% of Business Operations F.lli Averna SpA Producer of the the well known Amaro Averna Italy Advised on Sale of Company Advised the sharehol­ ders on the disposal of Averna, an Italian lead- ing spirit company, to Campari Group, a major player in the global branded beverage in- dustry, with a portfolio of over 50 premium and super premium brands marketed and distributed in over 190 countries worldwide. WHW Bakeries Retail seller of bread products Ireland Acquired 100% of Business Operations Irish Pride Bakeries Ireland’s second largest bakery Ireland Advised on Sale of Subsidiary Advised One Fifty One on the sale of Irish Pride Bakeries to WHW Bakeries, a Lloyd Group company. The Lloyd Group is a diversified holding company with interests in the IT and engineering sectors. Irish Pride is Ireland’s second largest bakery, with sales in excess of € 50 million. The acqui- sition provides WHWB with a foothold in the Irish bakery industry. Wagner Holding GmbH Family Office of an entrepreneurial family Germany Acquired 49% of Business Operations Ökofrost GmbH Wholesaler of organic frozen foods Germany Advised on Aquisi- tion of Portfolio Company Advised Wagner Hol­ding GmbH on the acqui­sition of a 49% stake in Ökofrost GmbH, thereby expanding its portfolio of innovative SMEs in the sustainable food sector.
  • 20. Paladin Capital Partners Private Equity fund Italy Acquired 100% of Business Operations Greci Industria Alimentare SpA Production and distribution of food products Italy Distressed M&A Advised Greci Industria Alimentare, leader in the production and distribution of food products, in its disposal to the Private Equity Paladin Capital Partners. AS Group Leading food and beverage producer Bosnia and Herzegovina Acquired Majority Control of Business Operations Klas dd The leading industrial mill and bakery in Bosnia Bosnia and Herzegovina Advised on Sale of Company Advised Klas d.d., market leader in the milling & bakery industry in Bosnia and Herzegovina, in the sale of an undisclosed majority interest to AS Jelah Group. The deal enables AS Group to strengthen, expand business operations in line with becoming BIH’s leading player in the food industry. The European Bank for Re- construction and Develop- ment (EBRD) Development financial institution Morocco Mezzanine Loan Subscribed by EBRD Citruma Producer of juices and concentrated citrus Morocco Advised on a Mezza- nine Loan Subscribed by EBRD Advised on a mez- zanine loan subscribed by EBRD. ARX Equity Partners and Darby Private Equity Regional Private Equity Firms Hungary Acquired 100% of Business Operations Gramex 2000 Kft & G.F Investment Kft. Manufacturer of soft drinks Hungary Advised on Sale of Company Advised Gramex, a Hungary based manu- facturer of soft drinks, on its sale to ARX Equity Partners and Darby Private Equity. Carlyle Cardinal Ireland €300m Irish PE fund founded by The Carlyle Group Ireland Acquired Majority Control of Business Operations Lily O’Brien’s Premium chocolate and dessert manufacturer Ireland Advised on Sale of Company Advised the share- holders of Lily’s Limited on the sale of Lily O’Brien’s, an Irish manufacturer of premium chocolates and desserts, to Carlyle Cardinal Ireland. Lily O’Brien’s represents CCI’s first investment in Ireland; the transaction positions the busi- ness for international growth. 20 / Consumer Staples FoodandBeverage
  • 21. Glanbia, Plc Global nutritional solutions and cheese group Ireland Acquired 100% of Business Operations Nutramino Holding ApS Danish sports nutrition brand Denmark Advised on Sale of Company Advised Roll-o-Matic A/S, a leading player on the Scandinavian market for sports nutrition products, on its sale to Glanbia, with sales in more than 130 countries. The acquisition expands Glanbia’s presence in the Nordics within the performance nutrition, healthcare and educa- tion sectors. The Abraaj Group Private Equity Firm in the Middle East United Arab Emirates Acquired Majority Control of Business Operations Yörsan Gida Mamulleri San ve Tic A.S. One of the largest dairy producers Turkey Advised on Purchase of Company Acted as the exclusive financial and strategic advisor to The Abraaj Group in its agreement to acquire a majority stake in Yörsan, one of Turkey’s largest dairy producers. The deal offers Yörsan strategic market opportunities. 21 Univeg Group NV Fresh produce grower and distributor Belgium Acquired 100% of Business Operations Empire World Trade Ltd Fresh produce distributor United Kingdom Advised on Sale of Company Advised Empire World Trade on its cross-border sale to UNIVEG Group. This deal is an example of the predicted trend for more deals in the food and beverage space as European strategic buyers aim to increase their exposure to UK markets. McCormick & Company One of global leaders in flavor United States Acquired Wuhan Asia-Pacific Condiments One of the leading flavor suppliers in China China Advised on Purchase of Company Advised McComirck & Co on the acquisition of Wuhan Asias-Pacific Condiments, one of the leading flavor suppliers in China. This enables McCormick to increase its presence in the country. Alicorp Leading consumer goods company Peru Acquired 100% of Business Operations Pastificio Santa Amalia Pasta and other food products manufacturer Brazil Advised on Sale of Company Advised Pastificio San- ta Amalia, a producer of pasta and other food products, on its cross border sale to Alicorp, the leading consumer goods company based in Peru.
  • 22. Kwik Tek Provides summer recreational products United States Acquired 100% of Business Operations Yukon Charlie’s Designs winter & outdoor recreational products United States Advised on Sale of Company Represented Syner­gy Sportz, dba Yukon Charlie’s, in its sale to Kwik Tek Inc. Yukon Charlie’s is a branded recreational products company that designs and develops winter sports and outdoor lifestyle products, spe- cializing in snowshoes. Kwik Tek Inc. is a de- signer and distributor of branded consumer goods for the outdoor recreation industry. Dorel Industries Ltd. Manufactures, & sells juvenile products and bicycles Canada Acquired 100% of Business Operations Tiny Love Ltd Baby Products & developmental toy company. Israel Advised on Sale of Company Advised Tiny Love, an award-winning baby products and develop- mental toy company headquartered in Tel Aviv, Israel, on its sale to Dorel Industries. Tiny Love is a recognized innovator in develop- mental toys for babies and toddlers. Dorel Industries is a world class juvenile products and bicycle company. Palatine Private Equity Private Equity house United Kingdom Acquired Majority Control of Business Operations Character World Holdco Limied Designer & distributor of home furnishings United Kingdom Advised on Secondary MBO Advised Character World, a licensed bedding specialist, on a £36 million secondary management buyout backed by Palatine Private Equity. OtherConsumerStaples TextilesandApparel 22 / Consumer Staples Undisclosed Buyer Paper manufacturer Peru Acquired selected assets of Seller inlcuding Minerva Brand Viuda de Mariategui (MINERVA) Paper products and notebooks manufacturer Peru Advised on Sale of main Assets including MINERVA Brand Advised on sale of main Assets including MINERVA Brand to an undisclosed buyer. Fuji Oleos America do Sul Subsidiary of Fuji Oil Co., Ltd. Brazil Acquired Majority Control Of Business Operations Harald Alimentos Chocolate Manufacturer Brazil Advised on Purchase of Company Advised Fuji Óleos América Do Sul, Importaçao, Serviços e Comércio de Produtos Alimentícios Ltda., on its purchase of the chocolate manufac- turer Harald Indústria e Comércio De Alimentos Ltda. Foodand Beverage
  • 23. Hansol Paper Co Ltd Paper producer Democratic People’s Republic of Korea Acquired 100% of Business Operations Telrol BV Label manufacturer Netherlands Advised on Sale of Company Advised Telrol, a leading European manufacturer of self adhesive labels, on the sale to Hansol Group, a listed South Korean conglomerate with operations in paper production, chemicals, home decoration and IT parts having sales of $ 726 million. Modalliance Holding France Acquired 100% of Business Operations Codis International Textile trading company France Advised on Purchase of Company Advised a manager in the acquisition of Codis International, with the support of PEGs Entrepreneur Venture & Ouest Croissance. Founded over 30 years ago, Codis International is a leader in mass- market clothing (1500 apparel models and underwear). Headquar- tered in South West of France, the company has 3 other regional locations. 23 Alternative EnergySources Energy &Power Up to $200M Source: Thomson Reuters 1 PwC 2 RBC Capital Markets 3 KPMG 4 Ernst & Young LLP 4* Simmons & Co International 6 Goldman Sachs & Co 6* Evercore Partners 8 Macquarie Group 9 Citi 10 Lazard 11 Morgan Stanley 12 Rothschild 13 Bank of America Merrill Lynch 14 Tudor Pickering & Co LLC 14* Deloitte 16 M&A International 16* IMAP 18 Barclays VB Enterprise A/S Installation and service of wind turbines Denmark Acquired Majority Control APRO Wind A/S Installation and service of wind turbines Denmark Advised on Sale of the Company Advised Apro Wind in their sale to VB Enter- prise (controlled by Via Venture Partners). Apro Wind employs around 200 employees and performs mechanical installation and service tasks for wind turbines manufacturers and park owners, globally.
