MERIDIAN WEEKLY

M&A · TMT · €5.6bn

Thoma Bravo's Proofpoint Acquires Varonis Systems for $6.3 Billion

Thoma Bravo's portfolio company Proofpoint has agreed to acquire data security firm Varonis Systems in a take-private transaction valued at $6.3 billion. Varonis provides visibility and control over critical data and secures AI with managed detection and response.

Source: PE Hub

M&A · Healthcare · €2.5bn

WCAS sells $2.8bn CenterWell clinic stake to BlackRock’s HPS

Whipsnade Capital Advisors (WCAS) is selling its stake in CenterWell, a network of senior primary care clinics, to BlackRock's HPS Investment Partners. The joint ventures operate nearly 150 clinics as part of Humana's CenterWell business.

Source: PE Hub

M&A · Industrials · €2.0bn

Asterion outbids Apollo to acquire Freikin for €2 billion

Spanish fund Asterion has reportedly outbid Apollo to acquire Freikin for €2 billion. This acquisition will give Asterion control over a European rental fleet of 50,000 vans and trucks.

Source: Expansion

M&A · TMT · €1.8bn

AT&T Sells Mexican Unit to Televisa and Fintech for $2 Billion

AT&T is divesting its Mexican subsidiary to Televisa and Fintech for $2 billion. This move signifies a retreat of foreign operators from the Mexican market, which is dominated by América Móvil.

Source: Cinco Dias

M&A · Consumer · €1.3bn

Galderma agrees to acquire ZO Skin Health for around $1.5 billion

Galderma has agreed to acquire ZO Skin Health for approximately $1.5 billion. ZO Skin Health was previously acquired by Blackstone through its tactical opportunities fund in 2020.

Source: Deal Reporters

M&A · Industrials · €1.2bn

Lufthansa to Acquire 44.9% Stake in TAP Air Portugal for €1.2 Billion

German airline Lufthansa has won the bid to acquire a 44.9% stake in Portugal's national carrier, TAP Air Portugal, for €1.2 billion. The Portuguese government selected Lufthansa's offer over that of Air France-KLM.

Source: Financial Times

ECM · Financial Services · €889m

Listings in south-east Asia gain momentum with $1bn IPO

The owner of digital wallet GCash is set to start trading in south-east Asia, marking the region's biggest debut this year with a $1 billion IPO. This signals growing momentum for listings in the area.

Source: Financial Times

Debt Advisory · TMT · €800m

SWI raises €800 million for AI infrastructure expansion

Investment firm SWI is raising 800 million euros to fund its expansion in AI infrastructure, including developing and leasing data center and computing capacity for artificial intelligence in Europe and the US.

Source: Expansion

M&A · Industrials · €2.0bn

Asterion outbids Apollo to acquire Freikin for €2 billion

Spanish fund Asterion has reportedly outbid Apollo to acquire Freikin for €2 billion. This acquisition will give Asterion control over a European rental fleet of 50,000 vans and trucks.

Source: Expansion

M&A · Industrials · €1.2bn

Lufthansa to Acquire 44.9% Stake in TAP Air Portugal for €1.2 Billion

German airline Lufthansa has won the bid to acquire a 44.9% stake in Portugal's national carrier, TAP Air Portugal, for €1.2 billion. The Portuguese government selected Lufthansa's offer over that of Air France-KLM.

Source: Financial Times

Debt Advisory · Real Estate · €95m

Tomás Olivo Loans €95 Million to Dominican Republic Holding Company

Real estate entrepreneur Tomás Olivo has provided a €95 million loan to one of his own companies in the Dominican Republic. This transaction is linked to his control of shares in Unicaja.

Source: Cinco Dias

M&A · Real Estate · €76m

Racc Sells Headquarters to Generalitat for €75.5 Million

The Racc, a large Catalan association, has sold its headquarters building to the Generalitat (regional government). The 37,000 square meter office complex is located in Barcelona in an area designated for the future health campus of Clínic-UB.

Source: Expansion

M&A · Real Estate · €60m

Dunas Capital Acquires Former RDM Factory in Barcelona for Up to €60 Million

Dunas Capital has purchased the former RDM factory located in Barcelona. The transaction is estimated to be valued between €50 million and €60 million.

Source: Expansion

M&A · TMT · €20m

Indra and Digital SEPI Lead Qilimanjaro Quantum's New Funding Round, Raising €19.6 Million

Indra, along with the Spanish state-owned digital holding company SEPI, has co-led the initial closing of Qilimanjaro Quantum's new funding round, securing €19.6 million. The company aims to raise up to €50 million in total to industrialize its quantum computers, advance new c…

Source: Cinco Dias