Palamon sells Loyalty Partner to American Express
Palamon Capital Partners, one of Europe’s leading mid market private equity firms, has agreed the sale of its 54% stake in Loyalty Partner to American Express. The sale price of the Palamon shares amounted to €240 million, representing an enterprise value of approximately €500 million for the Company. The transaction is subject to approval by the German Federal Cartel Office.
Palamon and G Square backed Grupo SAR becomes the Spanish leader in elderly care
Grupo SAR, a leading Spanish provider of care to the elderly backed by European Private Equity firms Palamon Capital Partners and G Square, has announced the acquisition of Mapfre Quavitae, the third largest operator in the Spanish residential care market, for an undisclosed amount. The transaction is subject to regulatory approvals.
Palamon Capital Partners acquires Eneas Energy AS for NOK 375 million
Palamon Capital Partners, one of Europe’s leading mid-market private equity firms, has acquired a majority stake in Eneas Energy AS in a transaction valued at NOK 375 million.
Palamon sells OmniBus to Miranda for €36.4 million
Palamon Capital Partners, one of Europe’s leading mid market private equity firms, is pleased to announce the sale of OmniBus Systems Ltd to Miranda Technologies Inc., a Toronto Stock Exchange listed company for an all-cash consideration of €36.4 million.