M&A Index Poland Q3 2019

by Navigator Capital & FORDATA | October 2019


33

Q3 2019 – Total number of transactions (based on public data)


EUR 90 m

The largest transaction among transactions with disclosed prices (Acquisition of 31,65% shares in Bioton by Yifan Pharmaceuticals)


About the report:

The M&A Index Poland report is a position that has become a permanent fixture in the calendar of the industry summaries in Poland. The reports are prepared quarterly by a consulting firm Navigator Capital and FORDATA, a leader in the field of IT solutions which support M&A transactions. These reports are created to monitor the dynamics of Polish M&A market and to demonstrate the most interesting transactions. We also monitor the frequency of use of the Virtual Data Room during M&A processes in Poland.

Read the whole report >




Experts' comments

»Invariably this year, the TMT sector was the most active in the last quarter - 21% of the acquired entities and 27% of buyers.

Poland is still attractive

Nearly 40% of buyers in Q3 2019 were foreign investors. Interest in Polish companies still remains at a high level - last quarter recorded their largest share this year. Entities from the European Union dominate - as much as 76% of foreign investors. Spanish investors bought from us three times, the French - twice. On the other hand, only one takeover was recorded by entrepreneurs from the United States (purchase of a database supplier WiseBase by Syndigo) and China (partial purchase of Bioton by Yifan Pharmaceutical - the largest transaction of this quarter in value - EUR 90 million). Among foreign investors, there is a noticeable advantage of investments in traditional areas: industrial production, construction and energy - as much as 70% of the acquired companies operate in this sector.«

Alicja Kukla-Kowalska
Key Account Manager
FORDATA



Awfis on an Expansion Spree, secures $30 Million Funding Led by ChrysCapital


  • Awfis will utilize the funds towards expansion by adding 200000 seats over the next 36 months

  • Awfis will also deploy the funds towards capturing larger share of CRE market through its B2B offerings under Awfis Enterprise Solutions

  • The company plans to further mobilize technology to create the largest network of smart workspaces across India

 
Awfis-logo-400px
 

Mumbai, August 6, 2019 – Awfis, India’s largest shared workspace provider, has raised an additional $30 million in its fourth round of funding from marquee investor ChrysCapital. Existing investors, Sequoia India & The Three Sisters Institutional Office also participated in the current round. The fresh capital infusion will be used to further its commitment towards building the largest network of futuristic workspaces to service the needs of growing India. The funds will also be used to introduce new and innovative products/services and further establish new micro markets in India while enriching the experience for its community members.





Awfis was founded by Amit Ramani in 2015 with initial funding from The Three Sisters: Institutional Office (TTS:IO) & himself. In 2017, Sequoia India partnered with Awfis to back the firm’s aggressive expansion plans. They received further backing from Innoven Capital, Sequoia India & TTSIO in 2018.

Awfis currently has 30,000 seats across 63 centres in 9 cities with a member base of 25,000+ customers as compared to 5,800 seats in 20 centres with a member base of 4000+ in July 2017. Awfis services over 1500+ companies with a varied clientele portfolio across Corporates, Startups, SMEs /

MSMEs to large enterprises, forming the largest coworking community in India with companies like Syngenta, Dun & Bradstreet, Duff & Phelps, Hinduja Global Services, Vodafone, Reliance, Hitachi, Blazeclan, Syngenta, Zomato, Practo etc. operating from various Awfis centres. The company currently has a total Real Estate portfolio of ~2 million sq. ft. across India.



Amit Ramani, Founder & CEO of Awfis said, “The Awfis exponential growth has been supported by marquee investors including Sequoia India, TTSIO & Innoven. We are delighted to have ChrysCapital as a partner as we continue to focus our efforts to deliver stellar & affordable workspaces for growing India. The coworking segment has witnessed phenomenal growth over the last 3 years and Awfis with its largest network has played its role in contributing towards the building of ‘New India’. We have embarked on our mission to develop a cohesive community of entrepreneurs, SMEs, corporates that coexists in its centres to engage for professional and personal enrichment. The additional capital raised will support us in expanding our footprint in India with 400+ centres & 200,000 seats over the next 36 months. Our focus is to fortify our base in Tier 1 cities and further enter newer market with expansion into Tier 2 cities.”


Sharing his views on the funding, Kshitij Sheth, Vice President - ChrysCapital said, “ChrysCapital is thrilled to partner with Amit and his team and invest in Awfis. Coworking has changed the way commercial real estate business is conducted globally and has picked up a lot of steam in India, with Awfis leading the disruption. Awfis’ sustainable approach to business, superior performance and strong customer focus has encouraged ChrysCapital to associate with them. The Company is successfully spearheading the coworking industry. ChrysCapital is extremely optimistic about Awfis’ growth and strongly believes in Amit and his team and their commitment to create a modern, economical, hassle-free, conducive ecosystem for India’s growing work-force.”

Maple Capital Advisors, a New Delhi based investment banking firm, acted as the sole financial advisors for this round of funding.


Pankaj Karna, Founder and MD of Maple Capital Advisors, said, “We are delighted to be associated with the largest growth capital raise in the coworking space in India and doing it again after inducting Sequoi in 2017. Awfis under Amit and the current team has built a profitable market leading business that has extremely bright future with best in class investors backing ”.