  • 24. 24 / Energy & Power OilandGas Consortium of Private Investors Consortium of private investors Russia Acquired 62% stake CJSC Uralneft- egazprom Oil & gas exploration and development project Russia Advised on Purchase of Company Advised investors on the acquisition of a majority interest in UNGP from Stroy- transgaz, a leading oil & gas infrastructure construction company. UNGP is a developer of oil and gas fields in the Orenburg region. Cepsa S.A. An integrated energy company Spain Capital Restructuring and Business Expansion in China Cepsa S.A. Cumene production China Advised on Recapi- talization of Company Advised the Spanish energy group Cepsa S.A. on the completion of the capital restruc- turing of its investment in China and expansion of its China presence for cumene production. OTK Group Midcap integrated oil and gas company Russia Acquired 100% of Business Operations Izhevsky oil refinery Oil refinery Russia Advised on Purchase of Company Advised OTK Group, a Russian midcap integrated oil & gas company, on its acquisition of Izhevsky oil refinery, a Russian oil refinery. This ac- quisition provides OTK Group better access to resources, strengthen- ing its market position. Montepio Geral Commercial Bank Portugal Provided Revolving Credit Facility Gascan, S.A. Distribution and market of propane gas Portugal Advised on Restruc- turing Financial Obligations Advised Gascan on its financial obligations’ restructuring. Antofagasta Minerals S.A. Copper mining group Chile Acquired 40% Interest in Project Alto Maipo SpA 531MW hydro power project Chile Advised on Purchase of Company Advised Antofagasta Minerals, in its acquisi- tion of a 40% stake in Alto Maipo SpA, a 531 MW hydro power proj- ect being developed by AES Gener in the central part of Chile. Alternative EnergySources
  • 25. Newco Energy efficiency performance certification United Kingdom Acquired Investment Interest Stroma Energy efficiency performance certification United Kingdom Advised on Purchase of Company Provided debt advisory and strategic buy-side support to LDC for its investment in Stroma. Stroma, with a strong market position in cer- tification and fieldforce software within the domestic and commer- cial energy market, is well-placed to leverage this market’s growth opportunities. Mitta Oy Provider of geodetic surveying and measurement Finland Acquired 100% of Shares Kemijoki Aquatic Technology Oy Hydrology and geotechnic services Finland Advised on Sale of Company Advised the most important producer of hydroelectric power and related services in Finland, Kemijoki Oy, to sell its subsi­ diary Kemijoki Aquatic Technology Oy to Mitta Oy. The divestment was an important part of Kemijoki Oy’s change management program to streamline its organi- zational structure. Fina Enerji Holding A.S. Developer and constructor of energy projects Turkey Acquired Majority Control of Business Operations Polyak Enerji Üretim Madencilik San. Tic. A.S. Company engaged in coal based energy generation Turkey Advised on Purchase of Company Acted as the exclu- sive financial and strategic advisor to Fina Enerji Holding in its acquisition of a 70% stake in Polyak Enerji Üretim Madencilik San. Tic. A.S., a company engaged in energy generation. 25 Lukoil Belgium NV Major oil company Belgium Acquired 100% of Shares Verolma Maastricht Beheer BV / Verolma BvbA Retail petrol stations Netherlands Advised on Purchase of Company Advised Lukoil on its acquisition of 59 gas stations in Belgium and the Netherlands. According to Bulat Subaev, managing director of LUKOIL Belgium, entering the Dutch market fits with LUKOIL’s gas station expansion strategy in the Benelux market. OtherEnergy andPower BW Rogers Co Value-added distributor of fluid power products United States Acquired 100% of Business Operations K-D Fluid Power Corp Value-added distributor of fluid power products United States Advised on Purchase of Company Advised B.W. Rogers, a 20-year client, on its acquisition of K-D Fluid Power. Both are established distribu- tors of Parker Hannifin (NYSE: PH) hydraulic and pneumatic prod- ucts. IMAP’s relation- ship with PH has been influential in launching the consolidation trend of its distributorships. Power
  • 26. Pure Technologies Develops technologies for water pipelines Canada Acquired 100% of Business Infrastructure Wachs Water Services Water flow control maintenance & support United States Advised Company on Sale Advised Wachs Valve and Hydrant Services, LLC (“Wachs Water Services”) on its ac- quisition by Pure Tech- nologies Ltd. Wachs Water Services is a leading provider of flow control maintenance and support, leak detection and related asset management services to the water sector in the United States. Veitransport AS Logistics Norway Acquired 100% of Business Operations Mathisen Renovasjon AS A national sanitation company Norway Advised on Purchase of Company MECE Invest AS, which owns the transport companies Veitransport AS and Veikran AS, has acquired 100% of the shares in Mathisen Renovasjon AS. The acquisition strength- ens the Veitransport Group’s position within refuse collection and waste management. Number of Institutional Investors Number of institutional investors United Kingdom Acquired One51 PLC Shareholding in Augean PLC Augean PLC Specialist waste management company United Kingdom Advised on Sale of Shares in Subsidiary Advised One51 PLC on the disposal of its stake in Augean PLC, a UK hazardous waste management company listed on the Alternative Investment Market. The sale represented an important step One51’s strategy to divest of non-core assets and focus on its plastics and environmental service business in Ireland, the UK and China. 26 / Energy & Power WaterandWasteManagement BHP Billiton Mining group Australia Secured Long-Term Power based on the Construction of a New Combined Cycle Power Plant Kelar S.A. Power generator Chile Financial Advice on Bidding Process Acted as financial advisor to BHP Billiton on the bidding process to secure long-term power based on the construction and operation of Kelar (517 MW) combined cycle power plant. Sierra Gorda SCM A new copper mine in Chile. $2.88 bn invesment Chile To contract Power Supply for 251 MW for 20 yrs. & the Development of a New 500 MW Power Plant Empresa Eléctrica Cochrane S.A. Power generator Chile Advised on a Bidding Process to Purchase Long Term Power Supply & Develop- ment of a New Power Plant Advised Sierra Gorda on the tendering of a 20-year power pur- chase agreement (PPA) for its Sierra Gorda greenfield mining proj- ect, including construc- tion of a new coal-fired power plant. Empresa Eléctrica Cochrane S.A. (subsidiary of AES Gener S.A.) will supply in total 251 MW. Power
  • 27. Empresas Públicas de Medellín Multi-utility provider of regulated services Colombia Acquired 100% of Business Operations Aguas de Antofagasta S.A. Water company serving Antofagasta Region, Chile Chile Advised on Purchase of Company Advised Empresas Publicas de Medellin, a multi-utility provider of regulated services, on its cross border acquisition of the water company Aguas de Antofagasta, based in Chile. 27 Brokerage Financials Up to $200M Source: Thomson Reuters 1 PwC 2 KPMG 3 Ernst & Young LLP 4 Lazard 5 Rothschild 6 IMAP 7 Houlihan Lokey 7* Deloitte 9 BDO 10 Goldman Sachs & Co Rakuten Securities Online brokerage firm Japan Acquired 100% of Business Operations FXCM Japan Securities Online retail FX brokerage firm Japan Advised on Sale of Subsidiary Advised FXCM, the leading US-based global provider of on- line foreign exchange trading and related services, in the sale of 100% of its shares of FXCM Japan Securities to Rakuten Securities, a leading online securi- ties firm in Japan, for $62 million. Coast Capital Savings Credit union operating throughout Canada Canada Acquired the Prime Equipment and Vehicle Finance Assets Travelers Financial Corp. - Vehicle Asset financing division Equipment finance broker Canada Advised on Sale Advised on the sale of Travelers Financial Corp’s vehicle financing assets to Coast Capital Savings, a credit union operating throughout Canada. CreditInstitutions
  • 28. Sterling Bancorp Offers banking products and services United States Acquired 100% of Business Operations Damian Services Corporation Provider of payroll funding and services United States Advised on Sale of Company Advised Damian Services Corporation, a payroll funding and services provider, on its sale to Sterling Bancorp (NYSE: STL), through its principal subsidiary Sterling National Bank. MacQuarie Bank United States Provided Acquisition Funding Capital Pawn Holdings LLC Operator of pawn locations United States Advised on Place- ment of Debt Advised a family office in its acquisition of Capital Pawn Holdings, LLC. Capital Pawn Holdings, LLC is a lead- ing operator of pawn store locations in the Southeastern United States. Capital Pawn Holdings LLC Pawn store operator United States Acquired 100% of Assets Capital Pawn Inc. Pawn store operator United States Advised on Purchase of Company Advised a family office in its acquisition of Capital Pawn Holdings, LLC. Capital Pawn Holdings, LLC is a lead- ing operator of pawn store locations in the Southeastern United States. Undisclosed Undisclosed description India Acquisition of 7.5% equity stake National Commodity & Derivatives Exchange Ltd. Leading commodities & derivatives exchange in India India Advised on Sale of Equity Stake Advised on sale of 7.5% equity stake in NCDEX to an undisclosed buyer for $ 10 million. 28 / FINANCIALS DiversifiedFinancials ExchangesCredit Institutions 3i Debt Management Limited A leading debt management business United Kingdom Acquired €2 billion CLO Management Contracts 7 European CLOs from Invesco Investment management corporation United Kingdom Advised on the Ac- quisition of €2 billion CLO Management Contracts Advised 3i Debt Management on the acquisition of seven Eu- ropean Collateralised Loan Obligation (‘CLO’) management contracts from Invesco. The transaction builds on the company’s strategy to grow its business and take advantage of attractive opportunities, in Europe and North America.
