
ERCP-backed Viadom acquires 66.6% of Merci Plus
Edmond de Rothschild Capital Partners (ERCP) portfolio company Viadom has taken a 66.6% stake in listed home help services provider Merci Plus Groupe.
The stake was acquired from the group's CEO and its holding company. Viadom plans to make an offer on the rest of the listed Merci Plus shares at a price of €14.45 per share. The company currently has a €7.55m market cap.
ERCP backed the secondary buyout of Groupe Viadom (formerly Groupe Philippe Bosc) from AtriA Partenaires in 2006. The buyout house took a 74% stake - of which a small part was subsequently syndicated - while management retained the 26% balance.
Founded in 2003, MERCI+ specialises in providing home help services for individuals. Its two main business lines are home cleaning and child care. The Toulouse-based company posted a €13.1m turnover in 2009.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater