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New Deal


Announced

Polaris Capital acquired an 80% stake in Panasonic's security systems division.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Security Equipment

Private Equity

Japan

Majority

security systems

Private

Synopsis

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Private equity firm Polaris Capital acquired an 80% stake in Panasonic's security systems division. In a statement, Polaris said it has agreed to a strategic capital alliance with Panasonic and signed a share purchase and shareholders agreement through one of its funds, Polaris Private Equity Fund IV. Panasonic will hold the remaining 20%. Financial terms were not disclosed.

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