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Universidad Alfonso X El Sabio and CVC Fund VII team up to create new leader in education

Business will continue to be led by Jesús Núñez, founder and president of UAX, with new focus on increasing international reach

The Universidad Alfonso X El Sabio (UAX), one of the principal private education institutions in Spain and the oldest in its field, has announced today its partnership with the investment advisory firm CVC to build a new international leader in the higher education sector.

Established in 1994, UAX has a proven track record of success and offers a wide array of higher education options: 49 degree courses and 46 postgraduate and master programmes. The university specialises in academic development with a particular focus on the education of professionals destined for the corporate world, thanks to its 8,800 agreements with companies, institutions, associations and individuals. It currently has 8,500 students enrolled and an alumni community of over 37,000 graduates. UAX is recognised for its healthcare training with three healthcare centres, a veterinary hospital that is renowned Europe-wide, an innovative Virtual Simulation Hospital and a premium campus spanning over 1 million square metres.

CVC will support the founding team led by Jesús Núñez, president of the university, to ensure continued growth in Spain and internationally, both on campus and online. The five-year plan includes both organic and inorganic growth. Organic growth will be driven by expanding the current offering, growing the number of online students and strengthening its professional training.

The higher education sector is currently facing several challenges, including greater international competition, the digitalisation of courses, and new professional skills. To address these challenges, the founders of UAX have sought a partner that will drive growth while continuing to ensure the highest standards of quality for students, faculty and researchers.

CVC Fund VII will become an indirect shareholder of UAX, providing the required financial resources for the business, while current shareholders will remain invested. CVC will bring to bear its international reach and industry links.

CVC Funds have been investing in Spain since 1997, primarily in healthcare, energy and infrastructure. CVC Funds are currently invested in QA Education, the UK’s leading business and IT training company.

The closing is expected once all relevant regulatory and competition authorisations have been secured.

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Bridgepoint to acquire Kyriba

Bridgepoint

March 28, 2019 (SAN DIEGO, CA) – Kyriba, the global leader in cloud treasury and finance solutions, today announced that it is in advanced talks with Bridgepoint, an international private equity group focused on investing in market-leading businesses, to receive a $160M investment round to accelerate innovation and growth of its enterprise platform. The deal, once closed, would give Bridgepoint a majority stake in the business, and value Kyriba at $1.2 billion. Daher Capital, Iris Capital and Kyriba Chairman and CEO Jean-Luc Robert will remain as investors in the company.

New capital will be used to fuel further product innovation, enhance customer support and expand open partner ecosystem.

“Bridgepoint will help us fulfil our mission of enabling CFOs and treasury executives to be more agile and efficient in managing their global cash and liquidity,” Robert said. “In today’s complex and highly volatile business environment, finance leaders need real-time visibility and pinpoint control over their cash operations to maximize growth and opportunity.”

Kyriba

Kyriba’s cloud platform seamlessly connects siloed financial systems – banks, ERPs, and other systems – to enable global organizations to improve key capabilities for cash and risk management, payments and working capital optimization. Through its open ecosystem, Kyriba enables strategic partners to access its platform and create value-added services that no other vendor can offer.

Kyriba’s unique value proposition resulted in a record growth year in 2018, including surpassing $110M in revenue and netting 229 new clients. In January, Kyriba announced its plans to acquire FiREapps, a leader in enterprise currency management, which will create the industry’s most robust, end-to-end solution for managing FX risk.

“We are very pleased to be engaged with Kyriba in this next stage of growth. Kyriba is a fast-growing company with an impressive track record of double-digit expansion and is the global market leader in cloud-based treasury management software solutions,” said Andrew Sweet, a New York-based partner at Bridgepoint. “With a market-leading offering and leadership position in the French and US markets, Kyriba is now well positioned to expand globally and we anticipate that further investment in R&D in particular will support its development in providing clients with comprehensive, end-to-end liquidity management solutions.”