Ishaan Mittal, Principal, Sequoia Capital India Advisors said, “Sequoia has invested in companies capturing the shared economy market across the world - Airbnb, Uber and Ola are just some examples. Commercial real estate is as large a market, if not larger, than any other shared economy. Awfis found their product-market-fit very early and since then Amit and his team have focused on delivering a frictionless experience to all their clients. We have always been impressed with their consistently high NPS. Sequoia India is happy to continue partnering with them as they outperform competitors to create the largest network of coworking spaces across India.”

Speaking on the association Radha Kapoor Khanna - Sponsor, TTS:IO said, “Awfis has received unprecedented success in the coworking segment and has emerged as the largest player in this segment owing to the profound understanding of the customer demands along with the introduction of innovative offerings. With a strong focus on customer experience at affordable price-points, we believe that Awfis will continue to pioneer the industry. We are looking forward to Awfis’ expansion in the coming years”



Awfis’ focus on core first principles has allowed a rapid expansion while remaining profitable as a business. The accelerated growth is supported by unique and asset light ‘managed aggregation model’ which has established Awfis as a market leader with the largest workspace footprint in India. To add to innovative offerings, Awfis has recently launched Awfis Enterprise Solutions, which focuses on customized offerings and a hassle-free way for an enterprise to outsource the designing, building & managing of their ‘own’ office space thus allowing them to solely focus on running their business.

The company has a successful shared economy business model that not just provides a network of ready to use workspaces across India, but also offers value driven services that can be booked ‘just-in-time’ through its website and mobile app.




more informations:

About Awfis:
Awfis Space Solutions Pvt. Ltd. Or ‘Awfis’ is a new-age coworking company that provides ready to use, plug & play, workspaces, embedded with the latest technology solutions for flexible and ‘Just in Time’ space utilization. Awfis currently has 63 centers and 30,000+ seats across 9 cities. Awfis is focused on redefining the way work gets done in the current business environment, by providing an ecosystem of inspiring workspaces for the innovative freelancers, entrepreneurs and corporates for their changing business needs. Awfis has a total member base of 1500+ companies and 25,000+ professionals ranging from India’s coolest start-ups to Fortune 500 companies.

Awfis curates 1000+ exclusive events, workshops and experiences every year for its community members. Under its Rewards Program, Awfis has curated 100+ strategic partnerships that provide its community members seamless access to leading service providers in the fields of accounting, legal, recruitment, payments, web services, mail management, healthcare and insurance etc. making it a one-stop-shop for all requirements of an emerging corporate’s set up.

About ChrysCapital
Established in 1999, the ChrysCapital group manages around $4 billion across eight funds and is one of the leading investment firms in India. With 85+ investments since 1999, ChrysCapital has valuable experience in investing across a breadth of sectors that leverage growth. The ChrysCapital group has developed a strong track record with several successful realizations, delivering over $5 billion from 60+ exits. The ChrysCapital group’s funds are ranked in the top decile of global private equity funds of similar vintage. ChrysCapital VIII, LLC is the eighth fund of the group, and was closed in late 2018 with a corpus of over $850 million. To know more about the ChrysCapital team in India and the companies they have partnered with, please visit http://www.chryscapital.com

About Maple Capital Advisors Private Limited
Maple Capital Advisors is a boutique investment bank founded by Pankaj Karna(ex Rabobank, Grant Thornton) in 2010. Maple has been instrumental in some significant mid market M&A and Private Equity transactions in new age businesses like Awfis(co-working), Fitness First -Cult Fit(Fitness) merger and M1 exchange (Fintech) recently.Maple has a successful track record of nearing a decade across M&A, Private Equity and Structured Debt. www.maple-advisors.com . Maple Capital Advisors is part of the global M&A network, Pandion Partners www.pandionpartners.com .

About Sequoia India
Sequoia helps founders turn imaginative ideas into enduring companies. As the “Entrepreneurs Behind the Entrepreneurs,” the Sequoia team has worked closely with legendary founders of Airbnb, Whatsapp, Google and LinkedIn. The partner entrepreneurs in India include Amit and Anurag Jain of Cardekho, Girish Mathrubootham of Freshworks, Byju Raveendran of BYJUs, Jaspreet Singh of Druva, William Taniwijaya of Tokpedia, Nadiem Marakim of Go-Jek, Chatri Sityodtong of ONE Championship, Alan Mamedi and Nami Zarringhalam of Truecaller, Deepinder Goyal and Pankaj Chaddah of Zomato among others. Sequoia is now helping the next generation of innovators build the lasting companies of tomorrow. To know more about the Sequoia team in India and the companies they have partnered with, please visit www.sequoiacap.com/india

About TTS:IO
The Three Sisters: Institutional Office (“TTS:IO”) led / sponsored by Radha, Raakhe and Roshini (daughters of Mr. Rana Kapoor), was established in 2012 with the stated objectives of promoting new age entrepreneurship. Managed by a highly professional in-house core team in Mumbai and Delhi, TTS:IO incubates and makes strategic investments in 'new age' creative businesses in India, with long term capital commitment, focusing on high growth sectors like Education, Media & Entertainment, Hospitality Retail, Financial Services, and Creative Urban Ventures. Some of the investments made by TTS:IO include Indian School of Design & Innovation (in collaboration with Parsons New York and WPP UK), Indian School of Management & Entrepreneurship, The A (Private Members’ Club and Workspace), Azure (film studio), Business World (bi-weekly publication), DOIT Sports (owner of Dabang Delhi Kabaddi and Table Tennis teams), DOIT Retail (franchise of Longchamp France and Pressto Spain), AWFIS (India's largest coworking space provider) etc.