  • 29. Tryg Forsikring A/S Nordic insurance provider Denmark Acquired 100% of Business Operations Securator A/S Extended warranties for consumer electronics Denmark Advised on Sale of Company Advised Securator A/S (DK) – Denmark’s leading provider of extended warranties for consumer electron- ics – in their sale to the Nordic insurance group Tryg Forsikring A/S (DK). Hub International International insurance brokers United States Acquired 100% of Business Operations CanSure Underwriting General agency commercial property and liability Canada Advised on Sale of Company Advised Can Sure Underwriting, a com- mercial property and liability agency, on its sale to HUB Interna- tional, an insurance brokers company. KJK Capital OY An independent asset manager Finland Acquired Majority Control of Business Operations Iskra ISD Manufacturer of plastic and metal components Slovenia Advised on Sale of Company Advised Iskra ISD, a manufacturer of plastic and metal components, on its cross border sale to KJK Capital, and independent asset manager. OtherFinancialsInsurance Grant Thornton Belgium Audit, accountancy and tax Belgium Acquired Majority Control of Business Operations BeAligned Belgium Strategy implementation Belgium Advised on Sale of Company Advised BeAligned Belgium on the sale of its business operations to Grant Thornton. CADCO Holdings Private investing entity United States Provided Growth Funding Latin American Consumer Finance Consumer finance company Mexico Advised on the Placement of Debt Advised a financial buyer to finance the growth of Latin Ameri- can Consumer Finance, LLC. Latin American Consumer Finance, LLC is a leading operator of installment lending locations in Mexico. 29
  • 30. Healthcare Up to $200M Source: Thomson Reuters 1 KPMG 2 PwC 3 Houlihan Lokey 4 BDO 5 IMAP 6 The Braff Group 7 Rothschild 8 Deloitte 9 Jefferies LLC 10 Ernst & Young LLP Sovereign Capital Partners LLP Private Equity house United Kingdom Acquired Majority Control of Business Operations Nurse Plus and Carer Plus (UK) Limited Provider of nurses and carers United Kingdom Advised on Purchase of Company Nurse Plus, a provider of staffing solutions & homecare services, has received signifi- cant investment from Sovereign Capital in a deal advised by IMAP. Siegfried Group Contract manufacturing organization for pharma Switzerland Acquired 100% of Business Operations Hameln Pharma Sterile filling of pharmaceutical products Germany Advised on Sale of Subsidiaries Advised Hameln Group in carving out its contract manufacturing unit and sell it to the strategic buyer Sieg- fried. The divestment helps Hameln to focus on its branded generic business. Biotech/PharmaServices (CRO,CMOsandTools) Groupe Chèque Déjeuner #3 global provider of voucher and prepaid cards France Acquired 100% of Business Operations Sí Vale (Prestaciones Universales) #1 Mexican provider of voucher and prepaid cards Mexico Advised on Purchase of Company Advised Group Chèque Déjeuner, third-largest player worldwide in its market, in its acquisi- tion of Si Vale. The transaction enables the buyer to access the American continent, establishing Mexico as a hub to expand in other countries such as Colombia, Peru, Chile, United States and Canada. OtherFinancials 30 / FINANCIALS
  • 31. 31 União Quimica Leading Brazilian pharmaceutical company Brazil Acquired a Manufacturing Facility Novartis Taboa da Serra plant Global leading pharmaceutical company Brazil Advised on Sale of Assets Advised Novartis in carving out its non-core solid manufacturing plant in Brazil from its commercial business and sell it along with a long term toll manu- facturing agreement to the local lab União Quimica. SBK Holding Turkey-based conglomerate Turkey Acquired 100% of Business Operations Biofarma Phar- maceutical Indsutry Co. Turkey-based manufacturer of generic drugs Turkey Advised on Purchase of Company Advised SBK Holding, the Turkey-based conglomerate, on its acquisition of Biofarma, established in 1945 and one of the oldest manu- facturer of generic drugs in Turkey. Biotechnology- Pharmaceuticals Laczay Family Majority owners of target company Hungary Acquired 25% Shares from the Minority Owner Lavet Kft. A leading veterinary producer and distributor Hungary Advised on Sale of 25% Shares of the Company Advised on sale of the sale of 25% shares of Lavet, a leading veterinary producer and distributor to the Laczay family, the majority owners of the business. SBK Holding Turkey-based conglomerate Turkey Acquired 100% of Business Operations Münir S¸ ahin I˙laç Sanayi Turkey-based drug manufacturer Turkey Advised on Purchase of Company Advised SBK Holding, the Turkey-based conglomerate, on its acquisition of Münir S¸ahin I˙laç, established in 1929 and one of the most deep rooted drug manufacturer in Turkey. Abbey Pharma Ltd Supplier of niche pharmaceutical medicines United Kingdom Acquired 100% of Business Operations Peckforton Pharmaceuti- cals Ltd Speciality pharmaceutical company United Kingdom Advised on Sale of Company Specialist pharma- ceuticals company Peckforton has been acquired by Abbey Pharma, in a transac- tion advised by IMAP.
  • 32. Undisclosed Buyer Manufacturer and distributor of medical products Sweden Acquired 100% of Business Operations Countrywide Supplies Ltd Distributor of prescription medical products United Kingdom Advised on Sale of Company Advised Countrywide Supplies, a leading distributor of prescrip- tion medical products, on its cross-border sale to Atos Medical. This transaction further sup- ports Atos Medical’s commitment to the UK market and consumers. Sterling Partners Private Equity fund United States Acquired Business Surgical Solutions LLC Healthcare service provider for operating rooms United States Advised on Sale of Company Advised Surgical Solu- tions, LLC in its majority sale to Sterling Part- ners, a financial buyer. Surgical Solutions, LLC is a healthcare services company providing technicians and equipment to hos- pital operating rooms and surgery centers in support of minimally invasive surgeries. 32 / Healthcare Biotechnology- Pharmaceuticals MedicalDevices-EquipmentandDiagnostics Galderma S.A. World-leading dermatology group Switzerland Acquired 100% of the Shares Spirig Pharma AG European dermatology group Switzerland Advised on Sale of Company Advised Spirig Pharma on its sale to Galderma, a joint venture of Nestlé and L’Oreal . The deal is expected to significantly strengthen Galderma’s position in the dermatology market in CH, DE, AT, CZ, and SK; expand global distribution for Spirig’s skin care and dermatol- ogy products. Stada Arzneimittel AG Leading provider of OTC and generic drugs Germany Acquired 100% of Business Operations Spirig Healthcare AG OTC & generic drugs carve-out of Spirig Pharma AG Switzerland Advised on Carve-out / Sale of a Business Unit Advised the owners of Spirig Pharma on the sale of its generic drugs and OTX busi- ness unit. The business unit was spun off into a new legal entity, which was then sold to STADA. The transac- tion was initiated to leverage accelerating global consolidation in the generic drugs industry. Fagron BV / Arseus NV Pharmaceutical compounding Netherlands Sold Remaining 49% Stake Unit Dose Packaging BV Innovative medical unit dose packaging Netherlands Advised on Sale of Company Advised Hanto Invest, Allcare 4 IT and 4C Care & Consultancy in their sale of patents re- garding single packag- ing of pharmaceuticals to Fagron NV a listed company.
