|Phone||+1 (212) 338-0235|
|Description||CoBe Capital, LLC|
CoBe Capital, a global private investment firm with a permanent capital base, specializes in the acquisition and operation of non-core and underperforming business units in the Americas and Europe from leading global corporations.
• Established by Neal Cohen in 1994 • Private global investment firm with permanent capital • Focus on acquisition and operation of non-core corporate divestitures • Acquisition strategy is agnostic to industry sector • Owns and operates a diversified portfolio of companies in North American and Europe • Offices in New York City, Paris and Cologne • Strong track record of successful turnarounds
• Bourrelier Éducation (France) - acquired from Lagardére Group’s (Euronext: MMB) Hachette Livre • Bus Part Warehouse (USA) - acquired from HSBC Holdings plc (LON: HSBA) • Sendori (USA) - acquired from IAC/InterActiveCorp (NASDAQ: IACI) • Stark Manufacturing (USA) - acquired from Dover Industries (NYSE: DOV) • Warendorfer Küchen GmbH (Germany) - agreement signed with AFG Arbonia-Forster-Holding AG (SIX: AFGN)
• Divestiture by a leading global corporation • Sales decision based on the strategic decision that the business is non-core • Revenue of $500 million or less • Primary operations in the Americas or Europe • Excess cost, capacity or underperformance • Opportunity to add value