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New Deal


Announced

Siparex to acquire a majority stake in Sodikart from Evolem.

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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France

karts

go-karting tracks

Recreational Vehicles and Boats

Acquisition

Majority

Private

Private Equity

Domestic

Friendly

Single Bidder

Pending

Synopsis

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Siparex, a private equity firm, agreed to acquire a majority stake in Sodikart, a manufacturer of go-karts, from Evolem, a private equity fund. Financial terms were not disclosed. “I would like to warmly thank EVOLEM, which has accompanied us over all these years in defining and validating the Group's strategy. We are now going to write a new page in our history with the arrival of Siparex ETI. Magnificent challenges and opportunities will allow us to pursue the development of our businesses," Bertrand Pignolet, Sodikart Chairman and CEO.

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