APEF 5 erwirbt RHIAG
Pressemitteilung - 12 July 2007
The Alpha Private Equity Fund 5 (APEF 5) is pleased to announce its sixth investment since its inception in February 2006.
Today, APEF 5 has acquired the Rhiag group from a group of investors led by CVC Capital Partners.
Rhiag, an Italian company, is leading distributor of branded automotive spare parts in the independent Italian aftermarket and one of the largest players in Switzerland and across Eastern Europe where it operates through a network of subsidiaries.
Rhiag buys and distributes a wide range of products (including mechanical parts and electrical parts) to local wholesalers which, in turn, supply parts to garages. Rhiag also offers value added services and specialised training modules to its clients and garages in order to increase their loyalty. 69% of sales are generated in Italy. Switzerland and Eastern Europe (Hungary, Romania, Ukraine, Poland, Slovakia and Czech Republic) represent 31%.
APEF 5 and Alpinvest Partners will hold the majority of the share capital of Lanchester SA, the acquisition holding. The funds will be associated with the existing management team of Rhiag and aim to continue to develop the company.
Alpha Associés Conseil
Alpha Associés Conseil is the French advisory company to the Alpha Private Equity Funds, which managed a total amount of more than €1.5 billion, of which €750 million raised in February 2006 with European and American institutional investors. The Alpha Funds specialize in leveraged buy-out situations, targeting medium-size companies in France, Germany, Benelux, Switzerland and Italy, covering either industrial or services growing businesses. They are generally family-owned companies or spin-offs of large groups. Moreover, these companies hold a strong and strategic position on their markets.
AlpInvest partners
AlpInvest Partners is one of the largest private equity investors in the World with approximately €40 billion of assets under management. Approximately 80% of these funds are invested by AlpInvest Partners in private equity funds globally, with the remainder invested directly into companies through co-investments with the major GPs in Europe, the US and Asia. To learn more about AlpInvest Partners visit www.alpinvest.com
CVC Capital Partners
CVC Capital Partners is a leading international private equity and investment advisory firm. Founded in 1981 as Citicorp’s European private equity arm, in 1993 CVC completed its own management buy-out and is independently owned by its management. CVC Asia Pacific was formed in 1999 as a joint venture between CVC Capital Partners and Citigroup, focusing on large-scale buy-outs in the region.
Since 1996, CVC has raised and managed funds exceeding €18 billion and its fourth fund, CVC European Equity Partners IV, closed in July 2005 raising €6 billion.
CVC is one of the few buyout groups structured for both the European mid and large buyout markets. It operates an integrated network of 18 advisory offices. CVC's operations have an experienced team of over 150 professionals.
- Advisor to the Acquirers Alpha Associés Conseil (Florence Fesneau, Thomas Mulliez) Fineurop (Eugenio Morpurgo, Umberto Zanuso
- Legal Counsel Acquirers Giliberti Pappalettera Triscornia e Associati Studio Legale (Carlo Papalletera, Iacopo Canino)
- Legal Counsel Management Montanari Brescia e Associati Studio Legale (Alberto Montanari)
- Tax Counsel Ernst & Young (Lionel Benant, Marco Bosca)
- Strategic due diligence Roland Berger (Roberto Crapelli, Andrea Marinoni)
- Legal Counsel Sellers SJ Berwin (Alberto Morano, Fabio Cigna)
- Financial due diligence Sellers Price Waterhouse Coopers (Carlo de Vilas)
- Financing ING (Alberto Arrotta, Claudio Goia)
- Legal Counsel Financing Clifford Chance (Massimo Novo, Nicholas Lasagna)
