Transactions

Eurofred, a market leader in HVAC with a European footprint, sold its non-core subsidiary Horeca Global Solutions to TEFCOLD, a leading supplier of foodservice equipment.

MiiN Cosmetics, a leading retailer of Korean cosmetics in Europe, sold a minority stake to Barlon Capital, a private equity fund.

Gaïana, France’s leading publisher of vertical software for the agrifood sector (wines and spirits, horticulture, agriculture, and beverage distribution), acquired the Spanish company Tipsa, a publisher of business software dedicated to the wine sector.

Gaïana Group (iD Systèmes), France’s leading publisher of software dedicated to the life sciences sector (wine and spirits, horticulture and agriculture), acquired the Spanish company Ayanet TIC, a publisher of business software for the agri-food and distribution industries.

Clairfield International acted as the exclusive financial advisor to Abi Global Health in the Series A fundraising round led by Mundi Ventures and Uniqa Ventures.

The French company Socotec, active in the testing, inspection and control sector for the construction and infrastructure industry, known as TIC, acquired the majority shareholding of the Catalan BAC Engineering Consultancy Group, which works in the fields of civil and building engineering, energy, and quality control.

Clairfield International acted as financial advisor to Coop/Transgourmet on its acquisition of 100% of GM Foods from Bright Food Group (72%), JIC Investment (18%), and Group Donghuatong (10%), all from China.

Berdac, an IT healthcare start-up company, raised funds in an investment round from Big Sur Ventures, a venture capital firm, and their former shareholders.

Oxicorte Gatika, an oxy-fuel steel cutting company, was sold to Grupo Larrión, an integrated industrial group that works in the wire, steel, and electronic subsectors.

Pagantis, a fintech group based in Spain, sold QueBueno, its business line of online consumer microcredits, to an individual shareholder of the group.

SoLocal Group, a Euronext-listed digital marketing company, sold its Spanish subsidiary QDQ Media to AS Equity Partners.

Heverald Groupe S.A, the holding company of ESL and Alpadia, was sold to Kaplan International English, the ELT education division of Kaplan based in the UK.

GSS, a call center company operating across three continents, was sold to Covisian, one of the leading Italian companies in outsourcing business processes.

The Middleby Corporation, a global leader in the foodservice equipment industry, acquired Josper S.A., a leading manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications.

Clairfield Spain advised Grupo ADI in its acquisition of Quaternia. Both companies are active in the chemical distribution market and ADI will now have combined sales in excess of €55 mn. ADI is active in the textile sector while Quaternia is active in the personal care, cosmetic and detergent segments.

Thytronic, a family-owned and managed manufacturer of protection, continuity and safety solutions, acquired a majority stake in iGrid.

Clínica Bellavista, a mental-healthcare hospital, with a 50-year history was sold to SARquavitae, a leading network of nursing homes.