Coller Capital wins Private Equity International award
News

Coller Capital wins Private Equity International award

Coller Capital has won Private Equity International’s European Secondaries Deal of the Year 2020 for the single-asset GP-led transaction for Action Nederland, which was backed by Coller International Partners VIII (CIP VIII) with a $222m commitment.

The company was originally held by 3i Eurofund V, a 2011 vintage fund which was due to go into liquidation in November 2019. To facilitate an exit, the company was transferred to a new vehicle capitalised jointly by existing 3i Eurofund V investors who wished to retain exposure to the company, by 3i’s own balance sheet, and by a consortium of new investors co-led by CIP VIII.

Action is a fast-growing, non-food discount retailer headquartered in the Netherlands. The company continued to grow in 2020, with 164 new stores opening in the year, including its first in the Czech Republic.

Related news & insights