Vista has successfully closed two transactions recently: Bike retailer Fiets! found a strong partner in Colruyt Group & spare parts distributor Vedelec was sold to Industries & Finances Partenaires, a French private equity group.
Colruyt Group invests in Fiets!
Vista Capital Advisors was mandated by Vermec to find a new partner for troubled Belgian bike retailer Fiets! On 20th of March 2019 Colruyt Group entered the company's capital for a 75% stake. Please find the press release here.
"As from the first contact with Vista, the collaboration went very smoothly. I especially appreciated that Vista thought along with us in our search for an investor. The positive attitude and perseverance of Kristof Van Haver was the icing on the cake: "Failure is not an option" with Vista!" Michel Verhaeren, Vermec.
Marc Hofman, COO Retail of Colruyt Group: "This investment fits in with our long-term vision: we want to offer the consumer added value in the various phases of his life and further invest in sustainable mobility."
Vista assisted the shareholders of Fiets! in the entire process, from identifying potential investors to closing.
Vedelec sold to Industries & Finances Partenaires
Vedelec is a specialised distributor of household appliances spare parts and accessories for the professional trader. Vista Capital Advisors assisted Vedelec's shareholders with the sale of their company to Industries et Finances Partneraires, a French Private Equity group. The acquisition took place in the context of a buy-and-build strategy of IFP's portfolio company SDS Group, a leading French peer in spare parts distribution.
Pangea M&A network completes 110 deals in 2018 & rebrands to Pandea
In 2018, the Pandea Global M&A network - of which Vista Capital Advisors is a member firm - completed 110 transactions with a combined value of over €1.6 billion. The network was most active in the Business Support Services sector, which accounted for 25% of the completed deals, followed by Consumer & Retail (15%), Construction & Engineering (13%) and Technology (12%).
Notable cross border deals included the sale of UK-based specialist flooring supplier Kemtile to US-listed engineering giant RPM International, and the sale of Irish alarm manufacturer HKC to Swedish group Assa Abloy.
The network, which recently rebranded to Pandea, was established in 2017 and initially brought together partners in the UK, US, Australia, Canada, France, Belgium, Italy, Portugal, the Netherlands, Poland, Sweden and Ireland, representing more than 60 office locations between them.
Last year saw Pandea grow to 16 member firms, with Sancovia (Germany), Zaxo (Brazil) and JR Laddha Financial Services (India) all joining the network.