  • 33. SBK Holding Turkey-based conglomerate Turkey Acquired 100% of Business Operations Betasan Manufacturer of bandages and plasters Turkey Advised on Purchase of Company Advised SBK Holding, the Turkey-based conglomerate, on its acquisition of Betasan Bant, the first Turkey based manufacturer of adhesive bandages, flexible bandages and plasters. 33 Undisclosed HNW Individual Financial investor France Acquired 100% of Business Operations FLAMARC Distribution of consumables to dental labs France Advised on Sale of Company Advised the sale of FLAMARC to an exter- nal manager. Founded in 1979, FLAMARC is an innovative company specialized in manufac- turing and distribution of high end consum- ables for dental techni- cians. Lincare Holdings Respiratory, infusion therapy & medical equip United States Acquired Selected Assets of Business Operations Wright & Filippis Non Clinical Group Prosthetics & orthotics United States Advised on Sale of Company Lead a sale process for Wright Filippis noncore Sleep Therapy, Respi- ratory and DME service lines. The transaction represents a significant step in the Com- pany’s ultimate goal of refocusing on its core Prosthetics, Orthotics, Mobility and Acces- sibility businesses. Silver Peak Partners Private Equity Firm United States Acquired 100% of Business Operations MedSource Incorporated Sales and distribution of durable medical equipment United States Advised on Sale of Company Advised MedSource Inc, a distributor and seller of durable medical equipment, to Silver Peak Partners, a Private Equity Firm. EMKA TECH- NOLOGIES Instruments for medical research France Acquired 100% of Business Operations SCIREQ Respiratory research equipments Canada Advised on Purchase of Company Advised EMKA Technologies in the ac- quisition of 100% of the share capital of SCIREQ Scientific Respiratory Equipement Inc., a Canadian designer and manufacturer of pre- clinical equipment for respiratory research.
  • 34. Fort Mobile High net worth individual looking for new platform United States Acquired 100% of Business Quality Mobile X-Ray Mobile x-ray service provider to nursing homes United States Advised on Purchase of Company Advised Fort Mobile on its acquisition of Quality Mobile X-Ray Services, an x-ray services pro- vider. BIOVENDOR - Laboratorni Medicina a.s. Supplier of in- vitro diagnostics products Czech Republic Acquired Part of the Seller’s Business Merebit s.r.o. R&D of laboratory equipment Czech Republic Advised on Sale of Part of the Business Advised Merebit, a R&D of labora- tory equipment company, on its sale to BioVendor, a supplier of in-vitro diagnostics products. 34 / Healthcare MedicalDevices-EquipmentandDiagnostics LDC backed management team UK-based Private Equity House United Kingdom Acquired 100% Prism UK Medical Ltd Moving and handling equipment manufacturer United Kingdom Raised Debt Funding Advised Toronto-based Prism Medical Ltd on the sale of its UK subsidiary, through a management buyout backed by LDC. LifeLabs Inc Medical laboratory testing services Canada Acquired BC Biomedical Laboratories Ltd Medical laboratory testing services Canada Advised on Sale of Company Advised BC Bio- medical on its sale to LifeLabs. Both companies provide patient diagnostic and lab testing services, as well as home care and long-term care visits. The two companies are merging to better serve BC patients and their health providers. LDC backed management team UK-based Private Equity House United Kingdom Acquired 100% of Business Operations Prism UK Medical Ltd Moving and handling equipment manufacturer United Kingdom Advised on Sale of Company Assisted Prism Medical on its strategic objec- tive to exit the UK via the sale of its UK subsidiary through an MBO backed by LDC. IMAP also advised the acquirer on debt financing for the trans- action, after running a competitive process with funders.
  • 35. 35 Mediplast AB Distribution of disposable medical products Sweden Acquired 100% of Business Operations ErgoNordic AB Distribution of disposable medical products Sweden Advised on Sale of Company Advised ErgoNordic, a distributor of products within ostomy care, surgery and wound care, in their sale to Mediplast, a Nordic leader within dispos- ables for the medical sector, with subsid- iaries in all Nordic countries. BENU Ceska Republika a.s. Pharmacy chain, part of PHOENIX Intl. Czech Republic Acquired 100% of Shares VEROPHARM a.s. Pharmacy chain Czech Republic Advised on Sale of Company Advised VEROPHARM, a pharmacy chain based in Czech Republic, on the sale of 100% of its shared to BENU Ceska Republika, a­nother pharmacy chain part of PHOENIX Int. Elements Behavioral Health Provides behavioral health care programs United States Acquired 100% of Business Operations Park Bench Group A drug & alcohol treatment center United States Advised on Sale of Company Advised Park Bench Group, a progressive addiction treatment center specializing in therapies for drug and alcohol abuse, on its acquisition by Elements Behavioral Health. Elements is a family of behavioral health care programs that offers comprehensive, in- novative treatment for substance abuse, sexu- al addiction, trauma, eating disorders and other mental health disorders. FIZAN BIS 2 PZU SA Investment Fund Poland Acquired Majority Control of Business Operations ELVITA Jaworzno III Sp. z o.o. Healthcare and diagnostics, occupational medicine Poland Advised on Sale of Company Advised TAURON, # 2 in Polish power generat- ing sector, in the sale of 7 clinics operated by health care firm Elvita Jaworzno III. The transaction was envisa­ged as an element on TAURON’s disposal of its non-core assets. The company was acquired by TFI PZU, a fund managed by Poland’s largest insurer PZU S.A. OtherHealthcare PatientServices(HMOs,Hospitals,Sr.Facilities) Advised Aamco Medical, a Lehi-based provider of medical equipment, on its ac- quisition by Silver Peak Partners. The deal is in line with Silver Peak’s investment strategies for small companies. Silver Peak Partners Private Equity Firm United States Purchased 100% of Business Operations Aamco Medical Sales and distribution of durable medical equipment United States Advised on Sale of Company
  • 36. Allied Irish Bank Banking institution United Kingdom Provided Term Loan Facility Vanguard Healthcare Group Ltd Provider of mobile surgical facilities United Kingdom Represented the Borrower Vanguard Healthcare Solutions has raised £16.5 million in a debt refinancing deal with high street bank AIB, in a transaction advised by IMAP. Fiba Sagˇlik Yatirimlari A.S. Fiba Group Company engaged in operating hospitals Turkey Acquired Investment Interest Florence Nightingale Hastaneleri Holding A.S. One of the most pretigious health groups in Turkey Turkey Advised on Sale of Company Advised Florence Nightingale Hastaneleri Holding, Turkey based health group, in its 50% stake sale to Fiba Sagˇlik Yatirimlari, a Fiba Group Company. 36 / Healthcare PatientServices (HMOs,Hospitals,Sr.Facilities) Industrials Up to $500M Source: Thomson Reuters 1 PwC 2 KPMG 3 IMAP 4 Ernst & Young LLP 5 Deloitte 5* BDO 7 Lincoln International 8 Mizuho Financial Group 9 Rothschild 10 M&A International Cambian Group plc Provider of specialist behavioural health services United Kingdom Acquired 100% of Business Operations Ansel Ltd Specialist personality disorder services United Kingdom Advised on Sale of Company Advised The Ansel Group (Ansel), a specialist in personal- ity disorder services, on its sale to London Stock Exchange-listed Cambian Group.
