CVC Capital Partners has acquired Paroc Group
UK-based CVC Capital Partners (CVC) has acquired Paroc Group from a bank consortium for an enterprise value of approximately US$900 million.
CVC is one of the world's leading private equity and investment advisory firms. Founded in 1981 and with a network of 21 offices around the world, CVC currently manages funds on behalf of over 300 investors from North America, Europe, Asia and the Middle East, amounting to over US$65 billion.
Paroc is the leading producer of stone wool insulation in the Nordic and Baltic regions, producing building insulation and technical insulation for the residential and commercial construction markets, as well as various industrial applications.
Oaklins' team in Finland acted as financial advisor to the buyer in this acquisition, dealing with all the negotiations and assessing risks related to Paroc’s exposure to the Russian market.
Talk to the deal team
Senior AdvisorHelsinki, Finland
Baltcap-backed Coffee Address has acquired Latvian vending machine operator Kafe Serviss
Coffee Address Holding, the largest vending machine and coffee service company in the Baltics, currently owned by the private equity and venture capital firm Baltcap, has acquired a local Latvian coffee service company Kafe Serviss. The transaction will further strengthen the position of Coffee Address, improving both the product and service offering to its customers across the country.Learn more
K & R Eilers GmbH has been acquired by Groupe Circet S.A./Advent International
The private shareholder of K & R Eilers GmbH has sold the company to Groupe Circet S.A., backed by Advent International. The seller will continue to manage the company and reinvest in the new parent company. This transaction will provide K & R Eilers better access to financing and to enable faster growth and more market opportunities.Learn more
VIA equity has invested in eSmiley
With eSmiley’s attractive market position and VIA equity’s track record of supporting niche technology companies, eSmiley is fueled to accelerate growth and increase its international footprint. Management shareholders are reinvesting into the new ownership structure. VIA equity’s investment in eSmiley is a strong fit with its investment focus, offering great potential to build an international niche market leader.Learn more