Overview

arrivia (formerly I.C.E.) is a global provider of technology-based B2B2C travel-based loyalty and reward solutions for organisations such as Carnival, American Express, USAA and Diamond Resorts.

The Company has developed a network business model that enables leading brands to offer loyalty programmes that provide customers with unmatched value on all travel products (e.g. cruise, hotel, resort, etc.)  arrivia also partners with leading travel suppliers to generate incremental travel bookings from members of its loyalty programmes.

arrivia employs over 2,600 staff and is headquartered in Scottsdale, Arizona with additional offices in Australia, UK, Portugal, India, Mexico, New Zealand and the Philippines.

Highlights

• Strong underlying market growth in cruise and rewards-based travel and tailwinds from increased use of loyalty programmes
• Partnered with the Founders to accelerate international growth and support strategic initiatives
• Transformative acquisition of SOR Technology, a leading provider in digital travel subscriptions
• Strategic partnership with Lateral, a travel-focused software development firm, to accelerate platform development
• Added to the senior management team with new CMO and VP of Finance roles
• Introduced Marty Cole, former Chief Executive of Accenture Technology, as Chairman, and Jorge Boone, former SVP of Partner Brands at RCI (largest brand partner) and World Travel Holdings (largest competitor) as a Board Director

Regulatory information 
This transaction involved a recommendation of 3i Corporation, a US wholly owned subsidiary of 3i Group.

Overview

Headquartered in Paris, France, Evernex maintains equipment that is critical for customers' business continuity, with full coverage of all equipment (servers, storage and network) and all OEMs. With its global presence, Evernex maintains over 220,000 IT systems and is the clear leader in Europe, Latin America and MEA. 

Evernex acts as a single point of contact to address complex issues for its customers, combining strong technological capabilities with the ability to ensure quality of service anywhere across the globe. Today, Evernex is a leading consolidation platform benefitting from a fragmented and highly resilient market.

Highlights

• Secured European leadership through the acquisition of Technogroup (market leader in DACH)
• Complemented strong foothold in MEA with the acquisition of Storex (market leader in South Africa)
• Clear digitalisation roadmap to further enhance Evernex's tech-enabled proposition
• Strong governance with the appointment of two industry leaders as Non-Executive Directors: O. Delrieu (Trescal) and O. Depuymorin (Arkadin)
• Several Active Partnership levers launched to build a One Evernex: pricing, salesforce effectiveness, finance reorganisation

Regulatory information 
This transaction involved a recommendation of 3i Investments plc, advised by 3i France.

Overview

Formel D is a leading global service provider to the automotive and component supply industry, offering quality assurance and process optimisation along the entire value chain - from development to production through to aftersales.

The company offers a wide range of testing and inspection services for individual parts, systems and vehicles to major OEMs and suppliers. Formel D was founded in 1993 and has over 9,000 employees at 80 facilities in 22 countries worldwide.

Highlights

• Pursue attractive international growth opportunities both organically and by acquisitions
• Up- and cross-sell the service portfolio to customers internationally
• Partnered with management to expand higher “value-add” service offering
• Introduced CITIC Capital as investment partner with a broad network in China
• Introduced Ralph Heck as Chairman via our Business Leaders Network

Regulatory information 
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.

Overview

JMJ Associates is a US-headquartered, leading, global safety training and consulting firm with a focus on supporting multinational companies with complex capital programmes and operations. The business works with clients to significantly enhance their workplace safety and their project and organisational team performance through behavioural and cultural transformation.

JMJ has a substantial international presence and future growth will come from its strong underlying end-markets, the increasing complexity and size of major capital projects, rising global spending on workplace safety and continued growth in the utilisation of external expertise in safety and project execution services.

Highlights

• Via our Business Leaders Network we introduced Pete Regan, who has unique experience in consulting and safety businesses, as Chairman
• Moved to a full partnership structure in 2015
• Using our international network to identify and support further growth opportunities

Regulatory information 
This transaction involved a recommendation of 3i Corporation, a US wholly owned subsidiary of 3i Group.

Overview

Magnitude's mission is to help companies turn their core business data into continuous intelligence, providing actionable insights to shorten the path from data to decision. It enables its customers to connect data across enterprise applications and business processes including supply chain, finance, manufacturing and distribution. 1,300 enterprises around the world trust Magnitude to put the power of their data into the hands of their business users. 

