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New Deal


Announced

Completed

Core Equity completed the acquisition of a 54% stake in Provalliance for $315m.

Financials

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Transaction Value£231m
Consideration TypeCash
Capital Owned-
Capital Bid For54%
EV/Sales-
EV/EBITDA7x
Share Price Premium-
One Off Charge-

Tags

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Private Equity

haircare services

Personal Products

Majority

Acquisition

Single Bidder

France

Private

Friendly

Cross Border

Completed

Synopsis

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Core Equity, a highly differentiated investment advisor, completed the acquisition of a 54% stake in Provalliance, an Europe’s provider of haircare services and products, for $315m. “We are delighted to start this partnership with Franck Provost and Provalliance’s outstanding management team, led by Marc Aublet. This investment illustrates our unique positioning, combining both long-term and active ownership to help a focused portfolio of high quality businesses unleash their full potential,” Pierre Heinrichs, Core Equity Partner.

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