English UK Page 8 Advent International
Advent International acquires leading specialty chemicals solutions provider Caldic from Goldman Sachs Asset Management
November 22, 2021, Frankfur t-the world's largest and most experienced private equity investors (hereinafter "Advent") are Goldman Sachta Asset Management. A global provider of Premium Solutions in the field of life science and hig h-valu e-added specialty chemicals, a Caldick BV (hereinafter referred to as "Caldick"), which aims to be a true partner for customers and business partners We announced what we did. Caldick will later merge with Latin America's leading chemical sales company Advent Group Transmelkim S. A. (GTM).
Caldick's product portfolio includes functional solutions for various segments of innovative food raw materials, natural products, life science and industrial end market. Based in Europe, North America and Asi a-Pacific regions, it has about 1, 200 employees at 35 bases. Sales in 2020 were about 1 billion euros.
"We are now a major transformation, reorganization, integration, and integration for the chemicals and distribution industry, and we are private equit y-only buyers," said Ronald Islez, a global head, a global head of advent and International. It is a great opportunity, and we have a lon g-term growth approach, which promises a new GTM. It is almost doubled from the beginning, and we are looking forward to working with experienced staff and management to make this merger a solid growth platform. "
"Caldick has a solid position in the market and has a very attractive growth opportunity. Cardic's strengths are specific customer demands by combining global networks and expertise in each region. A real global market leader is born by combining this company with the Latin American market leader in the Latin American market. Partner, Patrice Etrin, said.
Advent, which has more than 30 investments, is regarded as one of the most capable traders in the Universal Chemical industry. Advent is investing in a company in a perfect position, which has a great possibility in management and strategic. Along with powerful mass networks with our own investment companies, industry teams, outside industry experts, and management partners, advent is eager to form a sustainable price formation, leading the rise in salvage and upside. I am.
In 2014, the company bought 2 GTMs from the viewpoint of a Latin American chemical product distributor. Due to the unique situation of 35 years, GTM is one of the two companies engaged in the distribution of chemical products and have the absolute Latin American presence. Top-by-advent will continue to increase personal rise and have the opportunity to accelerate it, for example, at the cost of acquisition, like organic.
Advent is supporting management to use personal skills to make uniformation a powerful trout platform. The project's advent strategy considers larg e-scale investments in employees, technology, and objects. Apart from this, Advent has found the potential of future growth as a result of expansion and investment to strengthen companies that have already established a strong position in the market.
The conspiracy is scheduled to be completed in the first half of the 2022 after gaining normal standards and encouragement from regulatory authorities. The history of the transaction has not been revealed.
About Advent International
Advent International, established in 1984, is regarded as one of the huge and competent mass retailers in personal investment. The company has made more than 380 personal investments in 42 states, and as of June 30, 2021, its management has reached 68 billion yen. Advent, which has 15 offices in 12 states, has formed a globa l-integrated team in direct investment in North America, Europe, Latin America and Asia. Advent is working in five major categories: business cash services, healthcare, industrial, retail, consumer goods, leisure, and technology. < SPAN> Advent, which has more than 30 investments, is regarded as one of the most effective traders in the Universal Chemical industry. Advent is investing in a company in a perfect position, which has a great possibility in management and strategic. Along with powerful mass networks with our own investment companies, industry teams, outside industry experts, and management partners, advent is eager to form a sustainable price formation, leading the rise in salvage and upside. I am.
In 2014, the company bought 2 GTMs from the viewpoint of a Latin American chemical product distributor. Due to the unique situation of 35 years, GTM is one of the two companies engaged in the distribution of chemical products and have the absolute Latin American presence. Top-by-advent will continue to increase personal rise and have the opportunity to accelerate it, for example, at the cost of acquisition, like organic.
Advent is supported by personal skills to make uniformation a powerful trout platform. The project's advent strategy considers larg e-scale investments in employees, technology, and objects. Apart from this, Advent has found the potential of future growth as a result of expansion and investment to strengthen companies that have already established a strong position in the market.
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The conspiracy is scheduled to be completed in the first half of the 2022 after gaining normal standards and encouragement from regulatory authorities. The history of the transaction has not been revealed.