The company has a portfolio of best-in-class products to integrate fragmented data and deliver actionable insights for critical business decisions, including:

• Magnitude Angles: A process analytics suite that provides business reporting and analytics from SAP and Oracle ERP data that shorten the path from data to decision, giving business users the power to act swiftly and decisively across supply chain, finance, manufacturing and distribution
• Magnitude Process Runner: A process automation tool that lets knowledge workers manage SAP data and automate complex data transactions directly from Microsoft Excel, improving productivity and reducing human error
• Magnitude SourceConnect: A data integration solution to help businesses migrate to SAP's Central Finance Foundation platform by providing transaction replication and master data harmonisation from 15 third-party ERP platforms
• Magnitude Simba: A data connectivity platform that allows enterprises and software vendors to access data from sources including leading SaaS applications, big data platforms, payment processing systems and cloud data warehouses 

We invested in Magnitude in 2019 and look to accelerate its global growth ambitions through new product development, investments in sales & marketing, and additional M&A. 

Highlights

• Headquartered in Texas with global operations in the US, Canada, the Netherlands, UK and India
• Growth tailwinds in data analytics and management sector, driven by need for enterprises to become "data-driven" to speed insights and decision-making 
• Focus on innovation and new product development, with a number of recent new product launches
• Refreshed brand identity and digital presence, enhanced go-to-market capabilities and new executives driving organic growth and increased pace of innovation

Regulatory information 
This transaction involved a recommendation of 3i Corporation, a US wholly owned subsidiary of 3i Group.

Overview

MAIT Group is a leading provider of innovative and pioneering digital solutions in the DACH region.  Headquartered in Rottweil, Germany, MAIT focuses on software and hardware in product lifecycle management (“PLM”), enterprise resource planning (“ERP”) and IT services generating approx. €120m in sales per annum.

The business develops and implements solutions in close cooperation with their over 5,300 SME customers. As a value-added reseller, MAIT uses the most innovative technologies from market-leading PLM, ERP and IT providers such as Siemens, PTC, SAP-PLM, abas, Comarch, HP and Fujitsu.

Highlights

• Differentiates itself by looking at digitisation in a holistic way and developing tailored solutions in partnership with its customers.
• High level of recurring revenues driven by multi-year maintenance and IT infrastructure contracts.
• Operates in an attractive market which is expected to continue to grow considerably; medium-sized companies in particular are investing significantly in digital transformation in order to make their processes more efficient and effective.
• Demand for PLM, ERP and IT is expected to grow by around 8% annually in the coming years, driven by megatrends such as IoT and Industry 4.0.
• Kamy Niroumand, former Chief Sales Officer at T-Systems and current Chairman of HR management software provider P&I, will join the Advisory Board as Chairman.
• Strong M&A track record and further consolidation opportunities in a fragmented market.

Regulatory information 
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.

Overview

Wilson Human Capital Group (“WilsonHCG”) is an award-winning global leader in talent solutions. Headquartered in Tampa, Florida, WilsonHCG is a global business with offices throughout North America, Europe and Asia and has operated as a strategic partner to some of the world’s most admired brands in helping them plan and execute on talent acquisition globally. The Company provides a full suite of configurable talent solutions including recruitment process outsourcing (“RPO”), executive search, contingent talent solutions and talent consulting.

WilsonHCG is widely known for its high-performance culture including its core values of collaboration, ownership, integrity, passion and communication. As a result, the Company is recognised as a leader by various industry trade associations such as HRO Today, Everest Group, NelsonHall and SIA and has also won a Gold Stevie Award and the Best Onsite RPO award in recent years.

Highlights

• Double-digit historic annual growth within its RPO sector, WilsonHCG’s core area of focus.
• The RPO market is expected to benefit following the Covid-19 pandemic as companies increasingly value the superior outcomes, flexibility and efficiency that RPO providers such as WilsonHCG provide their clients.
• WilsonHCG is a strong fit within 3i’s investment strategy, with a focus on high quality outsourced services, an increasingly international business, especially across Europe and Asia, and a strong management team.