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New Deal


Announced

Pacific Avenue Capital to acquire the filtration business unit from Sogefi for €374m.

Financials

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Transaction Value£319m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.7x
EV/EBITDA3.6x
Share Price Premium-
One Off Charge-

Tags

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filtration solutions

Acquisition

Majority

Private

Pending

Friendly

Private Equity

Auto Parts

Cross Border

Italy

Single Bidder

Synopsis

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Pacific Avenue Capital, a private equity fund, agreed to acquire the filtration business unit from Sogefi, a supplier of original parts for the automotive industry, for €374m. The filtration business unit will operate under the name Purflux Group in case of closing of the transaction.

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