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New Deal


Announced

Completed

An investment consortium completed the acquisition of a 16.8% stake in Belron from CD&R for $3.9bn.

Financials

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Transaction Value£3,015m
Consideration TypeCash
Capital Owned-
Capital Bid For17%
EV/Sales5x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

France

replacement services

vehicle glass repair

Auto Services

Private Equity

Friendly

Cross Border

Minority

Private

Completed

Synopsis

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An investment consortium completed the acquisition of a 16.8% stake in Belron, a vehicle glass repair and replacement group, for c.$3.9bn. The consortium includes Hellman & Friedman, BlackRock and GIC. We are very pleased to welcome new, high quality investors at Belron and to continue our strong partnership with the Belron team and the D’Ieteren Group in a business that we believe has tremendous runway for growth and value creation. Importantly, we are excited to deliver a creative solution that has given our investors an array of attractive options," Christian Rochat, CD&R Partner.

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