  • 37. Aerospace andDefense Intro Aviation GmbH Specialists in airline restructuring Germany Acquired 100% of Business Operations CityJet Regional business airline Ireland Advised on Sale of Subsidiary Advised Air France on the sale of its Irish sub- sidiary CityJet to INTRO Aviation GmbH, a subsidiary of the INTRO Group. Intro Aviation focuses on restructur- ing airlines and CityJet is its eleventh such investment. Komercni banka a.s. Leading merchant bank in the Czech Republic Czech Republic Provided Entire Refinancing of the Project TESLA Jihlava a.s. Leading mechatronic composite parts provider Czech Republic Advised on Restruc- turing of Debt and Debt Refinancing Advised on restructur- ing of debt and debt refinancing. Webasto SE Cooling & heating systems for car, truck & offroad Germany Acquired 100% of Business Operations Hebei Nanfeng Automobile Equipment Group Co., Ltd. Heating devices for buses and trucks China Advised on Purchase of Company Advised Webasto Thermo & Comfort SE on the acquisition of 70% of the shares of Heibei Southwind Automobile Equipment (Group) Co., Ltd.; Hei- bei, China. Through this acquisition, Webasto has taken a solid step in the fast-growing Chinese market and consolidated its market leader position. AutomobilesandComponents 37 Mercedes AMG GmbH Mercedes-Benz automobiles Germany Acquired Investment Interest MV Agusta Motor SpA Production of exclusive and sport motorbikes Italy Advised on Sale of Company Advised MV Agusta Motor, leader in the manufacturing and distribution of exclusive and sport motorbikes, in opening its share capital to Mercedes- Benz, German automo- tive leader. Regimen Equity Partners Private Equity investor Canada Acquired 60% of the Business CRS Cranesystems Inc Overhead bridge crane service Canada Advised on Sale of Company Advised CRS Cranesys- tems on its sale to the Private Equity investor Regimen Equity Partners.
  • 38. Per Vannesjo Industri AB Industrial conglomerate Sweden Acquired 100% of Shares Ess Kå Metallindustri AB Producer of hydraulic pressed components Sweden Advised on Sale of Company Advised Ess Kå Metallindustri AB, a leading Swedish supplier of hydraulic pressed and eccentric pressed components to the heavy vechicle industry. This transaction will generate both Ess Kå Metallindustri and Ekenäs Mekani- ska a well-balanced customer and product portfolio, as well as improved cross-selling potential. TEGR, a.s. SPV Czech Republic Acquired 65% of the Company Telcska Strojirenska, a.s. High precision automotive engines parts producer Czech Republic Advised on Sale of 65% Shares Advised on sale of 65% shares of Telcska Strojirenska to TEGR. 38 / Industrials AutomobilesandComponents TA Holding GmbH, Obermark Value Private Equity company Germany Acquired 100% of Business Operations THUN Automotive GmbH Automobile supplier Germany Advised on Sale of Company Advised an investment fund on the acquisition of 100% of the shares of THUN Automotive GmbH, Gevelsberg. Merlinum AB Private industrial investment company Sweden Acquired 100% of Business Operations Swepart Transmission AB Manufacturer of gearboxes and gearwheels Sweden Advised on Sale of Company Advised Hexagon on its divestment of SwePart. Taken private by Hexa- gon in 1999, SwePart, with EBP, comprised Hexagon’s “Other Operations” division. EBP was sold in 2013; this deal is in alignment with Hexagon’s strat- egy to focus on its core business. Western Power Sports Distributor of power sports equipment United States Acquired Selected Assets of Business Operations Marshall Distributing Distributor of winter sporting goods United States Advised on Sale of Company Advised Marshall Dis- tributing on its sale to Western Power Sports, a catalog-based whole- saler of a wide range of aftermarket parts and accessories, as well as sports apparel, for the powersports market. The transaction ex- ceeded initial expecta- tions and provided not only complete recovery to the lenders, but also equity return to the shareholders.
  • 39. 39 SIG plc Distributor insulation and ventilation products United Kingdom Acquired 100% of the Business Multijoint Distributor of insulation and ventilation products Switzerland Advised on Sale of the Company Advised Multijoint, a distributor of insulation and ventilation prod- ucts, on its sale to SIG. Building/ConstructionandEngineering Inter IKEA Investments AB Investment group Sweden Acquired 40% of Business Operations Ryds Bilglas AB Leading vehicle glass repair and replacement group Sweden Advised on Sale of Company Advised Ryds Bilglas on its sale of a 40% stake to Inter IKEA investments. The deal provides Ryds with an opportunity to build a stronger platform. Dur- ing the deal process, Ryds Bilglas acquired Sweden’s third largest glass player, Samglas. Grupo Gerencial Private investors Argentina Acquired 70% Shares Mecanismos International SA Argentine market of OEM Argentina Advised on Purchase of Company Advised Mecanismos International SA, a Buenos Aires-based manufacturer of motor vehicle parts, on the divestment of a 70% interest in the company to an undisclosed ac- quirer. Yellow Dot, Inc. Private Equity United States Acquired 100% of Business Assets Yellow Dot, LLC HVAC Installer & Servicer United States Advised on Sale of Company Advised Yellow Dot Heating and Air Conditioning in its sale to a family office. Yellow Dot Heating and Air Conditioning is a leading provider of HVAC installation and services to the residential and com- mercial markets in North Carolina. Management team Holding company of the managers France Acquired 100% of Business Operations BASTIDE BONDOUX Thermic engineering services company France Advised on Sale of Company Advised EDF in the sale of Bastide Bondoux to the management team. Bastide Bondoux is a thermic engineering firm located in the Rhône-Alpes region and specialized in residential home.
  • 40. Arco Limited Distributor of PPE United Kingdom Acquired 100% of Business Operations Total Access (UK) Limited Provider of equipment and training United Kingdom Advised on Sale of Company Advised height safety services provider Total Access (UK) Ltd on its sale to Arco Ltd, a lead- ing supplier of safety equipment, training & consultancy. SSG Sahala Oy Industrial maintenance and service provider Finland Acquired 100% of the Shares Myllykosken Asennuspalve- lu Oy Industrial maintenance and service provider Finland Advised on Sale of Company Advised Myllykosken Asennuspalvelu, an industrial maintenance and service provider, on its sale to SSG Sa- hala. Building/ConstructionandEngineering 40 / Industrials Ahlsell Industrial group Sweden Acquired 100% of Business Operations Almen Special Fastener Swedish fastening material company Sweden Advised on Sale of Company Advised the owners of Almen Fastener, a company special- ized in customized fastening products, in their sale to the industrial group Ahsell, the leading technical trading company in the Nordic countries within installation products, tools and machinery, with operations also in the Baltic States and Russia. Amsycom Real Estate services France Acquired 100% of Business Operations Cardete & Huet Architectural company France Advised on Sale of Company Advised the founders Francis Cardete and Gérard Huet in the sale of their architectural company to the group Amsycom. This opera- tion allows the group to largely enhance its architectural division and become a global group in its field, able to compete with the big players within the industry. Polaris Private Equity Private Equity fund Denmark Acquired 100% of Business Operations Louis Poulsen Lighting Production of design lighting fixtures Denmark Advised on Sale of Company Advised Targetti, an Italian leader in the architectural lighting sector, in the disposal of a 100% stake in Louis Poulsen, a Danish op- erator in the design lighting sector, to the Private Equity Fund Polaris.
  • 41. 41 M.T. SARL Holding company of the buyer (private individual) France Acquired 100% of Business Operations SOCRA Restoration of historic monuments and works of art France Advised on Sale of a Subsidiary Advised Vinci Construc­tion in the sale of SN Socra to the managing director, associated with a regional entrepreneur. SN Socra is now ready to start to grow outside of France under the leadership of its new manage- ment team. Axtone sp. z o.o. Prailcar components’ manufacturer Poland Acquired 100 % of Business Operations HSW Zaklad Sprezynownia sp z o.o. - HSW ZS Manufacterer of rolled coil springs for rail vehicles Poland Advised on Purchase of Company Advised Axtone in the acquisition of HSW Sprezynownia sp. Z o.o., the sole producer of hot formed coil springs in Poland. The transaction was fo- cused on strengthening Axtone position in rail springs and followed the acquisition of Ger- man L&S in 2012. L’Albaron Maintenance and electrical works France Acquired 100% of Business Operations Holley Duran Plumbering works France Advised on Purchase of Company Advised L’Albaron for the acquisition of a majority stake in Holley Duran. The family group, Albaron is spe- cialized in maintenance and small construction works. The acquisition of the company Holley Duran in Vincennes allows the group to create a plumbing and heating branch in Paris region. Management + PEG Management + PEG France Acquired 100% of Business Operations Groupe Wings Electrical works France Advised on Sale of Company Advised the restructur- ing of the Group Wings: Stéphane Lericq (Managing Director for 4 years), the managers and BNP DEV (PEG) became majority share- holders of the Group. The Group Wings is one of the main actors in the electrical instal- lations sector in the Paris region. Panostaja Oyj Listed Private Equity Firm Finland Acquired 100% of the Shares KotiSun Oy Standardized HV projects for domestic properties Finland Advised the Sellers Advised KotiSun Oy, a water and heating network renovation services provider, on its sale to Panostaja Oyj. The deal enables Panostaja to expand its business operations to a new business area specializing in building technology renovation for houses.