For More Information:
Contact: Neha Jain
nj@maple-advisors.com
+919810034213




Download the whole article >









M&A Index Poland Q2 – 2019

by Navigator Capital & FORDATA | July 2019

»In the 2nd quarter of 2019, 63 M&A transactions were carried out on the Polish market, which represents a 31% increase compared to the same period of the previous year.

Among the target companies TMT sector – 21%, biotechnology and health protection – 14% as well as retail trade – 14% enjoyed the greatest interest of investors. The TMT sector – 14% and PE / VC funds – 11% were the most active on the buyers' side. The largest group among the sellers of the company were private investors – 64% and PE / VC funds – 11% of transactions respectively.«

Read the whole report >

More information:

navigatorcapital.pl/en

fordatagroup.com

Pandion Partners expands further in China by adding a presence in Beijing.

The specialist for Cross-Border M&A financial advisory services and asset management company, “CH.EN Capital Management Ltd.” from Beijing, China has joined the International M&A Group Pandion Partners S.L. in May 2019.

BJ4_FORBIDDEN CITY.jpg
 
 
James Chen

James Chen

 

Pandion Partners S.L. accelerates its growth by expanding its international coverage, which is part of the strategy of the group to have a foothold everywhere around the globe.

With CH.EN Capital Ltd. we expands our Asian coverage in China by being present now in Beijing next to Shanghai and Hong Kong. It will significantly increase our capabilities to deal with the increasing demand for Cross-Border transactions between China and Europe / USA. “With over 20 years of investment banking practice and with 10+ years of experiences in cross-border M&A business committed to both the strategic/financial advisory services and the buy-out funds/assets management, Mr. Chen will bring a wealth of experience to the entire Pandion Partners Group and will significantly enhance our position in Asia and particularly in China”, said Michal Tesar, director and responsible for global expansion within Pandion Partners.

“China represents an enormous potential of M&A and Corporate financing opportunities for international deals. Therefore we are delighted to affiliate with the International group of Pandion Partners and to contribute in their cross-border transactions ”, said James Chen, Founder & Managing Partner of CH.EN Capital Ltd. He is member of the AIA, Certified Public Valuer (CPV), specialized in the business valuation and pricing. Mr. Chen conducted, amongst others, the strategic investment in China for the European manufacturing/retail groups, acted as the advisor for the Indian industrial giant’s special projects in China, supported the Chinese energy/heavy machinery/textile companies in their outbound M&A, participated in the private equity business of a large international Investment Bank, etc.


About CH.EN Capital Ltd.

Logo_CH.EN Captial.png
 

CH.EN Capital Management Ltd has been founded in 2013 and provides financial advisory services for overseas investment and cross-border M&A, Buy-Out funds initiation & management and Financial strategy formulation & implementation; platform establishment & administration. They are based in Beijing City, China.


About Pandion Partners

The Pandion Partners Advisory Group, founded in 2000, consists of independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Austria, Belgium, Brazil, Canada, China, Croatia, Czech Republic, France, Germany, Hong Kong, India, Italy, Poland, Spain, The Netherlands and the USA. Due to the group members we are able to cover more than 15 different industry sectors.


For further information, please contact:

Michal Tesar, Director of Pandion Partners S.L. (Global Expansion):
T: +420 602 373 422 – E: m.tesar@pandionpartners.com

Marc Feyen, Director of Pandion Partners S.L. (Global Communication):
T: +32 498 911 777 – E: m.feyen@pandionpartners.com


Pandion Partners extents its coverage on the German M&A market

The M&A advisory firm, Thiele & Associates Beratung und Beteiligungen AG with offices in Munich and Stuttgart, Germany has joined the International M&A Group Pandion Partners S.L. in May 2019.

 
 
LogoThiele-Ag.jpg
 
 
Dr. Michael Thiele

Dr. Michael Thiele

Dr. Nadine Ulrich

Dr. Nadine Ulrich

Pandion Partners S.L. continues its ambitious growth. With Thiele & Associates Beratung und Beteiligungen AG we grow our presence and increase significantly our capabilities in the large German market, the economic engine of the European union.

“A warm welcome back to a longstanding friend and strong competitor. I am very excited that they are joining our team. Michael Thiele and his Partner Nadine Ulrich are known in the Mid Market segment in Germany as a highly effective M&A team. We have been working together in former days and are happy to build on their strong industry experience”, said Sebastian Moss, Managing Director of Pandion Partners S.L. and Eicon Gmbh.

Thiele & Associates Beratung und Beteiligungen AG brings many years of International M&A experience to Pandion Partners in different sectors, like automotive, aerospace, mechanical engineering, healthcare and others.”, said Dr. Michael Thiele and Dr. Nadine Ulrich, both managing partners.”. Following a Dipl.-Ing. degree in aerospace engineering and studies of business administration, Michael Thiele obtained a doctoral degree (Dr. rer. pol.) at Fraunhofer Group and collected his first practical experience at Lufthansa Technik, Dornier (today EADS) and the engine development department of Mercedes.