With the new capital, Kyriba will enhance product development, customer support and expand its ecosystem. It will specifically invest $60M into product innovation over the next two years.

Bridgepoint is an international private equity firm, with 12 offices across the US, Europe and Asia, and more than $20 billion of assets under management. Bridgepoint has extensive experience of partnering with management to support the growth of similar software businesses, including Efront (the leading alternative investment management software) and Calypso (a leading provider of capital markets software for financial institutions).

“I would like to thank the investors who have supported Kyriba throughout its growth and enabled us to get to this important milestone, including Upfront Ventures, Bpifrance, SumeruEquity Partners and HSBC,” Robert said.  “This transaction has provided a strong exit for them while establishing a strong future for Kyriba.”

Kyriba will continue to be led by Jean-Luc Robert and will operate with its current management structure and strategy.

 

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artners Group leads Ascent Real Estate Investors and Sigma Delta Partners Investment-fronted consortium to acquire Beijing’s Dinghao Plaza

Partners Group

Partners Group, the global private markets investment manager, has acquired a majority equity stake in Dinghao Plaza, a large mixed-use office and retail complex in Beijing, on behalf of its clients. The firm has partnered with a consortium including Ascent Real Estate Investors, Sigma Delta Partners Investment and the Family Office Company in the off-market acquisition, which had a total transaction value of USD 1.34 billion.

Dinghao Plaza is a 176,976 square meter mixed-use building complex situated in the heart of Beijing’s ZGC area, known as the ‘Silicon Valley of China’, with direct underground access to the ZGC metro station. Constructed in 2003, the property currently contains a large retail podium and two office towers. It offers a value creation proposition that is focused on repositioning under-used retail space for office use and undertaking a large-scale refurbishment of the existing office towers to bring them to Grade A standard.

Rahul Ghai, Managing Director, Private Real Estate Asia, Partners Group, states: “Dinghao Plaza is ideally located in ZGC, Beijing’s vibrant tech and media area, where demand for large, contiguous, and premium office space is high and supported by the strong growth of China’s technological sector. The acquisition of Dinghao Plaza is a great fit with our longstanding ‘buy, fix and sell’ strategy, whereby we seek out properties in prime locations that can benefit from repositioning with sufficient time and capital. Together with our consortium partners, we plan to undertake a multi-year value creation program which will transform Dinghao Plaza into a core real estate asset.”

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ARDIAN in exclusive negotiation with a view to sell its state in world-leading car parking & mobility operator INDIGO to MIROVA and MEAG

Ardian

Paris, 27 March 2019 –  Ardian, a world-leading private investment house, today announces it has entered into exclusive negotiation with a view to sell its c.50% stake in Indigo Group, the world-leading car parking & individual mobility group, to Core Infrastructure Fund II (and its co-investment vehicle) managed by Mirova, an affiliate of Natixis Investment Managers dedicated to sustainability investing, which would acquire a c.35% share, alongside MEAG (c.15%) the asset manager of Munich Re and ERGO, after concluding a proprietary sale process. Crédit Agricole Assurances will retain its stake, with the remaining shares being held by the Group’s management and employees.

Indigo is the world leader in parking and individual mobility, operating and driving development in both on- and off-street parking across continents, as well as providing individual mobility services. The company operates in over 750 cities around the world with more than 20,000 staff across 10 countries. It has over 5,050 car parks, more than 2.3 million managed parking spaces and 3,000km of managed on-street parking.

Since Ardian became a shareholder in 2014, Indigo has experienced significant growth, particularly through its international strategy which focused on building strength in markets in which Indigo can take a leadership position, across Europe and North and South America. Indigo also launched its new Mobility and Digital Solutions business with support from Ardian and Crédit Agricole Assurances. This business comprises OPnGO, a digital parking platform with more than 180,000 active users, and Indigo Weel, a mobility-sharing platform, offering vehicles including bicycles, scooters and cars, with a growing presence across France.