  • 42. Management team backed by minority shareholder of entity Construction - excavations and civil engineering Poland Management Buy Out Gollwitzer Polska sp. z o.o. Construction - excavations and civil engineering Poland Advised on Sale of 75% Stake in Subsidiary Advised the civil engineering company Harald Gollwitzer GmbH on the sale of its 75% stake in Gollwitzer Polska Sp. z o.o. As part of a MBO, the family of the polish managing director Jan Michna, together with the technical manager, increase their 25% stake to 100%. Both Gollwitzer companies will continue their existing successful co- operation in Germany and Poland. Altrad Stellingbouw Balliauw Active in scaffolding & industrial insulation Belgium Acquired 100% of Business Operations Profix Group Active in scaffolding & industrial insulation Belgium Advised on Sale of Company Advised Profix Group, a company active in scaffolding and industrial insulation, on its sale to Altrad Stel- lingbouw Balliauw. Building/ConstructionandEngineering 42 / Industrials Masonite International Corporation Global designer and manufacturer of doors United States Acquired 100% of Business Operations Door-Stop International Ltd Manufacturer of composite exterior doorsets United Kingdom Advised on Sale of Company Advised the share- holders of Door-Stop International on the cross-border sale to Canadian trade buyer Masonite International. The transaction allows Masonite to strengthen its global manufac- turing network and provides a gateway into the UK composite entrance door market. Via Venture Partners Private Equity Firm Denmark Acquired Majority VB Enterprise A/S HV installation & service - Offshore Wind Denmark Advised on Sale of Company Advised VB Enterprise, the global market leader in installation and O&M services for high-voltage compo- nents to the offshore wind turbine industry, on its sale to Via Ven- ture Partners, a Danish PE Group focusing on companies within the Scandinavian SME- segment. Regimen Capital Partners Private Equity Firm targeting industrial business Canada Acquired a 50% Interest TVE Industrial Services Ltd. Industrial services and maintenance provider Canada Represented the Seller Represented TVE In- dustrial Services on the sale of a 50% interest to Regimen Capital Part- ners, a Private Equity Firm targeting industrial businesses.
  • 43. 43 Sec Partners & Ciclad Private Equity Group Switzerland Acquired Investment Interest F Bernasconi & Cie SA A leading construction & civil engineering group Switzerland Advised on Sale of Company Advised Bernasconi on the reorganization of its shareholding with the Geneva-based Private Equity Firm SEC Partners and the French Private Equity Fund Ciclad. The invest- ment is in line with Bernasconi’s growth strategy within the Suisse romande region. MiTek Industries Supplier of structural connector systems United States Acquired 100% of Business Operations Benson Industries llc Provider of custom curtainwall and cladding United States Advised on Sale of Company Advised on the sale of Benson Ind. to MiTek Ind., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc. Benson is the global leader of custom unitized curtain wall systems for high-end commercial buildings worldwide. Prosperus FGS Private Equity Fund Croatia Acquired 26,5% Minority Share - Increase in Capital Vodoskok d.d. & Heplast - pipe d.o.o. Leading whole- saler&producer of pipes and fittings Croatia Advised on Sale of Company Advised Vodoskok on its sale of a minority stake to Private Equity company Prosperus-­ Invest. Funds will be used for further devel- opment and invest- ments in upgrading the production facilities in Vodoskok’s subsidiary. Machinery Management of the UK municipal division of Ovivo Inc Wastewater treatment equipment and services United Kingdom Acquired Selected Assets Ovivo Inc Global provider of solutions for water treatment Canada Advised on Purchase of Company Advised on the management buyout of the Midlands-based municipal arm of Canadian-listed group Ovivo (TSX: OVI). Dr. Dieter Mur- mann Beteili- gungsgesell- schaft mbH German Family Office Germany Acquired 100% of the Shares Profilator Group Specialized machine tool manufacturer Germany Advised on Sale of Company Advised the Profilator- Group on selling their shares to Dr. Dieter Murmann Beteili- gungsgesellschaft mbH, including all locations in Germany and the USA from the founding shareholding company Wera Werk Hermann Werner GmbH & Co.KG.
  • 44. Atlantic Capital Private Equity Netherlands Acquired 100% of Business Operations Viba N.V. Technical trading company in mounting solutions Netherlands Advised on Purchase of Company Advised management of Viba, a wholesaler of industrial fixing sys- tems and automotive parts, in the process of de-listing the company and the sale to Atlantic Capital, a Dutch Private Equity Firm. Wagner Holding GmbH Family Office of an entrepreneurial family Germany Acquired 30% of Business Operations Mamito GmbH System supplier to support deep frying processes Germany Advised on Acquisi- tion of Portfolio Company Advised Wagner Holding GmbH on the acquisition of a 30% stake in Mamito GmbH, thereby expanding its portfolio of innovative SMEs in the sustain- able food sector. Sarea Group Private Equity fund Canada Acquired 100 % of Business Operations Redecam Equipment to complex flue gas treatment system Italy Other - Distressed M&A Advised Redecam, Ita­lian leading Group in the design, manufactu­ ring and installation of solutions ranging from simple filtration equip- ment to complex flue gas treatment systems, on the disposal to Sarea Group, a Canadian Private Equity fund, by executing a complex financial restructuring agreement with a pool of financial institutions. TES Industries Holding B.V. Holding company Netherlands Acquired 100% of Business Operations Holding TES Industrial Systems B.V. Development and production of crane drive concepts Netherlands Advised on Purchase of Company Advised TES Industries Holding B.V. with the 100% acquisition of Holding TES Industrial Systems. TES Industrial is active in the develop- ment and production of drive concepts for cranes in container, bulk handling, heavy lift, steel and aluminum industries, conveyors, winches across the world. 44 / Industrials Machinery Machine Solutions Equipment manufacturer for healthcare industry United States Acquired 100% of Assets Steeger USA Braiding machinery manufacturer for healthcare industry United States Advised on Sale of Company Advised Steeger USA in its sale to Forsyth Capital, a financial buyer. Steeger USA is a leading manufacturer of braiding manufac- turing equipment for the medical device industry.
  • 45. Private Investor Private investor Belgium Acquired 100% of Business Operations Firma Léon Callot European distributor of needles and spare parts Belgium Advised on Sale of Company Advised on the sale of Firma Leon Callot, and european distributor of needles and spare parts, to a private investor. Lakics Kft. Production of welded steel- constructions Hungary Acquired Majority Control of Business Operations Rutin Kft. Manufacturing and erection of steel structures Hungary Advised on Sale of Company Advised Rutin, a company specialised in manufacturing and erecting steel struc- tures, on its sale to Lakics, a production of welded steel construc- tions company. 45 Neptune Marine Maritime service provider Netherlands Acquired 100% of Business Operations Stagro Hydraulics B.V. Hydraulics Netherlands Advised on Sale of Company Advised Stagro Hydraulics, active in hydraulic systems, components and ser- vices for the dredging industry in their sale to Neptune Shipyards. Neptune Shipyards is a maritime service provider, specialized in workboats for the offshore and dredging markets. Logopak Systeme GmbH & Co. KG Manufacturer of labeling systems Germany Acquired 100% of Business Operations LSS Etikettering A/S Manufacturer of labeling systems Denmark Advised on Sale of Company Advised LSS Etiketter- ing, the leading manu- facturer of customized labeling systems in Scandinavia, on its sale to Logopak Systeme, a top European manu- facturer of logistical integrated labeling systems. The acquisi- tion provides numerous synergies to both companies without loss of independence. Stone Pointe, LLC Private Equity Group United States Provided Recapitalization Options Vapor Power International LLC Manufacturer boilers & generators for industrial use United States Advised on Recapi- talization of Company Advised Vapor Power International, LLC on its recapitalization by Stone Pointe, LLC and management. Vapor Power manufactures boilers, steam genera- tors, thermal fluid heat- ers and electric boilers for use in industrial, commercial, marine and military boiler applications around the globe.
