Announced
Financials
Tags
Majority
Cross Border
advertising software development
Acquisition
Private Equity
Friendly
Software
United States
Private
Pending
Single Bidder
Synopsis
DeA Capital, an independent alternative asset management platform, agreed to acquire a majority stake in Zephyr Group, an independent distributors of spare parts for marine and power plant engines. VSL Club, an investment and advisory company, participated in the transaction as a strategic co-investor. Financial terms were not disclosed. “We are pleased to support the shareholders of a Group characterised by such heritage and high reputation in global and strategic sectors such as the shipping and power generation, with promising consolidation opportunities and an increasing attention to environmental sustainability," Giuliano Palazzo, DeA Managing Director.
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