Serge Clemente, CEO of Indigo Group, said: “Ardian’s investment in Indigo has enabled the business to accelerate Indigo’s growth, most notably in Europe and the Americas. Indigo is now a leading player in individual mobility globally, and this is a position which has been both established and expanded with Ardian’s support. Indigo is at the heart of how individual mobility is evolving, both through our constantly developing parking networks and our digital mobility services. I am glad to have the opportunity to welcome Mirova and MEAG, who would, alongside Crédit Agricole Assurances, help us work towards the various pillars of our ambitious Goal 2025 plan, including the development in China with our partner Sunsea.”

Laurent Fayollas, Senior Managing Director at Ardian Infrastructure, added: “We are proud to have supported Indigo’s management team, who have created an innovative company which has become a leading player in Europe and the Americas. Their entrepreneurial talent has significantly contributed to the group’s growth as well as its positioning as an individual mobility leader through digital innovation.”

Gwenola Chambon & Mounir Corm, Mirova’s Heads of Infrastructure Funds, added: “We are delighted to have the opportunity to potentially become a central shareholder of Indigo alongside like-minded investors Crédit Agricole Assurances and MEAG. We are committed to supporting Indigo and its management team in offering digital innovation to their clients as well as high quality and sustainable mobility infrastructure and services to local communities in France and worldwide.”

Holger Kerzel, MEAG Managing Director, added: “With this potential investment in Indigo and its parking and mobility operations, MEAG provides Munich Re access to sustainable earnings to cover payment obligations in its core business. As a division of Munich Re, we access the extensive know-how of a global investment enterprise, which we use to generate value at multiple levels of our investment process.”

The transaction will be finalised after consultation with employee representative bodies and will be subject to approval by the relevant competition authorities.

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$90bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.
Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.
Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 585 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of around 800 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.
www.ardian.com

ABOUT MIROVA

Mirova is the affiliate of Natixis Investment Managers dedicated to responsible investment. Through a conviction-driven investment approach, Mirova’s goal is to combine value creation over the long term with sustainable development. Mirova’s talents have been pioneers in many areas of sustainable finance. Their ambition is to keep innovating to propose the best tailored and most impactful solutions to their clients. As of December 2018, Mirova has EUR 10.1 billion of assets under management.With over 15 years’ experience in the structuring and management managing of infrastructure assets, Mirova’s Infrastructure Teams provide institutional clients with investment opportunities both in greenfield and brownfield assets while supporting the sustainable development of local economies.

www.mirova.com

ABOUT MEAG

MEAG is the proprietary asset manager of Munich Re and ERGO and also offers its vast expertise to third-party institutional and private clients. Across its locations in Europe, North America and Asia, MEAG manages total investments valued at €252bn. Since 2009, MEAG has been building a strong diversified infrastructure equity and credit portfolio, with teams based in Munich and New York City. Recently MEAG has reached a first closing of €200 million for its new MEAG Infrastructure Debt Fund targeting €500 million.

ABOUT INDIGO

Indigo Group, holding about 100% of Indigo Infra, OPnGO and INDIGO® weel, is a key global player in car parking and urban mobility, that manages more than 5 050 car parks, 3 000 km of on-street parking, 2.3 million parking spaces and related services in 10 different countries.
www.group-indigo.com

LIST OF PARTICIPANTS

Ardian was advised by Nomura (financial advisor), Weil, Gotshal & Manges (Paris) LLP (legal and tax advisor), PwC (financial, tax and legal due diligence), BCG (strategic and market advisor) Bureau Veritas (technical due diligence) and SIACI SAINT HONORÉ (insurance due diligence).
Mirova was advised by Natixis (financial advisor), Linklaters LLP (legal advisor), Allen & Overy (legal advisor), KPMG (financial due diligence), FIDAL (tax due diligence), ATKearney (commercial due diligence), Arcadis (technical) and MARSH (insurance).
MEAG was advised by LEK (Commercial), Clifford Chance (Legal), MunichRe/Arcadis (Technical &Insurance), EY (Financial & Tax & Financial Model), Operis (Financial Model).
Management of Indigo was advised by Scotto Partners (Legal advisor).

