Avanza has been acquired by Covisian Group
Avanza, a global BPO company, has been acquired by Covisian Group.
Avanza, controlled by Baring Private Equity Partners, is an outsourcing services provider with more than 4,500 employees, over 300 clients and presence in six countries. Based in Madrid, Spain, Avanza’s main business lines are outsourcing logistics, retail and trade marketing, contact center and back-office services.
Owned by the private equity firm Aksia Group, Covisian Group is the second largest contact center services provider in Italy, with revenues of US$335 million, over 15,000 employees and presence in five countries. This transaction is an important step in the group's strategy to increase its global footprint. The agreement introduces Covisian into Colombia and reinforces its presence in Spain, while providing a portfolio of first-class clients.
Oaklins' team in Spain acted as financial advisor to Avanza in the origination of the process, identification of potential buyers, negotiations and the closing of the transaction.
Talk to the deal team
Bosco Salaverri Aguilar
OFFIX Holding and Office World Holding bundled their activities into the newly formed JV Office World Group
OFFIX Holding AG and Office World Holding AG have bundled their businesses into the newly founded Office World Group AG. Office World Holding brings its subsidiaries Office World, iba and Tramondi, and OFFIX brings its companies Papedis, Ecomedia, Oridis, Office Leader and DocuServ into the new Office World Group AG. The merger creates a Swiss group that will be represented throughout the country, generating sales of approximately US$400 million with just under 600 employees.Learn more
Zoofy has raised growth capital for its expansion into Germany
Zoofy, an Amsterdam-based platform connecting professional handymen with consumers and businesses, has raised growth capital from a private investor for its expansion into Germany. The company expects to launch its German platform in the second quarter of this year.Learn more
Ace Pharmaceuticals has been acquired by Gilde Buy Out Partners, Gilde Healthcare and Quadrum Capital
Ace Pharmaceuticals BV has been acquired by Gilde Buy Out Partners, Gilde Healthcare, Quadrum Capital and the management team.Learn more