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Announced

Completed

Amadeus FiRe completed the acquisition of ComCave from Glide Buy Out Partners for $223m.

Financials

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Transaction Value£181m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Majority

Friendly

Germany

Acquisition

Single Bidder

Education Services

educational services

Private

Completed

Synopsis

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Amadeus FiRe, an employment agency, completed the acquisition of ComCave, a provider of educational services, from Glide Buy Out Partners, a mid-market private equity firm, for $223m. “We are proud of the successful years of partnership with Gilde and the founder of ComCave during which we were successfully able to further scale the business model by launching more than 40 new locations across Germany. Under the new ownership with Amadeus FiRe, we will continue to pursue our strategy and enter a new phase of growth and success,” Thomas Surwald, ComCave CEO.

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