PRESS CONTACTS

ARDIAN
Headland
Carl Leijonhufvud
Tel: +44 (0)20 3805 4827
cleijonhufvud@headlandconsultancy.com
MIROVA
Shan
Margaux Béal
Tel: +33 (0)1 44 50 58 80
margaux.beal@shan.fr

Categories: News

ARDIAN arranges a senior financing for IK INVESTMENT PARTNERS as it buys into NETCO

Ardian

Paris, 27 March 2019 – Ardian, a world leading private investment house, announces that it has arranged a senior financing for IK Investment Partners’ acquisition of a stake in NetCo Group putting the latter alongside the founding family, Perriez, and Andera Partners. The financing will also help the planned expansion of the Group through future acquisitions in France and abroad.
Founded in France in 1902, NetCo is the European specialist in the general maintenance and servicing of conveyor systems across a range of production sectors – particularly minerals, agro-food and environmental.
Thanks to a robust full maintenance model, the Company has become a strategic partner for its clients when it comes to conveyor system maintenance. Based in Bordeaux, NetCo has a network of 55 branches and over 500 employees, mainly in France, Belgium and Luxembourg.
The Group is headed up by Samuel and James Perriez, and has been supported by Andera Partners (via WINCH Capital 3) since 2016. NetCo has increasingly outsourced its European maintenance business and has begun to expand internationally. Since 2000, the Company has made over thirty acquisitions – half of these in the last three years – which has doubled the size of NetCo in just two years.

Guillaume Chinardet, Head of Ardian Private Debt France, said: “We were impressed by the expansion of NetCo Group, which significantly increased its share of the market by opening and acquiring branches while simultaneously offering standardized, highly technical services. We are delighted to be part of the next stage in the company’s development through this senior financing.”
Jean-David Ponsin, Director at Ardian Private Debt, added: ”We are happy to be able to support NetCo’s growth in a consolidating market and we are convinced that our financing solution will give the Company the capacity and flexibility it needs for its future development.”
Pierre Gallix and Arnaud Bosc, partners at IK, added: “Ardian’s ability to offer a solution to the Group’s requirements was key to this partnership. Ardian has been extremely responsive and creative and has set up financing that is perfectly suited to the way NetCo intends to move forward.”
Samuel Perriez and James Perriez, as NetCo’s President and CEO commented: ”NetCo has an ambitious development strategy that demands a solid yet flexible financing solution. We are certain that Ardian will prove to be a valuable long-term partner, with the ability to support the Group as it expands.”
François-Xavier Mauron and Antoine Le Bourgeois, partners at Andera Partners, concluded: ”We are delighted to be able to continue to support NetCo’s growth alongside IK Investment Partners, Samuel and James Perriez and Ardian, paving the way for new international ambitions.”

ABOUT NETCO GROUP

Founded in 1902, NetCo is the European specialist in the global maintenance and servicing of conveyor systems in all production sectors. With a network of 55 locations, NetCo is known for its reactivity, efficiency and tailor-made, high-tech services. The company employs a total of 500 employees in France, Belgium and Luxembourg.
www.groupe-netco.com

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$90bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.
Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.
Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 585 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of around 800 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.
www.ardian.com

ABOUT IK INVESTMENT PARTNERS

IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised close to €9.5 billion of capital and invested in over 125 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
www.ikinvest.com

ABOUT ANDERA PARTNERS

Founded in 2001 within the Edmond de Rothschild Group, and wholly owned by its teams since March 2018, Andera Partners is a reference in unlisted investment in France and abroad. It manages €2.3 billion in life sciences (BioDiscovery), development and capital transmission (WINCH Capital in Mid-Cap and Cabestan Capital in Small-Cap), and mezzanine sponsorless debt (ActoMezz).
www.anderapartners.com