Nadine Ulrich has a Dipl.-Ing. degree from the Technical University Munich (TUM), has worked in New Zealand and subsequently completed her MBA and a doctor’s degree. She started her M&A career in 2007, since then working for several mid-cap focused M&A advisories on a large number of M&A-buy- and sellside mandates.

About Thiele & Associates Beratung und Beteiligungen AG

www.thiele.ag

Thiele & Associates Beratung und Beteiligungen AG is a M&A advisory firm based in Munich & Stuttgart (Germany) and specialized in mid-cap cross-border transaction in multiple industry sectors like automotive, aerospace, mechanical engineering, healthcare and others. They provide their services to entrepreneurs, corporate clients and financial investors on succession solutions, acquisitions & divestments and on special situations (distressed and insolvency).

About Pandion Partners

The Pandion Partners Advisory Group, founded in 2000, consists of independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Austria, Belgium, Brazil, Canada, China, Croatia, Czech Republic, France, Germany, Hong Kong, India, Italy, Poland, Spain and The Netherlands. Due to the group members we are able to cover more than 15 different industry sectors.

For further information, please contact:

Michal Tesar, Director of Pandion Partners S.L. (Global Expansion):
T: +420 602 373 422 – E: m.tesar@pandionpartners.com

Marc Feyen, Director of Pandion Partners S.L. (Global Communication):
T: +32 498 911 777 – E: m.feyen@pandionpartners.com


With the USA joining the Pandion Partners Group expands its North American coverage.

The mergers and acquisitions advisory firm, Eagle Partners LLC based in the San Francisco Bay Area, California, USA has joined the International M&A Group Pandion Partners S.L. in March 2019.



San Francisco, Bay Area

San Francisco, Bay Area

Mark Dukas, Eagle Partners LLC

Mark Dukas, Eagle Partners LLC

Pandion Partners S.L. continues its growth by expanding its international coverage, which is part of the strategy of the group to have a foothold everywhere around the globe.

With Eagle Partners LLC we add the USA to our group, which provides the group now full coverage of the “Americas”, next to our partners in Canada (Montreal & Vancouver) and South America (São Paulo).

“The addition of the USA to our group confirms the strategy of Pandion Partners to become a real Global Strategic M&A player, which allows us to guide and assist our clients with our famous personalized and strategic advice in their M&A, Strategy and Corporate Finance journey”, said Michal Tesar, director and responsible for global expansion within Pandion Partners.


“The USA represents an enormous potential of M&A and Corporate financing opportunities both domestic as well as international deals. Therefore we are delighted to affiliate with the International group of Pandion Partners and to contribute in their cross-border transactions ”, said Mark Dukas, who founded Eagle Partners LLC in 1995. The firm has a track record of 23 years of success as independent M&A advisors. Prior to forming Eagle Partners, Mr. Dukas was Managing Director in the M&A Group of Bank of America Securities, Inc. Mr. Dukas’ career at BofA spanned 14 years, the entire time as an investment banker in the M&A Department. He was responsible for new business origination and as team leader for deal execution for transactions ranging in value from $10 million to over $100 million. Prior to joining Bank of America Mr. Dukas spent five years with Wm. Sword & Co., Incorporated, as international investment-banking boutique in Princeton, New Jersey.


About Eagle Partners LLC

 

Eagle Partners LLC is a San Francisco Bay Area based mergers, acquisitions and corporate finance advisory firm. Our focus is on providing high quality advisory services to clients seeking to complete middle market transactions. Eagle Partners LLC was formed by experienced investment banking professionals. The mission of our firm is to provide the benefits of professional advice and wide ranging transaction experience to clients and transactions in the middle market. Visit the local website: eaglepartners.com

About Pandion Partners
The Pandion Partners Advisory Group, founded in 2000, consists of independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Austria, Belgium, Brazil, Canada, China, Croatia, Czech Republic, France, Germany, Hong Kong, India, Italy, Poland, Spain, The Netherlands and the USA. Due to the group members we are able to cover more than 15 different industry sectors.

For further information, please contact:
Michal Tesar
, Director of Pandion Partners S.L. (Global Expansion): T: +420 602 373 422 – E: m.tesar@pandionpartners.com

Marc Feyen, Director of Pandion Partners S.L. (Global Communication): T: +32 498 911 777 – E: m.feyen@pandionpartners.com


Brazil is joining the Pandion Partners Group to strengthen our America presence

The company “Quatá Confidence Capital” based in São Paulo, Brazil has joined in January 2019 the International M&A Group Pandion Partners S.L.

PandionPartners-Sao-Paulo.jpg
Logo Quata Conficence Capital 2.jpeg

Pandion Partners continues its growth by expanding international coverage, which is part of the strategy of the group to have a foothold everywhere in Europe as well as in the other regions in the world.

With Quatá Confidence Capital we add Brazil to our group in order to strengthen our position in the Americas and especially in South America. “The addition of Brazil to our group confirms the ambition of Pandion Partners to become a real Global Strategic M&A player, which allows us to guide and assist our clients with our famous personalized and strategic advise in their M&A, Strategy and Corporate Finance journey”, said Michal Tesar, director and responsible for global expansion within Pandion Partners.

