Summer Recap in M&A and Private Equity
.The Carlyle Group acquires a majority stake in SEIDOR, Founded in 1982, SEIDOR provides IT solutions and a variety of services including consulting, implementation, and maintenance across Artificial Intelligence, Microsoft Edge, Customer & Employee Experience, Data & Cloud, Cybersecurity, and ERP software.
• Accenture has acquired BOSLAN INGENIERIA Y CONSULTORIABOSLAN helps its clients engineer and oversee the construction of infrastructure, such as on and offshore wind farms, solar power plants, smart grids, electric vehicle charging infrastructure and hydrogen plants.
• CTAIMA announced that it has joined forces with e-coordina. Both are providers of contractor management and compliance software in Spain. As a result of this transaction Hg, an investor in software and services businesses, will become a strategic investor in the combined business.
• Beijer Ref has become the majority shareholder in GIA GROUP, a leading HVAC company in Spain. GIA Group closed 2023 with a revenue exceeding 100 million euros.
• Three Hills Capital Partners has completed a new investment in Iberian production services company Twentyfour-Seven. The transaction facilitates a management buyout and bolsters 24.7’s ability to pursue further international expansion via M&A. It sees the founders and senior management team regain control of the company following a five-year investment from Spanish PE Nexxus Iberia.
.VivaGym Group made two significant acquisitions to strengthen its presence in Iberia, acquiring clubs from Smartfit and Macro Fit, reaching 122 centers. This move aligns with VivaGym’s growth strategy after being acquired by Providence Equity Partners.
• Making Science,has signed an agreement with the SOPEF fund, managed by MCH Private Equity, to finance up to 40 million euros for the growth of its subsidiary, Making Science Digital Marketing and AdTech.
• Miura Partners portfolio company Serpis (Cándido Miró) acquires brands Ibérica and Maestro de Oliva. Following these acquisitions, Miura Partners creates the Olive&Co to consolidate the olives and healthy snacks space.
• Fluidra made two acquisitions, acquiring the NCWG Group in Portugal and strengthening its position in the commercial pool sector, and acquiring Chadson Engineering in Australia, a company specializing in water filtration systems, bolstering its footprint in the Asia-Pacific region.
• Alsea, has agreed to sell its 54 Burger King restaurants in Spain to Restaurant Brands Iberia (Cinven). RBI, already managing the Burger King brand in Spain, will now take direct control of these restaurants, expanding its footprint in the region.