LIST OF PARTICIPANTS

Ardian Private Debt: Guillaume Chinardet, Jean-David Ponsin, Gabrielle Philip
IK Investment Partners: Pierre Gallix, Arnaud Bosc, Morgane Bouhenic, Caroline Le Hen, Adrien Normand
Andera Partners: Francois-Xavier Mauron, Antoine Le Bourgeois, Arthur Milliard
Legal and financial advisors (Ardian): Willkie Farr & Gallagher – Paul Lombard, Ralph Unger, Louis Renucci
Legal and financial advisors (IK Investment Partners): Volt Associés – Alexandre Tron, François Jubin, Morgane Le Gallic

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The Carlyle Group and TA Associates Buy Weiman Products

Carlyle

Specialty Cleaning Products Company to Continue Organic and M&A Growth

New York, NY – Global investment firm The Carlyle Group (NASDAQ: CG) and global growth private equity firm TA Associates today announced that they completed an acquisition of WU Holdco, Inc. (“Weiman Products”, “Weiman”, or the “Company”), a Gurnee, IL-based manufacturer and distributor of specialty cleaning products for multi-billion dollar consumer and commercial end markets, from Cortec Group, a New York-based private equity firm. Terms of the transaction were not released.

Weiman’s consumer division includes products sold under several brand names, including Weiman, Goo Gone, Magic, Stone Care International, Wright’s and Gonzo Natural Magic. Weiman’s commercial division includes leading brands serving select specialty end markets, including Urnex, Five Star and Micro-Scientific.

Weiman CEO Chris Bauder said, “We are pleased to partner with Carlyle and TA Associates in this next phase of growth for the Weiman family of cleaning and care products. Their experience helping brands grow globally complements our commitment to quality, innovation and customer service. We are grateful to Cortec for their support and wish them continued success.”

Carlyle Managing Director David Basto said, “Weiman is well positioned for continued growth both organically and through M&A. We will harness Carlyle’s deep industry expertise and global network to support the Company in this next phase of innovation and strategic acquisition.”

TA Associates Managing Director William Christ said, “Weiman’s array of cleaning and care products are well known throughout the U.S. and globally. We look forward to working with Chris Bauder and his management team in the years to come to create value for the Company’s current and future customers.”

Cortec Managing Partner David Schnadig said, “We are deeply appreciative of the hard work Chris and his team have devoted to building Weiman’s consumer and commercial divisions so significantly over the past five plus years and know the Company will continue to thrive under Carlyle and TA Associates’ ownership.”

Equity for the investment will come from Carlyle Equity Opportunity Fund II, TA Associates funds and company management.

Robert W. Baird & Co. and Duff & Phelps Securities, LLC served as financial advisors to Weiman Products. Sawaya Partners, LLC acted as financial advisor to The Carlyle Group and TA Associates on this transaction.

Jones Day served as legal advisor to Weiman Products. Kirkland & Ellis LLP served as legal advisor to The Carlyle Group. Goodwin Procter LLP served as legal advisor to TA Associates.

* * * * *

About Weiman Products

Weiman Products is a specialty cleaning products company offering high-quality and innovative products which are specially formulated to care for specialty surfaces and clean-up life’s toughest messes. Weiman’s consumer division includes products (together, the “Weiman Products”) under seven well recognized brands – Weiman, Goo Gone, Magic, Stone Care International, Wright’s, Gonzo Natural Magic, and Urnex.

Weiman’s commercial division includes leading specialty cleaning brands for coffee makers, brewing equipment and healthcare markets under the Urnex, Five Star and Micro-scientific brands.

About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $216 billion of assets under management, Carlyle’s purpose is to invest wisely and create value on behalf of our investors, portfolio companies and the communities in which we live and invest. Carlyle employs 1,650 people in 31 offices across six continents. www.carlyle.com.