News
McAfee to Be Acquired by an Investor Group for over $14 Billion
Advent International, established in 1984, is regarded as one of the huge and competent mass retailers in personal investment. The company has made more than 380 personal investments in 42 states, and as of June 30, 2021, its management has reached 68 billion yen. Advent, which has 15 offices in 12 states, has formed a globa l-integrated team in direct investment in North America, Europe, Latin America and Asia. Advent is working in five major categories: business cash services, healthcare, industrial, retail, consumer goods, leisure, and technology. Advent, which has more than 30 investments, is regarded as one of the most capable traders in the Universal Chemical industry. Advent is investing in a company in a perfect position, which has a great possibility in management and strategic. Along with powerful mass networks with our own investment companies, industry teams, outside industry experts, and management partners, advent is eager to form a sustainable price formation, leading the rise in salvage and upside. I am.
- Advent is supporting management to use personal skills to make uniformation a powerful trout platform. The project's advent strategy considers larg e-scale investments in employees, technology, and objects. Apart from this, Advent has found the potential of future growth as a result of expansion and investment to strengthen companies that have already established a strong position in the market.
- Advent International, established in 1984, is regarded as one of the huge and competent mass retailers in personal investment. The company has made more than 380 personal investments in 42 states, and as of June 30, 2021, its management has reached 68 billion yen. Advent, which has 15 offices in 12 states, has formed a globa l-integrated team in direct investment in North America, Europe, Latin America and Asia. Advent is working in five major categories: business cash services, healthcare, industrial, retail, consumer goods, leisure, and technology.
- Advent has been working with management to steadily increase the profits and profits of investment companies after 35 years of international investment operations.
CFF Communications, Une Demless: +31 (0) 6 5026 1626 [ E-mail Protected].
McAfe e-Shareholders receive $ 26 per share in cash
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This transaction is evaluated as more than $ 14 billion.
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The acquisition price will be about 22, 6 % of the price of McAfee stock at the end of the transaction ($ 2121, 2021 on November 4, 2021).
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Investor groups include Advent, Permira, CrossPoint Capital, CPP Investment, GIC, and ADIA.
Sanzo, Californi a-McAfee Corporation (NASDAQ: MCFE, McAfee ") is Advent International, L. P. (hereinafter referred to as" Advent ") C (hereinafter referred to as "here" Permira "), CROSSPOINT CAPITAL PARTNERS (hereinafter" Cross Point Capital "), GP INVESTMENTS (hereinafter" CPP Investment "), CANADA PENSION PLAN INVESTMENT BO. ISERS LLC (hereinafter "Permira" ), CROSSPOINT CAPITAL PARTNERS (hereinafter "Cross Point Capital"), GP INVESTMENTS (hereinafter "CPP Investment"), Canada Pension Plan Investment Boar D (hereinafter "Cross Point Capital") TMENTS (hereinafter "CPP Investment") Announced the official acquisition agreement by the investor group. (Advent, Pelmira Advisors Ellacy (hereinafter referred to as "Permira"), Crosspoint Capital Partners (hereinafter "Cross Point Capital"), the Canadian Pension Investment Committee (hereinafter "GIC"), and the subsidiary of the Abdabi Investment Agency ("GIC"). Hereafter, "Adia") (hereinafter collectively referred to as "Investor Group")
As part of this transaction, the investor group has acquired all the common shares of McAfee for US $ 26, and is about $ 12 billion in shareholders, over 14 billion dollars after considering the repayment of the delinquent McAfee. Make a full cash transaction. This acquisition price is about 22, 6 compared to the McAfee stock at the end of the bid, which was $ 21, 21 on November 4, 2021, which was the last trading date before the possibility of McAfee sale was reported. %Of %bonuses.
The group of traders then owns McAfee. As a private company, McAfee continues to develop its tested skills of procuring as a favorite in the field of cybersecurity for personal victories and buyers, and then carries out the McAfee collective business and related dividends in the amount of $ 450 million. 50 US Bucks private investment company Symphony Technology Group's promotion for $ 4, 0 billion, closed on July 27, 2021.
"This intrigue is such a proof that McAfee is considered to be a favorite in the online defense market, and our professional employees, as well as excellent buyers and partners," said McAfee President and CEO Peter Rib. "We appreciate the efforts and loyalty of our employees to McAfee. We are pleased to partner with a leading company with a proven track record and a deep understanding of the landscape architecture.
In 2017, TPG partnered with Intel to lift McAfee out of Intel's larger business and create a clean cybersecurity company with access to significant national, operational and technical resources. Last year, McAfee completed its first placement in the promotion, with TPG and Intel, held by the company's shareholders.
