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New Deal


Announced

Quva to acquire a majority stake in ConDoor from Parcom and Synergia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Single Bidder

Private

Private Equity

Friendly

Pending

Building Materials: Other

garage doors

Netherlands

Majority

Synopsis

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Quva, a private investment firm, agreed to acquire a majority stake in ConDoor, a producer of insulated overhead doors, from private equity firms Parcom and Synergia. Financial terms were not disclosed. “We are excited to welcome Quva as ConDoor’s new partner. In Quva, we have found a long-term shareholder which guarantees the independence of ConDoor and commits to further invest in the future of the company. We would like to thank Parcom and Synergia for the pleasant partnership the past years which was characterized by the right balance of support where necessary and entrepreneurial freedom," Kees-Jan Honig, ConDoor Director.

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