“Brazil went through turbulent times, but represents huge opportunities for foreign investors. Therefore we are delighted to join the International group of Pandion Partners and to contribute in their cross-border transactions ”, said Aleixo Vaquero, founding partner of Quatá Confidence Capital. He brings a wealth of experience into our group: Aleixo was M&A consultant for E&Y and financial planning trainee at Merrill Lynch in the USA. He holds an MBA ((FGV-EAESP), postgraduate in Finance (University of California) and a degree in Electrical Engineering (FAAP).

About Quatá Confidence Capital

www.qconfidence.com.br

Quatá Confidence Capital is an independent company based in São Paulo, Brazil and provides integrated solutions in M&A-transactions, Corporate Finance and Financial Advisory. They cover besides Brazil also other countries in South America and have good contacts in the USA as well. Quatá Confidence Capital is part of Quatá Investimentos Group, a brAA Credit Asset manager, with over USD 300MM under management, between FIDC’s (Receivable Funds) and credit operations.

About Pandion Partners

The Pandion Partners Advisory Group, founded in 2000, consists of independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Austria, Belgium, Brazil, Canada, China, Croatia, Czech Republic, France, Germany, Hong Kong, India, Italy, Poland, Spain and The Netherlands. Due to the group members we are able to cover more than 15 different industry sectors.

For further information, please contact:

Michal Tesar, Director of Pandion Partners S.L. (Global Expansion):
T: +420 602 373 422 – E: m.tesar@pandionpartners.com

Marc Feyen, Director of Pandion Partners S.L. (Global Communication):
T: +32 498 911 777 – E: m.feyen@pandionpartners.com


M&A Index Poland 2018

by Navigator Capital & FORDATA | December 2018

About the report:

The M&A Index Poland report is a position that has become a permanent fixture in the calendar of the industry summaries in Poland. The reports are prepared quarterly by a consulting firm Navigator Capital and FORDATA, a leader in the field of IT solutions which support M&A transactions. These reports are created to monitor the dynamics of Polish M&A market and to demonstrate the most interesting transactions. We also monitor the frequency of use of the Virtual Data Room during M&A processes in Poland.

Read the whole report >

Experts' comments

»The largest group of sellers in 2018 were private entrepreneurs, responsible for half of the completed transactions.

This is related to the observed by us since 2015, increasingly common phenomenon of the sale of enterprises by their founders who faced the problem of succession. As the experts point out, last year, the driving force behind the Polish market was the need to ensure the succession of the family business and to transfer responsibility for building an enterprise for years to the next generation. The market of family enterprises in the coming year will be both for large and small and medium-sized enterprises struggling with the problem of succession. By the date of publication of the report, the largest number of transactions took place in the Media/IT/Telecom sector (18%). On the buyer's side (excluding the third quarter when the FMCG sector was the most desirable sector) the dominant companies were Media/IT/Telecom - 14% and PE/VC - 11%.«

Alicja Kukla-Kowalska
Key Account Manager
FORDATA



3W under the wings of Smart Human Capital Group NV

 
 
3 W Logo
 
 
Smart Human Capital Group
 
 

As of 1 December 2018, Smart Human Capital Group NV, the company build up by the entrepreneurial duo Boudewijn Dupont and his wife Kim Ciers, will be taking over business unit 3W Executive Interim Management from the Adecco Group Belgium. Dupont was appointed managing director at 3W by Adecco in April 2016 and is now moving on via a management buy-out. Dupont is also a member of the Board of Directors at Federgon, on the Interim Management committee.

The agreement has been made since the services offered by 3W are more related to the activities Smart Human Capital Group NV is now carrying out. The group offers consulting to SMEs, start-ups and multinationals through their ‘Business Coaches Network’ program.

“When I started working as a managing director at 3W in 2016, my horizon broadened immensely,” Boudewijn Dupont says.” Throughout those 22 years of experience, 3W has built up a gigantic network, which includes more than 7,000 high-level and hands-on profiles, represented in different industries and functions. This enables us to offer fantastic and efficient solutions to companies.”

The management buy-out initiated by Boudewijn Dupont also means that two powerful brands, 3W and Business Coaches Network, are joining Smart Human Capital Group. This helps build the bridge between consultancy and interim management and will stimulate growth within the company.

The Adecco Group Belgium is selling those specific activities in order to focus more on its core business: providing its business clients with temporary and permanent personnel. “The partnership between 3W and the Business Coaches Network already made for a successful collaboration. Talks with the current managers resulted in the decision of giving them the opportunity to grow their activities independently. The agreement is beneficial for both the Adecco Group as the new owners of 3W, since they can focus on and expand their own activities. Both organisations will continue to work closely together. The Adecco Group is introducing a referral program to support the executive interim management activities,” announces Nico Reeskens, Country manager at the Adecco Group Belgium.

The acquisition does not entail any lay-offs. The managers at 3W will stay in their present appointments and the entire 3W team will be transferred. The price of the acquisition has not been disclosed.

3W will still be assisting companies with interim management, executive recruitment, management buy-in & business coaching. Its offices are located in Brussels and Antwerp.

For more information:


www.3w.be
Boudewijn Dupont
M: +32 (0)477/467.459
Boudewijn.dupont@3w.be



InterPro Consulting (Pandion Partner in Belgium) has advised the buyer.



The family fund NGI takes over the activities and management of MACHINES DUBUIT.