John Winkelid, CEO of TPG and chairman of McAfee's board of directors, said, "Today's poster speaks to McAfee's continued rise and prowess. Over the past four years, the company has expanded its personal portfolio of assets, improved its strategy to enter the bazaar, and executed strategic M& A in the resale of its collective business. We are proud that McAfee is now recognized by buyers as the go-to cybersecurity company that protects the digital lives of 20 million subscribers around the world.
TPG Tim Millikin, a companion of McAfee and member of the board of directors, added: "For me, it has been a great honor to work with McAfee and its management team to change and elevate the company's direction over the past four years. Our partnership with McAfee reflects TPG's attraction to invest in the formation of companies that deliver differentiated pricing in their respective markets.
"McAfee is one of the most trusted brands in the important task of protecting consumer digital data," said Brian Taylor, Palo Alto Investment Group and Management Company. "As buyers face new and complex cyber risks, we provide innovative conclusions that form a differentiated McAfee technology platform and protect all the nuances of digital life around the world. In order to continue, we are looking forward to the opportunity to increase the number of consumer digital defense with investment partners and McAfee professional teams.
Brian Ruder, a Permira technology category, said, "Online requires a proposal that is personalized, innovative and intuitive. McAfee is an enviable brand, a wide range of partner ecosystems, customer bases, and products. The strict commitment to development has gained the opportunity to be sampled, and in close use of our abundant experiences in the expansion of technology for consumers and the expansion of cyber security businesses. We are willing to support even higher levels.
Greg Clark, a cros s-point capital management companion and a former Symantec managed director, added: "The risk of customers facing every quality of their own digital life is enormous, and these dangers are no precedent and are increasingly expanding. Thanks to the worl d-class brands of McAfee, we are. We believe that there is a long chance to provide products and services that destroy these risks in all quality digital presence.
The Sovokupa member store group will provide McAfee's management resources to expand consumer services and meet the rapidly growing demand for digital defense proposals. The MCAFEE brand's strong awareness, diverse sales models, and layouts focusing on buyers have gained absolute popularity in the crowded development of online customer protection. The member store group supports McAfee, continues to expand its unique differentiated conclusions on online protection, and provides lon g-term prices by expanding the market.
Under the conditions of the contract approved by the McAfee McAfee Board of Directors, the details of the transaction will receive $ 26 for their own promotional ownership, 00.
About McAfee
Conspiracy is assumed that it will be completed in the first half of 2022, and it must meet the regular closing standards (such as promoting McAfee shareholders, approval of regulatory authorities, approval of the US Foreign Investment Committee, etc.). Some of the related funds related to Intel Americas, Inc. and TPG GLOBAL, LLC are based on specific criteria, based on a specific standard, with the consent of voting rights (especially those who agree to give a vote for transactions with their own propulsion). I concluded it. Support in the form of voting rights based on the voting exercise agreement shall end mechanically if the merger contract is canceled or the McAfee Board of Directors replaces the recommendation with negative ones. In rea l-time, sharehale shares account for 67, 9 % of McAfee's normal promotion.
About Advent International
McAfee's Board of Directors has sued the Board of Directors and consultants on a final agreement on the merger for acquisitions for the 4 5-day "Go Shop" period to maximize the price of ordinary stocks. McAfee, in accordance with the standards and clauses of the merger agreement, includes the right to accept the merger during the g o-chop period and accept a highe r-profit proposal. There is no collateral that this process will lead to a higher profitable proposal, and McAfee is about the development of measures related to this course, until the McAfee Board of Directors will need to disclose the subsequent disclosure of INFA. I don't want to disclose any information.
Condor Bidco, Inc. (hereinafter referred to as the "maternal company"), a model for merger, pledged to provide joint stock and debt funds for financing for the merger agreement. The funds discussed by the Trader Group are obliged to receive a parent company through a method of contributing $ 5. 2 billion at the end of the merger transaction, and cooperates with the provisions stated in the financial resources notification of the signed shareholder. I'm doing it. < SPAN> Conspiracy is expected to be completed in the first half of 2022, and must meet the regular closing standards (such as the promotion of McAfee shareholders, approval of regulatory authorities, and the approval of the US Foreign Investment Committee). Some of the related funds related to Intel Americas, Inc. and TPG GLOBAL, LLC are based on specific criteria, based on a specific standard, with the consent of voting rights (especially those who agree to give a vote for transactions with their own propulsion). I concluded it. Support in the form of voting rights based on the voting exercise agreement shall end mechanically if the merger contract is canceled or the McAfee Board of Directors replaces the recommendation with negative ones. In rea l-time, sharehale shares account for 67, 9 % of McAfee's normal promotion.
