AURELIUS Group wins “2021 Best European Turnaround Investor” Silver Award
Munich/London, December 7, 2021 – AURELIUS Group has won this year’s Best European Turnaround Investor silver award at the Private Equity Exchange & Awards 2021 for the second year in a row. The prestigious prize was awarded by the Paris-based international rating agency, Leaders League. The awards convened a judging panel composed of 80 high-profile LP and specialised banking experts from across the globe. Organisations were meticulously judged on the following criteria: track record over the last 10 years; performance over the last 3 years; return on investment; internal return rate; and exit performance.
Accomplishment of this award is largely attributable to its turnaround successes of recent acquisitions such as Zentia, Moovero and Rivus Fleet Solutions. The award was also supported by the introduction of AURELIUS’s new Mid-Market fund launched earlier in the year with a view to adding over EUR 500 million of firepower for European deals. This has transformed the Group’s strategy to broaden the number of opportunities across the Mid-Market, thereby strengthening AURELIUS’s position the leading pan-European private equity manager and investor of choice for corporate carve-outs. Since the fund’s final close, AURELIUS signed its biggest deal in the company’s history after agreeing to acquire McKesson UK for an enterprise value of GBP477 million under a co-investment structure between the fund and the listed vehicle, AURELIUS Equity Opportunities SE & Co. KGaA. Additionally, AURELIUS also completed further co-investment acquisitions of Panasonic Consumer Energy (rebranded to Advanced Power Solutions) and SSE Contracting (rebranded to Enerveo).
Over the past year, AURELIUS successfully completed an exit of Office Depot Europe following extensive realignment and a string of complex transactions to assure the future prosperity of each division. AURELIUS was also pleased to have sold its longest standing portfolio companies GHotel in 2020 for a consideration of EUR 63 million after transforming the business from a struggling hotel chain into a thriving 3 to 4-star hotel chain catering to business travellers.
Matthias Täubl, CEO of AURELIUS Equity Opportunities, commented: “We are really pleased to have been awarded amongst the Best European Turnaround Investors for the second year running. This award is testament to the hard work and dedication that our wider Group has devoted over the past year. The introduction of the new co-investment strategy alongside the fund, formidable operational improvement performance and ability to execute highly profitable exits in testing market conditions is reflective AURELIUS’ strength and resilience in delivering significant growth and return in the corporate carve-out market.”