About TA Associates

TA Associates is one of the largest and most experienced global growth private equity firms. Focused on five target industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in growth companies. TA has raised $24 billion in capital since its founding in 1968 and is committing to new investments at the pace of $2 billion per year. The firm’s more than 85 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA Associates can be found at www.ta.com.

Contacts:

Weiman Products
+1-847-263-3500
questions@weiman.com

The Carlyle Group

Elizabeth Gill
+1-202-729-5385
elizabeth.gill@carlyle.com

TA Associates

Marcia O’Carroll
+1-617-574-6796
mocarroll@ta.com

Zachary Tramonti
+1-617-391-0707
zachary.tramonti@backbaycommunications.com

Categories: News

Klingel acquires MedTech companies Bächler Feintech and Gehring Cut with the support of IK Investment Partners

ik-investment-partners

Klingel medical metal group (“Klingel”), owned by the IK VIII Fund, announce that it has completed the acquisitions of Bächler Feintech AG (“Bächler”) and Gehring Cut AG (“Gehring”). Both companies are leading manufacturers of high-precision surgical instruments for the global MedTech market.

Bächler was founded in 1964 and employs 140 people at the production site in Hölstein, Switzerland, where state-of-the-art machinery and industry-leading quality management are established.

Gehring was founded in 1948 and employs 75 people at the production site in Matzingen, Switzerland, where similar to Bächler, a state-of-the-art machine park and industry-leading quality management are established.

Through these acquisitions, Klingel strengthens its position as the leading pan-European MedTech CMO for complex components and instruments. The extended platform enables the combined group to provide its broad global customer base with a more flexible service to meet their customers’ high quality requirements and to serve their ever-increasing demands.

“With Bächler and Gehring we have found the perfect complements to our MedTech platform. Through the acquisitions, we are gaining additional blue-chip customers, manufacturing capabilities and valuable expertise for our group, enabling us to create real value-add for our customers. In addition, we have found strong partners in the management teams of Bächler and Gehring and look forward to our next phase of growth as a larger pan-European group”, said Ralf Petrawitz, CEO of Klingel.

For further questions, please contact:

KLINGEL medical metal
Ralf Petrawitz, CEO
Phone: +49 7231 6519 0

IK Investment Partners
Anders Petersson, Partner
Phone: +49 40 369 8850

Mikaela Murekian, Director Communications & ESG
Phone: +44 77 87 573 566
mikaela.murekian@ikinvest.com

About KLINGEL medical metal
For more than 30 years, KLINGEL medical metal GmbH has been one of the leading European precision technology companies with a strategic focus on medical technology industries. Employing over 300 people, KLINGEL medical metal GmbH specialises in the precision processing of materials with low machinability, such as titanium and high-grade stainless steel. KLINGEL offers unrivalled technical quality and aesthetic perfection. For more information, visit www.klingel-med.de

About IK Investment Partners
IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised more than €10 billion of capital and invested in over 125 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit www.ikinvest.com

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HQ Equita Acquires Leading Value-Added Software Distributor EBERTLANG

HQ Capital

Bad Homburg, March 25, 2019 – HQ Equita, the direct investment company of HQ Capital, is acquiring a majority interest in the leading value-added software distributor EBERTLANG from Beyond Capital Partners and the company’s founders. Based in Wetzlar, Germany, EBERTLANG is one of the leading value-added distributor of infrastructure software for small and mid-sized companies in German-speaking Europe. The company provides software solutions for email archiving, back-up, IT-security, automation and continuity, and offers comprehensive training, consulting and service support for partners and software vendors.

 

 

“EBERTLANG is the ideal partner for small and mid-sized companies to maintain their IT-infrastructure for the future and fulfilling ever-increasing regulatory requirements, such as legally compliant archiving of emails. EBERTLANG is optimally positioned and set up for megatrends including digitization, IT-security, cloud services and regulatory compliance. We are delighted to enter the next phase of EBERTLANG’s development, working together with the strong team that founders Steffen Ebert and Volker Lang have built,” explained Florian Wiemken, partner with HQ Equita.

