This document presents a concise assessment of the global private equity investor database. Our team used a keyword tracking tool to identify investors who used carve-out-related terminology on their websites. Consequently, we have created a comprehensive Excel spreadsheet that can accurately identify relevant investors in the carve-out sector.
Carve-out investments generally offer lower entry multiples for private equity firms compared to other buyouts, leading to higher returns on exit. In this article, we are introducing three interesting carve-out-focused private equity funds from our keyword crawler-based carve-out-private equity investors list.
1. Hivest Capital Partners (Paris)
Hivest Capital Partners is a French private equity firm based in Paris that specializes in investing in SMEs and mid-cap companies with turnovers ranging from €50 million to €500 million. They engage in various types of transactions, including buyouts, capital expansion projects, and corporate carve-outs. In May 2023, Hivest Capital formed CCE Group by acquiring AviusULD and Driessen from Safran in a carve-out transaction. The acquired companies specialize in the aerospace industry, with a focus on cabin and cargo equipment. With over 35 years of experience in their field, AviusULD and Driessen are leaders in their niche market.
2. Elyan Partners (Paris)
Elyan Partners is a private equity firm based in Paris and a member of the Edmond de Rothschild Private Equity partnership. They are renowned for their involvement in significant Carve-Out transactions. Regarding these transactions Elyan Partners, through ERES IV, acquired a majority stake in Oncodesign Services, a contract research organization specializing in drug discovery and preclinical services in oncology and immuno-inflammation. This acquisition marks a new chapter for Oncodesign Services, with a focus on maintaining the growth of its drug discovery services.
3. Ardian (Paris)
Ardian is a private investment firm that is a global leader in its field and is partially owned by its employees. We manage or advise on $160bn worth of assets across Europe, the Americas, Asia, and the Middle East on behalf of governments, institutions, pension funds, and high-net-worth investors. Ardian has participated in several carve-out deals, such as the acquisition of Assystem’s global product solutions division, which was later rebranded as Expleo.
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