About Permira
McAfee's Board of Directors sued the Board of Directors and consultants on a final agreement on the merger for acquisitions for the 4 5-day "Go Shop" period to maximize the price of ordinary stocks. McAfee, in accordance with the standards and clauses of the merger agreement, includes the right to accept the merger during the g o-chop period and accept a highe r-profit proposal. There is no collateral that this process will lead to a higher profitable proposal, and McAfee is about the development of measures related to this course, until the McAfee Board of Directors will need to disclose the subsequent disclosure of INFA. I don't want to disclose any information.
Condor Bidco, Inc. (hereinafter referred to as the "maternal company"), a mergers buyer, pledged to provide joint stock and debt funds for financing trading stipulated in the merger agreement. The funds discussed by the Trader Group are obliged to receive a parent company through a method of contributing $ 5. 2 billion at the end of the merger transaction, and cooperates with the provisions stated in the financial resources notification of the signed shareholder. I'm doing it. Conspiracy is assumed that it will be completed in the first half of 2022, and it must meet the regular closing standards (such as promoting McAfee shareholders, approval of regulatory authorities, approval of the US Foreign Investment Committee, etc.). Some of the related funds related to Intel Americas, Inc. and TPG GLOBAL, LLC are based on specific criteria, based on a specific standard, with the consent of voting rights (especially those who agree to give a vote for transactions with their own propulsion). I concluded it. Support in the form of voting rights based on the voting exercise agreement shall end mechanically if the merger contract is canceled or the McAfee Board of Directors replaces the recommendation with negative ones. In rea l-time, sharehale shares account for 67, 9 % of McAfee's normal promotion.
About Crosspoint Capital Partners
Conspiracy is assumed that it will be completed in the first half of 2022, and it must meet the regular closing standards (such as promoting McAfee shareholders, approval of regulatory authorities, approval of the US Foreign Investment Committee, etc.). Some of the related funds related to Intel Americas, Inc. and TPG GLOBAL, LLC are based on specific criteria, based on a specific standard, with the consent of voting rights (especially those who agree to give a vote for transactions with their own propulsion). I concluded it. Support in the form of voting rights based on the voting exercise agreement shall end mechanically if the merger contract is canceled or the McAfee Board of Directors replaces the recommendation with negative ones. In rea l-time, sharehale shares account for 67, 9 % of McAfee's normal promotion.
About CPP Investments
Condor Bidco, Inc. (hereinafter referred to as the "maternal company"), a model for merger, pledged to provide joint stock and debt funds for financing for the merger agreement. The funds discussed by the Trader Group are obliged to receive a parent company through a method of contributing $ 5. 2 billion at the end of the merger transaction, and cooperates with the provisions stated in the financial resources notification of the signed shareholder. I'm doing it.
About TPG
A group of traders has received commitments from JPMorgan Chase & Co., Bank of America, Credit Suisse Bank, Cayman Islands Branch, Barclays Bank, Citibank Japan, Credit Suisse AG Cayman Islands Branch, Barclays Bank PLC, Citibank N. (and/or its subsidiaries), HSBC Bank USA, National Association, Royal Bank of Canada, CPPIB Credit Investments III Inc, UBS AG, Stamford Branch and PSP Investments Credit USA LLC to provide debt financing consisting of an emergency loan in the required amount of US$6. 66 billion, a US$1. 0 billion revolving loan facility and US$2. 32 billion of unsecured senior bridge loans (which may be replaced with senior notes issued under Standard 144A or other private placements). PSP Investments Credit USA LLC and investment funds managed by Neuberger Berman have agreed to provide financing to Merchant Group in the form of a pre-promotion offering with liquidation preferences up to an aggregate of US$800 million, subject to the satisfaction of customary criteria.
Upon completion of the transaction, McAfee's customary promotion will no longer be listed on a public securities exchange.
Third Quarter Conference Call Update Separately, McAfee will announce third quarter cash financial results. In connection with the announced transaction with Investor Group, McAfee has postponed its conference call scheduled for Tuesday, November 9, 2021.