 

“EBERTLANG is a success story and has enormous potential. We are pleased to have actively guided the company and its management in an important phase of growth. With HQ Equita the company will have a financially strong, stable and reliable partner for future growth,” says Christoph D. Kauter, Managing Partner of Beyond Capital Partners.

 

EBERTLANG is the central interface between small- and medium-size companies and leading software vendors. The company offers these vendors access to the highly fragmented German-speaking market, with more than 17,000 IT-system houses, and provides both software distribution as well as product and channel management, marketing, training and technical support. EBERTLANG guides system houses in executing managed services and SaaS concepts for their end customers. EBERTLANG uses its industry-leading business intelligence database and personalized customer care throughout the process.

 

“With the support of HQ Equita, we plan to drive our already-strong growth even higher. In addition to expanding our solutions portfolio in the software area, we plan to significantly strengthen our service offerings – which IT professionals in the German-speaking countries already value – in order to offer even better support to system houses in all matters relating to sophisticated infrastructure,” explained Steffen Ebert, founder and Co-CEO of EBERTLANG. “Besides expanding our offerings, with help from HQ Equita we will also advance our upcoming national and international expansion – also through acquisitions,” added Volker Lang, second founder and Co-CEO. Discussions with potential acquisition targets have already been started.

 

HQ Equita will hold the majority interest in EBERTLANG through a newly established holding company, in which the management will also hold an interest. The purchase price was not disclosed.

 

HQ Equita was supported in the transaction by goetzpartners (M&A, commercial due diligence, debt advisory), Alvarez & Marsal (financial due diligence) and Watson Farley & Williams (law and taxes). Beyond Capital Partners was supported in the transaction by Lincoln International (M&A), Latham & Watkins (law) and EY (financials). The management of EBERTLANG was advised by CMS (law).

 

About EBERTLANG
EBERTLANG is the leading value-added distributor of infrastructure software for small and mid-sized companies in German-speaking Europe. Founded in 1995 and based in Wetzlar, Germany, the company’s approximately 60 employees provide leading software solutions and services in the areas of email archiving, back-up, IT-security, automation and IT-failover to a network of around 17,000 partners.

 

About Beyond Capital Partners
Beyond Capital Partners is a holding company focused on acquiring majority interests in profitable mid-sized enterprises in German-speaking Europe (Germany, Austria, Switzerland). With its portfolio companies LDBS Lichtdienst, Larsen Indoor Light Concept, Heitronic, sysob IT and BigCityBeats, Beyond Capital Partners currently holds interests in five businesses in the areas of lighting services, IT security and lifestyle & entertainment.

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EURAZEO partners with CIC and BNP PARIBAS to create a fund dedicated to accelerating the China growth of French and European Companies

Eurazeo

Paris, March 25, 2019 – Eurazeo has announced that it has been selected by CIC (China Investment
Corporation) and BNP Paribas to manage a €1 billion to €1.5 billion fund dedicated to French and
European companies seeking to expand rapidly in China.
The three partners – CIC, BNP Paribas and Eurazeo – will invest significantly in the fund alongside
investment partners.

Eurazeo will be responsible for managing the fund, as well as choosing and managing the investments.
Eurazeo’s selection recognizes the high quality of its investment teams and its strong presence in China,
where it has been located since 2013 and currently has a team of eight professionals.
Virginie Morgon, CEO of Eurazeo, said: “I’m extremely proud that Eurazeo has been selected for this
strategic partnership. Eurazeo’s investment teams are looking forward to contributing their expertise
together with CIC and BNP to help French and European companies to capitalize on opportunities in the
Chinese market.”
***
About Eurazeo
o Eurazeo is a leading global investment company, with a diversified portfolio of €17 billion in assets under management, including
nearly €11 billion from third parties, invested in over 300 companies. With its considerable private equity, venture capital, real estate, private debt and fund of funds expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its 235 professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term.
Eurazeo has offices in Paris, New York, Sao Paulo, Buenos Aires, Shanghai, London, Luxembourg, Frankfurt and Madrid.