Eurallia Finance Paris 

Machines Dubuit is a company founded in 1932, specializing in the manufacture of industrial screen-printing machines, especially on packaging: tubes, flasks, boxes ... It generates around 8 million euros of turnover and employs more than 50 people in the Paris region. Machines Dubuit has recently developed an innovative offering of industrial printing machines on packaging based on inkjet technology. 

Managed by Frédérick Goutard, NGI (Nöel Goutard Investments) is a family-owned investment company that operates an office real estate activity and an industrial investment business. Machines Dubuit fully meets the investment criteria of NGI: a company with a high potential for development, but which needs means to achieve it. 

The transaction closed in September 2018. NGI was accompanied by teams from Eurallia Finance Paris.

Machines-Dubuit.jpg



Eurallia Finance Paris is the Paris office of Eurallia Finance, a leading national player in the sale / acquisition, raising funds for SMEs - PMI in France. Comprised of 18 offices, Eurallia Finance carries out approximately 50 deals a year. 


Buyer’s Advisor:
Nicolas Touchard, Arnaud Forestier Eurallia Finance Paris 
Seller’s Advisor: Michel Royer, Adams Royer. 
Buyer’s Lawyer: Hervé de Kervasdoué, BG2V 
Seller’s Lawyer : Philippe Torre, RMT.  


References: 

> Machines Dubuit
> Eurallia Finance 


Contact: 
Eurallia Finance Paris n.touchard@eurallia.fr +33 1 78 81 10 08 


M&A Index Poland 4

»The third quarter of 2018 turned out to be better than the third quarter of the previous year in terms of M&A activity in Poland with 51 transactions reported in comparison to 42 in the third quarter of 2017. The biggest transaction was the acquisition of Solaris Bus & Coach by Spain-based manufacturer Construcciones y Auxiliar de Ferrocarriles (CAF). Private investors constituted more than half of all sellers. Last quarter, many divestments done by private equity funds could be observed. Media/IT/Telecom industry was a particularly active player, being in both top among targets as well as sellers.«

Read the whole report >

Q 2017
Prepared by Navigator Capital & FORDATA

ACQUISITION PRICES IN BELGIUM REACH ABSOLUTE RECORD HEIGHTS

Mathieu Luypaert, Associate Professor Vlerck Business School on www.vlerick.com:

„The Belgian mergers and acquisitions market gradually seems to be reaching its peak. It is not just the number of transactions but also the selling prices which rose for the fifth year in a row in 2017. The highest valuations are found in the real estate sector followed by pharmaceuticals, technology and healthcare. The demand is greater than the supply and competition is increasing. In addition, more and more foreign players are showing an interest in Belgian companies. In view of the anticipated further growth in 2018, there is a danger of overheating (i.e. the profitability will no longer be in proportion to the risks of the acquisition). Finally, the significant increase in debt financing and drop in the equity stake in a transaction are also striking. …“ read more


The acquisition prices also rose for the fifth year in a row, across all sectors.
— Mathieu Luypaert


Austria is joining the Pandion Partners Group as the 14th country

The company “TWAdvisers e.U.” based in Vienna, Austria has joined in August 2018 as the 14th country the International M&A Group Pandion Partners.

 

Pandion Partners continues its growth by expanding international coverage, which is part of the strategy of the group to have a foothold everywhere in Europe as well as in the other regions in the world.

With TWAdvisers e.U. we add another country in Europe (already the 14th) to our group and will further strengthen our position in the Central and Eastern part of Europe.

In total Pandion Partners consists now of 15 independent companies that are part of the group and we are ambitious to continue our strategic growth further in the near future.

Dr. Thomas Wally CFA, Managing Director of TWAdvisers e.U., brings a wealth of experience to the group.
He has built up to 20 years of experience in strategic- and financial advisory in fields such as M&A, corporate finance, and new business development. Before founding TWAdvisers in 2017, Dr. Wally worked for the international advisory companies Stern Stewart & Co., JP Morgan, Booz Allen Hamilton, and VCP Capital Partners. His comprehensive network covers DACH, CEE and Russia/CIS.


About TWAdvisers e.U.

TWAdvisers e.U. is an independent M&A, Strategy and Corporate Finance Advisory Company based in Vienna, Austria and is specialized in cross-border M&A-transactions internationally and in Central and Eastern Europe. TWAdvisers covers various industries such as TMT, financial services, industrial goods, health care, and consumer goods.


About Pandion Partners

The Pandion Partners Advisory Group, founded in 2000, consists of 15 independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services.
The growing group offers these services globally through its offices in Austria, Belgium, Canada, China, Croatia, Czech Republic, France, Germany, Hong Kong, India, Italy, Poland, Spain and The Netherlands. Due to the group members we are able to cover more than 15 different industry sectors.


For further information, please contact:

Michal Tesar, Director of Pandion Partners S.L. (Global Expansion): T: +420 602 373 422 – E: m.tesar@pandionpartners.com

Marc Feyen, Director of Pandion Partners S.L. (Global Communication): T: +32 498 911 777 – E: m.feyen@pandionpartners.com

CONTROLNET Building Maintenance Services acquires PolyM2

Building Maintenance Services headquartered in Sherbrooke, province of Quebec, Canada. Following the transaction,it is a company of nearly 1000 dedicated and professional employees that is now trained to continue serving its clients well and to offer even more resources and capacity throughout Quebec and in several cities in Canada.

