CVC Acquires F1
KKR and GIP Acquire CyrusOne
On March 25, 2022, KKR and Global Infrastructure Partners (GIP) completed a take-private levered buyout of CyrusOne for $15 Billion. CyrusOne is a fully integrated self managed real-estate investment trust which operates and develops data-center properties. The team explores the rationale from both the target and buyer through the context of this fast-growing industry. A […]
CD&R Acquires American Greetings
In early February of 2018, Clayton Dubilier & Rice announced that it would be acquiring American Greetings, the largest producer of greeting cards and social expression products in the world. Using its “operating LBO” approach, CD&R believed that American Greetings had several value-add and growth opportunities – despite being in a supposedly declining industry. Our […]
Authentic Brands Acquires Ted Baker
In August of 2022, Authentic Brands Group (ABG) entered into an agreement to acquire Ted Baker for approximately £203m in an all cash deal. The acquisition marks the latest effort by ABG to acquire distressed consumer brands and improve then through integration with its platform. The team discusses how Ted Baker will fill ABG’s market […]
BC Partners Acquires GFL Environmental
On April 22nd, 2018, BC Partners, Ontario Teachers’ Pension Plan, and GIC Private Limited agreed to acquire Green For Life Environmental for US$3.9 billion. The deal was BC Partners’ and Ontario Teachers’ Pension Plan’s 1st transaction in the environmental sector. Our team covers the unique ownership structure of the deal and current waste management trends. […]
Ares Acquires CoolSys
In early 2019, Ares Management announced that it would be acquiring CoolSys, a market leader in heating, ventilation, and air conditioning systems (HVAC). CoolSys employs an intensive M&A strategy to grow, and Ares was seen as an excellent partner to continue growing with. The team explores the fundementals behind buy-and-build strategies and examines the investment […]
Blackstone Acquires Oatly
Blackstone announced in July of 2020 that it would be acquiring Oatly, a Swedish oat milk producer, known for developing trendy oat-milk based products. The QPCG team explores key trends in the dairy alternatives industry, and summarizes the strategic reasons for a sponsor acquisition.
Brookfield Acquires Clarios
In 2020, Brookfield acquired the Power Solutions division of Johnson controls (renamed Clarios). Power solutions manufacturers lead acid batteries for a wide variety of automotive vehicles. While many pureplay electric vehicle makers have pivoted to lithium-ion batteries, traditional ICE vehicles and hybrids still use lead acid batteries. With supporting tailwinds from widespread battery deployment, Brookfield […]
Onex Acquires Westjet
Onex Acquires Westjet Deal Discussion January 20, 2020 In December 2019, Onex Partners – one of Canada’s largest private equity funds – announced that it had completed its acquisition of Westjet, Canada’s second largest air carrier. Airlines have historically been avoided by alternative asset managers due to their thin margins, high capital expenditure requirements, and […]