o Eurazeo is listed on Euronext Paris.
o ISIN: FR0000121121 – Bloomberg: RF FP – Reuters: EURA.PA

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The Carlyle Group Completes Tender Offer for Orion Breweries Shares

Carlyle

Acquisition expected to close on March 29, 2019

Tokyo, Japan – Global investment firm The Carlyle Group (NASDAQ: CG) today announced that it completed its tender offer[1] to acquire shares in Orion Breweries Ltd., Japan’s fifth largest beer brewery, on March 22, 2019. This is a joint acquisition with Nomura Capital Partners Co., Ltd., and is expected to close on March 29, 2019. Carlyle’s equity for this investment will come from Carlyle Japan Partners III, L.P., an investment fund advised by Carlyle Japan L.L.C.

Following the transaction, Carlyle will own a 49% stake in Orion Breweries while Nomura will own a 51% stake in the company.

Headquartered in Urasoe, Okinawa Prefecture, Orion Breweries has produced and distributed alcoholic beverages and soft drinks since 1957. Its main products are “Orion” branded beer and beer taste products produced in its own factory in Nago, Okinawa. It has long been the largest beer brand in Okinawa. In 1975, the firm entered into the Okinawa hotel market with the opening of the Hotel Royal Orion in Naha, and later, Hotel Orion Motobu Resort and Spa in 2014.

Takaomi Tomioka, Managing Director of the Carlyle Japan buyout advisory team, said, “Orion Breweries has expanded its business over the past 60 years on the back of high brand value and support from the Okinawa community, making it Okinawa’s top beer brand. Carlyle will support the firm’s management teams and employees to realize further growth and entrench the pride that the people of Okinawa have in Orion Breweries. Carlyle is fully committed to sharing its knowledge and experience to strengthen Orion’s management capabilities, drawing upon our global network for support while collaborating with Nomura, a prominent Japanese financial company, to fully leverage our combined strengths.”

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About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $216 billion of assets under management as of December 31, 2018, Carlyle’s purpose is to invest wisely and create value on behalf of our investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,650 people in 31 offices across six continents.

The Carlyle Group is the only global investment firm that has dedicated Japan buyout funds denominated in Japanese yen. Carlyle’s Japan buyout funds, which have made 24 investments in Japan, have a track record of supporting Japanese companies’ business expansion overseas, enhancing their operational efficiency and strengthening their management infrastructure. In September 2015, Carlyle announced that it raised ¥119.5 billion (approximately $1.0 billion) for its third Japanese buyout fund, Carlyle Japan Partners III.

 

About Orion Breweries

Company name: Orion Breweries, Ltd.

Established: 1957

Representative Director: Kiyoshi Yonamine (CEO)

Headquarters: 1985-1 Gusukuma, Urasoe, Okinawa, Japan

Main Businesses: Manufacturing and sales of beer and beer taste products. Sales of soft drinks, Operations of hotels

 

Media Contact:

The Carlyle Group

Tammy Li

Phone: +852 2878 5236

Email: tammy.li@carlyle.com

 

Public relations agency: Ogilvy Public Relations Worldwide (Japan) K.K.

Contact persons: Yusuke Yamanaka, Abi Sekimitsu

Tel：03-5791-8725/5793-2388

E-mail：CarlylePress.Tokyo@ogilvy.com

 

[1] For details of the tender offer, please refer to the attached [“Notice of Results of Tender Offer for Shares in Orion Breweries, Ltd. (Unlisted)”] issued by Ocean Holdings Co., Ltd. Ocean Holdings Co. Ltd., which is jointly managed and operated by The Carlyle Group and Nomura Capital Partners Co., Ltd., has been established solely to acquire shares of common stock in Orion Breweries.

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