  • 46. 46 / Industrials Machinery Groupe JBT Production of plastic components France Acquired 100% of Business Operations Kaona Injection moulding of plastic parts Hungary Advised on Purchase of Company Advised Groupe JBT, a company specialised in the production of plastic components, on its acquisition of Kaona, an injection moulding of plastic parts company. Corning Incorporated Provides end-end fiber & coper product solutions United States Acquired 100% of Business Operations TR Manufacturing Manufactures fiber optic & copper cable United States Advised on Sale of Company Advised TR Manu- facturing, a leading provider of fiber-optic and copper cable, com- ponent interconnects and electro-mechani- cal assemblies, on its acquisition by Corning, a global provider of connectivity solu- tions for every part of the communications network. OtherIndustrials RENA GmbH Equipment and chemical process technology Germany Capital Injection Stulz H+E Holding GmbH Technology water purification & renewable energy Germany Advised on Purchase of Company Advised RENA, a leading supplier of production systems for the wet chemical pro- cessing of substrates for the photovoltaics and semiconductor industries, on a capital injection to Stulz H+E. The transaction will foster further growth of the SH+E Group. Guangxi Liugong Machinery Leading Chinese construction equipment manufacture China Acquired 100% of Business Operations Division I HSW S.A. Producer of construction equipment Poland Advised on Sale of a Division of the Company Advised Huta Stalowa on its sale of a divi- sion to China-based LiuGong Machinery. The deal is expected to strengthen LiuGong’s market position. LiuGong Machinery has a publicly-stated goal of becoming one of the world’s top 10 construction equipment manufacturers by 2015. American Crane Group Newly formed parent company of AE & 4OCG United States Acquired 100% of Business 4OCG Overhead crane service company United States Advised on Merger with American Equipment Advised 4OCG, an overhead crane service company, on its merger with American Equipment. A parent company, American Crane Group, was also formed in the process.
  • 47. 47 NES Investments II BV Private Equity Firm Netherlands Acquired Majority Control of Business Operations Adesso Valve BV Production and sales of subsea valves Netherlands Advised on Sale of Company Advised Nostro Futuro BV on their sale of a majority of the shares of Adesso Valve BV, a valve manufacturer specialised in subsea valves for the offshore, to NES II BV, a Dutch Private Equity Firm. Conair Corporation Household & personal products United States Acquired 100% of Business Operations Corporacion Milenium Distribution of household & personal products Mexico Advised on Sale of Company Advised Corporacion Milenium, a private family-owned Mexican company, on the sale of 100% of its shares to Conair Corporation, one of the 200 largest privately-owned companies in the US. Corporacion Milenium is a leading distribu- tor of household & personal care products in México. NIBE Industrier AB (PUBL) An international heating technology company Sweden Offer to Acquire 100% of the of the Outstanding Shares of WaterFurnace Renewable Energy, Inc. WaterFurnace Renewable Energy, Inc. Geothermal and water source heat pumps United States Financial Advisor to the Independent Committee of Water- Furnace Renewable Energy, Inc. Acted as financial advi- sor to the Special Com- mittee of the board of directors of WaterFur- nance, and provided a fairness opinion to the Special Committee sup- porting the proposed transaction. Xingyu Automotive Lighting Systems Co. Ltd. Manufacturer of automotive luminaires China Acquired 70% of the Shares Neue I&T GmbH Manufacturer of extruded flat flexible cables Austria Advised on Sale of the Company Advised Neue I&T GmbH on its sale of 70% of its shares to Xingyu Automotive Lighting Systems Co. Ltd. With the acquisi- tion of the Neue I&T GmbH in Austria and its patented produc- tion of extruded flat flexible cables, Xingyu can extend its product range to other indus- tries as well as launch a new generation of luminaires for the automotive industry through a smaller and lighter design. Lagercrantz Group AB Industrial conglomerate Sweden Acquired 100% of Business Operations Load Indicator AB Manufacturing of load cells and torque sensors Sweden Advised on Sale of Company Advised Load Indicator, a niche company active within designing and manufacturing of load cells, force sensors and torque sensors, in their sale to Lagercrantz Group.
  • 48. Carmanah Technologies Corp Solar technology Canada Acquired 100% of Business Operations SOL Inc Solar technology United States Other Provided fairness opinion. OtherIndustrials 48 / Industrials LDC Private Equity United Kingdom Acquired 100% of Business Operations Angus Fire Ltd Manufacturer of fire fighting products/ technology United Kingdom Advised on Purchase of Company Supported the £62 million MBO of Angus Fire from NYSE-listed United Technology Corporation. PE firm LDC took a major equity stake in the newly-created entity as part of the deal; will capitalize on growing global demand for its products within the oil & gas sector. Worthington Cylinders Corp Diversified metals manufacturer United States Acquired 100% of Business Operations Westerman Cos Manufacturer of oil and gas productin units United States Advised on Sale of Company Advised Westerman Companies, the only North American ma­ nufacturer of enriched UF6 storage/transpor- tation cylinders for the nuclear industry, on its sale to Worthington Cylinders Corp, a unit of Worthington Industries Inc. Danube SCA Sicar Private Equity Firm Luxembourg Acquired 100% of Business Operations Ramirent Oyj Equipment rental company Hungary Advised on Purchase of Company Advised Danube on the acquisition of the operations of Ramirent, a provider of machi­ nery rental services, in a leveraged buyout transaction. This falls in with Danube’s strategy to enter new markets. ILAN German Family Office Germany Acquired 51% of Business Operations LemTec Innova GmbH & Co. KG Manufacturer of lighting equipment& electric lambs Germany Advised on Pur- chase of Majority Participation Advised ILAN, a Ger- man Family Office on the acquisition of 51% of the business opera- tions of LemTec Innova GmbH & Co. KG. With this strategic transac- tion, ILAN was able to expand their invest- ment portfolio in the field of light systems.
  • 49. 49 Bank of America Bank United States Provided Revolving Credit Facility American Micro Products Precision machining company serving the transport United States Advised on the Placement of Debt Advised on the refi- nancing of American Micro Products, Inc. DEKRA CZ a.s. Global automotive & industrial expert organisation Czech Republic Asset Deal TMW, a.s. Selected assets - technical inspection center Czech Republic Advised on Purchase of Company Advised Dekra, a global automotive and indus- trial expert organisa- tion, on the acquisition of TMW’s selected assets. Transportationand Infrastructure FB Capital Private Equity Firm United Kingdom Provided Growth Funding Parcel Monkey Ltd Online aggregator of freight services United Kingdom Advised on the Placement of Equity Acted for Parcel Monkey in a £1 million investment from Private Equity Firm, Frost Brooks. The Parcel Monkey Group, is a group of eCommerce service companies consisting of three brands- Parcel Mon- key, Cloud Fulfilment and KONG. MALHERBE Fast growing transportation group, PEG owned France Acquired Majority Control of Business Operation ADVANCE CODIMAS General logistics and freight forwarding group France Advised on Sale of Company Advised the sale of CODIMAS to MALHERBE GROUP. CODIMAS is a special- ist of high end logistics with a revenue of € 15 million and a total headcount of 100 em- ployees. MALHERBE is the third French goods transportation in lots and bulking. CataCap Management ApS Danish PEG focused on the SME market Denmark Acquired Majority Control of Business Operations Handicap- Befordring & Colum-bus Provider of special care transport services Denmark Advised on Sale of Company Advised on the merger of Handicap-Befordring and Colum-bus, the clear market leader within special care transport services in Denmark, on its sale to CataCap, a Danish Private Equity group with a focus on compa- nies with high growth potential within the Danish SME-segment.
  • 50. Chemicals Materials Up to $500M Source: Thomson Reuters 1 KPMG 2 PwC 3 Ernst & Young LLP 4 BDO 5 IMAP 6 Deloitte 7 Morgan Stanley 8 Barclays 9 Mizuho Financial Group 10 Rothschild Blackford Capital LLC / Amtech, LLC Midwest based Private Equity Firm United States Acquired Majority Control of Business Operations McClarin Plastics, Inc. Designer & manufacturer of thermoformed plastic United States Advised on Sale of Company Advised McClarin Plastics, a designer and manufacturer of thermoformed plastic, on its sale to Blackford Capital LLC / Amtech. Siparex, BPI France and Management PEG France Acquired 100% of Business Operations Duralex Peintures Paints manufacturing for professionals France Advised on Sale of Company Advised Initiative & Finance in the sale of Duralex Peintures to Siparex Proximite Inno- vation and BPI France, allowing the actual manager to increase its stake in the company. Vertellus Specialties Chemicals manufacturer United States Acquired 100% of Business Operations Pentagon Chemicals Chemicals manufacturer United Kingdom Advised on Sale of Company Pentagon Chemicals Holdings, the UK chemical manufacturer, has been acquired by US group Vertellus in a deal advised by IMAP.