Mergerac Inc., member of Pandion Partners in Montreal, advised the seller.

 

About CONTROLNET

Since its conception in 1967, CONTROLNET has been at the forefront of innovation in janitorial maintenance solutions, building a reputation in the real estate industry as the expert in janitorial services. Its focus on operations, maintaining efficient communication and establishing a foolproof quality control program assures that it is continually meeting and surpassing its clients'™ expectations. The company motto has always been to "win the client's trust and loyalty by providing them with excellent service". In addition to this, it has revolutionized the janitorial industry by introducing a new scientific cleaning management system, which enables it to improve productivity, and thus reduces costs to its clients.


About PolyM2

Since 1985, PolyM2 has offered advanced sanitary maintenance services, specialized in the commercial, institutional, industrial and high technology sectors, throughout Quebec. With a team of competent, motivated and proud employees, PolyM2 has developed over the years a relationship of trust with satisfied customers, while establishing its leadership position in clean room maintenance in Quebec. During all these years, its vision has always been the same: to be recognized as the Quebec leader in sanitary maintenance in the high-tech sector.
 

About Pandion Partners

The Pandion Partners Advisory Group, founded in 2000, consists of 14 different and independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Spain, Germany, Belgium, China, Italy, France, the Netherlands, Czech Republic, Poland, Brazil, Canada, the USA and India. Due to the group members we are able to cover more than 15 different industry sectors.
 

For further information, please contact:

Yves Blais, Mergerac inc. T: +1 (514) 393-4700 – e-mail: y.blais@pandionpartners.com
Marc Feyen, Director of Pandion Partners S.L. (Global Communication): T: +32 498 911 777 – e-mail: m.feyen@pandionpartners.com

Acquisition of language school James Cook Languages.

 
jcl.png
 

NEWTON Business Development, a.s., further continues in helping the Czech language education market consolidation. We have advised our client – Solotron – in acquisition of language school group James Cook Languages active on the Czech, Slovak and Polish markets. It is about two years after the takeover of EDUA Group, a leading educational group on the Czech market, and a year after the takeover of JIPKA language school group. More information

NEWTON Business Development, a.s., is member of Pandion Partners. Read more

For further information, please contact:
Michal Tesar, Partner of NEWTON Business Development, a.s.: E: m.tesar@pandionpartners.com

With Croatia the 13th country is joining the Pandion Partners Group.

Vestibule-Partners.jpg

The company “Vestibule Partners LLC” based in Zagreb, Croatia has joined in May 2018 as the 13th country to the International M&A Group Pandion Partners.

Pandion Partners continues its growth by expanding international coverage, which is part of the strategy of the group to have a foothold everywhere in Europe as well as in the other regions in the world.

With Vestibule Partners LLC we add a 13th country to our group and will strengthen our position in the central-east and south-east part of Europe.

In total Pandion Partners consists now of 14 independent companies that are part of the group and we are confident to grow further in the near future.

Tomislav Kovalisko, Managing Director of Vestibule Partners LLC, brings a wealth of experience to the group. He has built up his M&A experience as head of asset management at Volksbank and Sberbank, after which he founded Vestibule Partners in 2015.

His network covers apart from Croatia also Serbia, Bosnia-Herzegovina, Macedonia and Slovenia which allows Pandion Partners now to cover the whole East-European region together with our offices in the Czech Republic and Poland. 

>> Download our press release

 

About Vestibule Partners LLC
www.vestibulepartners.com

Vestibule Partners is an independent M&A / Corporate Finance Company based in Zagreb, Croatia and is specialized in M&A, Divestitures and Strategic Alliances in Central-East and South-East Europe. It operates based on a network of High-Profile Executives in a wide range of industry sectors.

About Pandion Partners
www.pandionpartners.com

The Pandion Partners Advisory Group, founded in 2000, consists of 15 independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Spain, Germany, Belgium, China, Hong Kong, Italy, France, The Netherlands, Czech Republic, Poland, Canada, Croatia and India. Due to the group members we are able to cover more than 15 different industry sectors.


For further information, please contact:

Michal Tesar, Director of Pandion Partners S.L. (Global Expansion): T: +420 602 373 422 – E: m.tesar@pandionpartners.com

Marc Feyen, Director of Pandion Partners S.L. (Global Communication): T: +32 498 911 777 – E: m.feyen@pandionpartners.com

MEDICO GROUP TAKEOVER OF GYNEKOLOGIE ZENKLOVA

Medico Clinic strengthens its position by entering Gynekologie Zenklova

NEWTON Business Development, a.s., provided its advisory services at the strategic investor’s entry – Medico Group – into a company Gynekologie Zenklova, s.r.o., which provides gynaecological services at Prague 8. The transfer of 100% share on the company was realized on 18 April, 2018

NEWTON Business Development, a.s., is member of Pandion Partners. Read more

For further information, please contact:
Michal Tesar, Partner of NEWTON Business Development, a.s.: E: m.tesar@pandionpartners.com
 

Meet Pandion Partners at the 5th SME Transfer Summit in Luxembourg.

You might be considering selling your business, consolidating your market or acquiring a company. You might wish to close a technology gap or decided to settle your succession.

