Acquisition of Formel D

Technology & Services
Acquisition of Formel D

Summary

Baird served as the exclusive financial advisor to 3i Group Plc

About

3i Group Plc (“3i”) (LSE: III) has invested in Formel D Verwaltungs GmbH (“Formel D” or the “Company”). The former shareholders Deutsche Beteiligungs AG (“DBAG”) and DBAG Fund V, a private equity fund managed by DBAG, have sold their investments in Formel D.

3i is a leading international investment manager focused on mid-market private equity, infrastructure and debt management across Europe, Asia and North America. 3i has approximately £13 billion of assets under management, of which over £3.8bn is invested through its private equity business. 3i is a FTSE 100 company and is headquartered in London, the United Kingdom.

Formel D is a global service provider to the automotive and component supply industry. The Company develops concepts and scalable solutions for quality assurance and process optimization along the entire automotive value chain, from development to production and aftersales. The Company was founded in 1993 and has more than 7,000 employees across 80 locations in 19 countries worldwide. Formel D has a strong track record and has outperformed the market over the last 10 years, growing at an average of 17% per annum. The Company is headquartered in Troisdorf near Cologne, Germany.
CONTACT US TO LEARN MORE
Technology & Services
Acquisition of Formel D
Date
July 2017
Company
3i Group plc
Transaction
M&A
Sectors
Technology & Services
Target Location
Europe
Acquiror Location
Europe

Share