Deal of the Year, European, 2015: Carlyle Group


Flames in a boiler burner

SNAPSHOT

  • Company: Sermeta (fka Giannoni France)
  • Lender: n/a
  • Legal adviser: Linklaters
  • Financial adviser: KPMG

WHY THEY WON 

  • Sale generated a 3.3x return for Carlyle
  • Sermeta created a new product under Carlyle’s ownership
  • The company’s EBITDA grew more than 40 pct under Carlyle
  • Carlyle used its global network to help Sermeta expand into Asia

Investing into the teeth of the global financial crisis was not an easy decision to make, but many times those with the fortitude to do it emerged with strong results.

This is true for the winner of Buyouts European Deal of the Year: The Carlyle Group’s sale of Sermeta, formerly known as Giannoni France. Carlyle’s Europe team invested in Sermeta in June 2010 after pursuing the company since 2009. Carlyle exited the ...

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