PANDION PARTNERS, focusing on small to mid-sized companies, can show you HOW to get there!

With our Advisory Services in International M&A Transactions as part of the overall strategy of our clients (we call this our “InterLinked Approach”) and helping management with their strategic and business challenges we have managed to offer a Unique Value Proposition and to differentiate us from the traditional M&A boutiques.

In the complex and multi-cultural business landscape Pandion Partners is the partner to guide clients with a personalized approach by our experienced and specialized advisors who are mostly experienced former industry executives. They understand like no one else the challenges companies are facing today to realize their growth objectives.


Interested? Like to know more?

Meet us at the SME Summit in Luxembourg or,
Visit us at: www.pandionpartners.com and
reach out to one of our Management Team members:

Sebastian Moss:  E: s.moss@pandionpartners.com -  T: +49 173 529 5197
Marc Feyen: E: m.feyen@pandionpartners.com - T: +32 498 911 777

Bertsch Innovation becomes Industry 4.0 Provider

Bertsch Innovation completes its software offering with the acquisition of Pragma Informationssysteme. On-site maintenance and service data integrated into production planning and control (PPS) as well as logistics and supply chain. 
Joint growth as a provider of solutions for Industry 4.0
Pragma Informationssysteme will continue to be managed as an independent company.


With the acquisition of Pragma Informationssysteme, Bertsch Innovation becomes a leading supplier of solutions in the field of Industry 4.0.! By acquiring Pragma Informationssysteme, Bertsch Innovation has created the basis for process automation according to the Industry 4.0 vision. By combining the software solutions especially all machines already installed will become part of the Industry 4.0. space. Real time processing of machine and process data including the processing status of orders are made available. The information flow between and control of the upstream and downstream departments incl. the dispatch (logistics) is managed. in real
time. Thus process parameters can be changed promptly with optimized machine maintenance and efficient capacity planning. All measures lead to a significant increase in productivity based on the data collected.


Bertsch Innovation is a leading provider of product information management systems (PIM) and media asset management systems (MAM). With the epro-CAT software being the market leader in electronic catalog data delivery for all ecommerce marketplaces and the software suite mediacockpit being the preferred solutions for preventive maintenance as well as employee training on site. Despite all technological developments, the operator on the machine remains a decisive factor when it comes to the efficient operation of machines and industrial plants. As plants become more and more complex, operators need to be integrated into the information supply chain. A successful solution is therefore the "Knowledge on Demand", which, in addition to traditional training courses, focuses on knowledge transfer directly onsite, at the production machine. The success of such an ISCM system depends on not only the quality and quantity of the data provided, but also the usability of the respective touchpoints is a crucial factor.


Pragma Informationssysteme is a leading developer of commercial database applications for production planning and control (PPS) and production logistics / supply chain with integrated business intelligence application mainly in the printing industry. On the one hand, this market position is to be further expanded, on the other Pragma has with "Chroma" a fully integrated ERP system with interfaces to SAP, MS Dynamics NAV and DATEV as well as a (mobile and stationary) machine data collection. We see growth opportunities for the company outside of its original core business offering.


Pandion Partners in Germany arranged the transaction.
About Pandion Partners www.pandionpartners.com

The Pandion Partners Advisory Group, founded in 2000, consists of 14 different and independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Spain, Germany, Belgium, China, Italy, France, The Netherlands, Czech Republic, Poland, Brazil, Canada, USA and India. Due to the group members we are able to cover more than 15 different industry sectors.


For further information, please contact:
Sebastian Moss, Managing Director of Pandion Partners S.L.: T: +49 173 529 5197 – E: s.moss@pandionpartners.com
Marc Feyen, Director of Pandion Partners S.L. (Global Communication): T: +32 498 911 777 – E: m.feyen@pandionpartners.com

Everest Finanse acquires 100% shares in Tempo Finanse

With the transaction Everest Finanse strengthens its market position, increases the client’s database and loan’s portfolio value.

Everest Finanse, owner of Bocian Pożyczki brand, has acquired Tempo Finanse from a private equity fund ESO Capital. This is the first transaction on the Polish market, in which a whole consumer loan company is acquired, rather than its portfolio. This acquisition is a part of Everest Finanse’s strategy. As a result of this deal, Everest Finanse will increase its market share to ca. 10%. The value of the deal amounted to EUR 13 M.

Navigator Capital, member of Pandion Partners, acted as financial advisor to the buyer.


About Everest Finanse S.A.
www.bocianpozyczki.pl
Everest Finanse is a Poland-based provider of consumer loans under the brand Bocian Pożyczki.

About Tempo Finanse sp. z o.o.
www.finan.pl
Tempo Finanse is a Poland-based provider of consumer loans under the brand Finan.

About Pandion Partners
www.pandionpartners.com
The Pandion Partners Advisory Group, founded in 2000, consists of 14 different and independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Spain, Germany, Belgium, China, Italy, France, The Netherlands, Czech Republic, Poland, Brazil, Canada, USA and India. Due to the group members we are able to cover more than 15 different industry sectors.



For further information, please contact:
Karol Szykowny, Director at Navigator Capital S.A.: T: +48 605 691 629 – E: karol.szykowny@navigatorcapital.pl
Marc Feyen, Director of Pandion Partners S.L. (Global Communication): T: +32 498 911 777 – E: m.feyen@pandionpartners.com