Multiply Group Acquires Majority Stake in Tendam (via Castellano Investments)
February 25, 2025
Multiply Group PJSC agreed to invest via a capital increase to secure a controlling 67.91% stake in Castellano Investments S.À R.L., the owner of Tendam Brands S.A.U and other Tendam subsidiaries. The acquisition positions Tendam as an anchor platform for Multiply’s Retail & Apparel vertical and is expected to double Multiply’s operational EBITDA post-consolidation.
- Buyers
- Multiply Group PJSC, Llano Holdings S.À R.L.
- Targets
- Tendam, Castellano Investments S.À R.L., Tendam Brands S.A.U
- Platforms
- Multiply Group PJSC
- Industry
- Retail
- Location
- Spain
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Cartesian Capital Group Makes Minority Growth Investment in Tiendamia.com
January 24, 2022
E-Commerce
Miami-based cross-border eCommerce and transportech platform Tiendamia.com has received a minority growth investment from global private equity firm Cartesian Capital Group to accelerate its expansion across Latin America and into new regions including the Middle East and Africa. Cartesian partners will join Tiendamia's board and the capital will be used to scale operations, develop new verticals, and expand the company's fulfillment, logistics, and payments capabilities.
-
Trendy Group Acquires Majority Stake in Denham the Jeanmaker
January 22, 2022
Retail
Trendy (China) Group Co., Ltd. has acquired the majority equity interest in Denham Group B.V., purchasing the shares held by Amlon Capital B.V. Jason Denham remains a shareholder and will continue as Chief Creative Officer; Trendy Group intends to grow the Denham brand — particularly in China and other international markets.
-
Tendit Group Acquires Denver-based CAM Services
July 19, 2023
Environmental Services
The Tendit Group has acquired Denver-based CAM Services, a provider of exterior facility maintenance including snow removal, power sweeping, power washing, fencing and electrical services. The deal expands Tendit Group's service capabilities and local footprint in Colorado as part of a buy-and-build strategy supported by investor Osceola Capital.
-
Capital A Investment Partners Invests in ODMedia
February 14, 2023
Media & Entertainment
Capital A Investment Partners has acquired a minority stake in ODMedia to support the company's buy-and-build strategy and international consolidation across the EMEA region. ODMedia — a Netherlands-based digital media, localization and content aggregation provider — will retain existing shareholders Sjef Pijnenburg and William Linders while onboarding Jeroen Tielens and Emma Geelen as new shareholders.
-
Macquarie Asset Management to Acquire Remaining 50% Stake in TDC Group
May 9, 2025
Telecommunications
Macquarie Asset Management (MAM) has agreed to acquire an additional 50% stake in TDC Group from PFA, PKA and ATP, which will result in Macquarie managing 100% of the capital in TDC Group. The move secures full ownership to continue investments in Denmark’s digital infrastructure—completing fibre rollout, accelerating 5G coverage and furthering IT/cloud transformation and sustainability initiatives across TDC NET and Nuuday.
-
Masdar Acquires 70% of TERNA ENERGY
November 28, 2024
Renewable Energy
Abu Dhabi Future Energy Company PJSC (Masdar) has completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA from GEK TERNA SA and other shareholders at €20 per share, valuing TERNA ENERGY at an enterprise value of €3.2 billion. Masdar will seek regulatory approval to launch an all-cash mandatory tender offer for the remaining shares and plans to scale TERNA ENERGY's renewable capacity to 6 GW by 2029 as part of a broader push to expand its European platform.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.