  • 51. 51 Indorama Corporation Pte. Ltd. Manufacturer of industrial products Singapore Acquired Majority Control of Business Operations Industries Chimiques du Sénégal (ICS) Phosporic acid producer Senegal Advised on Sale of Company Archean Group (Arche- an) divested its fertilizer business in Senegal viz. Industries Chimiques du Sénégal (ICS) to Indorama Corporation (Indorama). The deal marks a successful exit for Archean which had entered ICS in 2008 through a JV with IFFCO and the Govern- ment of Senegal. Lotorp Industrial group Sweden Acquired 100% of Business Operations Candor Sweden Chemical and metal supplier Sweden Advised on Sale of Company Advised the owners of Candor in the sale pro- cess to Bolagsgruppen Lotorp, an industrial group that acquires and develops medium sized businesses with a long term view on the investments. Mann + Hummel Group Filtration solutions Germany Acquired 50% of the Business Microdyn Nadir GmbH Production of membranes Germany Advised on Sale of Company Advised Microdyn Nadir GmbH on the sale of 50 % of their shares to Mann + Hummel. In the sector water filtra- tion with its patented products, Microdyn Nadir offers an optimal addition to the already existing product port- folio of Mann+Hummel (M+H). With Microdyn Nadir, Mann+Hummel can especially expand its business in Europe and USA. ICM Products Specialty silicone manufacturer United States Acquired 100% of Business Operations Amber Group Specialty silicone manufacturer United Kingdom Advised on Sale of Company Advised Caledonia Investments on the sale of Amber Chemical to strategic US purchaser ICM Products. This deal represents the ongoing consolidation in specialty chemi- cals, as multi-national chemicals groups look to grow and diversify. Lubar & Co. Family Office United States Acquired 100% of Business Operations ChemDesign Products, Inc. Provides chemical toll processing United States Advised on Sale of Company Advised ChemDe- sign Products Inc., a provider of custom toll manufacturing services to the global chemical industry, on its sale to Lubar & Co. in a secondary buyout transaction.
  • 52. 52 / MATERIALS Pohjanmaan Rakennuspelti Oy Sheet metal and glass works Finland Acquired 100% of Shares Scan-Mikael Oy Manufactures and designs glass wall systems Finland Advised on Sale of Company Advised Scan-Mikael, a manufacturer and designer of glass wall systems, on the sale of a 100% of its shares to Scanmikael, a sheet metal and glass works company. Management Management team Belgium Acquired 100% of Business Operations RG Tegelfabriek Rousseau A leading player of ceramic tiles in Belgium Belgium Advised on Sale of Company Advised RG Tegelfab- riek Rousseau on the sale of their business operations to its man- ager’s daughter. Altra Industrial Motion Corp. (Nasdaq: AIMC) Manufacturer of power transmission/ motion control products United States Acquired 100% of Business Operations Guardian Industries, Inc. Manufacturer of industrial couplings United States Advised on Sale of Company Advised Guardian Industries on its sale to Altra Industrial Motion Corp. in a negotiated transaction. The buyer viewed Guardian as a strategic fit with its current portfolio and an opportunity to increase its presence in the country. Inwido AB Europe’s largest manufacturer of windows and doors Sweden Acquired 100% of Business Operations JNA Vinduer & Døre A/S and Säästke OÜ Manufacturing and sale of windows Denmark Advised on Sale of Company Advised JNA Vinduer & Døre og Spar Vinduer, two leading windows & doors marketers in Denmark, on the sale to Inwido, Europe’s leading window & door solutions provider (20 brands/ 3,100 employ- ees in 8 countries). The deal increases Inwido’s presence in the grow- ing windows & doors online market. ConstructionMaterials Chettinad Cement Corporation Limited Amongst top 10 cement manufacturers in India India Acquired Anjani Portland Cement Ltd. Established cement manufacturer India Advised Buyer on Purchase and Open Offer Process as per Public Market Regu- lations in India Advised Chettinad Ce- ment on the acquisition of the equity shares held by the promoters of APCL along with debt in the company for an overall Enterprise Value of $ 60 million. The acquisition of APCL triggered an open offer for 26% of equity stake as per SEBI (SAST) Regulations. Construction materials>Cement
  • 53. 53 MyHome Industries-CRH Plc Leading cement manufacturer in south India. Joint Venture with CRH Plc India Acquired 100% Shares Sree Jayajothi Cements Limited Cement manufacturer in south India India Advised Buyer on Purchase Advised MyHome Industries-CRH Plc on acquisition of 100% equity shares of Sree Jayajothi Cements along with debt in the company for an overall Enterprise Value of $ 230 million. Gilde Equity Management Benelux Private Equity Netherlands Acquired Majority Control of Business Operations pack2pack Halsteren B.V. Industrial tinplate packaging Netherlands Advised on Sale of Company Advised Greif interna- tional B.V. on the carve out of their European tinplate packaging subsidiary pack2pack Halsteren B.V. to Dutch Private Equity group Gilde and management. Bunzl Plc Multinational distribution and outsourcing company United Kingdom Acquired 100% of the Company OSKAR PLAST, s.r.o. Distributor of disposable packaging products Czech Republic Advised on Sale of Company Advised Oskar Plast, a specialized supplier of packaging materials on its sale to Bunzl. The owner has monetized its own business and is now managing the entire Bunzl operation in the Czech Republic. ContainersandPackaging RPC GROUP PLC Leading supplier of rigid plastic packaging United Kingdom Acquired Majority Control of Business Operations Helioplast doo Leading producer of rigid plastic packaging in SEE Bosnia and Herzegovina Advised on Sale of Company Advised Helioplast doo, manufacturer and wholesaler of plastic containers, in its sale of a majority interest to UK-based RPC Group PLC. The acquisition offers RPC market entry to Bosnia and Herze- govina, strengthening its sales and manufac- turing position in south east Europe. Minemakers Limited Exploration, evaluation & development of mineral deposits Australia Acquired 100% of a Near-term Rock Phosphate Project Project Baobab Eocene-era phosphate rock deposit (1,553km2 conc.) Senegal Advised on Sale of Assets Advised on the disposal of a rock phosphate project in Senegal. MetalsandMining
  • 54. 54 / MATERIALS MetalsandMining Gjuteriteknik LM Abrahamsson AB Zink foundry business with surface treatment Sweden Acquired 100% of Business Operations KH Metallgjuteri AB One of the leading zink foundries in the Nordics Sweden Advised on Sale of Company Advised KH Metall- gjuteri in their sale to Gjuteriteknik LM Abrahamsson AB. KH is engaged in manu- facturing and finishing of die casted parts in zinc to the electronics, hydraulics, furniture and heavy vehicle industries. Scorpio Mining Corp. Silver producer in Mexico Canada Acquired 100% of Business Operations U.S. Silver & Gold Inc. Silver producer in U.S Canada Advised the Buyer Advised the special committee of Scorpio Mining Corp as its exclusive advisor in the business combination with U.S. Silver & Gold to complete a merger of equals creating a junior silver producer with production fa- cilities in the USA and Mexico. The pro-forma market capitalization was valued at $67 million. Klesch Group (through Aldel Holding BV) Production-trading of chemicals, metals and oil Switzerland Acquired Selected Assets of Business Operations Leali SpA / Acciaieria Valsugana SpA Leading player in the Italian steel sector Italy Distressed M&A Advised Leali Group (Leali and Acciaieria Valsugana) in the dis- posal of the Odolo and Borgo Valsugana steel plants and the partici- pation in a subsidiary to Klesch Group, a global industrial commodities business, with three divisions specialising in the production and trading of chemicals, metals and oil. Fomas Spa through the subsidiary Fomas Inc. Production of forgings and seamless rolled rings Italy Acquired 100% of Business Operations Ajax Rolled Ring & Machine Production of forgings and seamless rolled rings United States Advised on Purchase of Company Advised Fomas, lead- ing manufacturer of forgings and seamless rolled rings, in the acquisition of 100% of Ajax Rolled Rings & Machine LLC, another player of the same sector based in South Carolina, US. Portuguese Investment Bank Investment bank Portugal Acquired Investment Interest I’M Mining, Sgps, S.A. Mining of copper and zinc Portugal Advised on Sale of Company Was invited to advise on the sale of a minority stake (9%) in the I’M Mining. I’M Mining is a cooper and zinc mine located in the southern part of Portugal.