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New Deal


Announced

Hivest Capital-backed Holding Agora to acquire The Placemakers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Italy

outdoor street furniture

Household Furnishings

Acquisition

Cross Border

Private

Majority

Friendly

Pending

Single Bidder

Synopsis

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Hivest Capital-backed Holding Agora, a group producing foundry equipment for urban realm, agreed to acquire The Placemakers, an Italian leader in the design and manufacturing of street furniture. Financial terms were not disclosed. "We are thrilled to welcome TPM, along with the Bertino and Tasca families, into the Agora group. The acquisition of TPM is a key milestone for Agora and will act as a catalyst in deploying our ambitious growth strategy for the Group," David Lelièvre, Holding Agora President.

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