M&A Deal Summary

Capita Acquires avocis AG

On February 5, 2015, Capita acquired business services company avocis AG from Equistone Partners Europe Limited for 210M EUR

Acquisition Highlights
  • This is Capita’s 9th transaction in the Business Services sector.
  • This is Capita’s largest (disclosed) transaction.
  • This is Capita’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2015-02-05
Target avocis AG
Sector Business Services
Buyer(s) Capita
Sellers(s) Equistone Partners Europe Limited
Deal Type Add-on Acquisition
Deal Value 210M EUR

Target

avocis AG

Tagerwilen, Switzerland
website
avocis offers multilingual services in the areas of technical support, user helpdesks, outbound and inbound services and services for SMEs.

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Buyer(S) 1

Buyer

Capita

London, United Kingdom

website

Category Company
Founded 1984
Sector Business Services
Employees52,000
Revenue 3.2B GBP (2021)
DESCRIPTION

Capita is a global provider of business process outsourcing solutions. Capita was formed in 1984 and is based in London. Capita was incorporated in 1984 and is headquartered in London, the United Kingdom.

DEAL STATS #
Overall 56 of 61
Sector (Business Services) 9 of 10
Type (Add-on Acquisition) 52 of 56
Country (Switzerland) 1 of 1
Year (2015) 2 of 3
Size (of disclosed) 1 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Atlas

London, United Kingdom

Atlas is a professionally run pension scheme that is authorized and supervised by The Pensions Regulator. Atlas is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-10 National Dental Plan

London, United Kingdom

National Dental Plan Ltd. is a provider of financial protection benefits and services in the U.S. and U.K.

Sell $50M

Seller(S) 1

SELLER

Equistone Partners Europe Limited

London, United Kingdom

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1997
PE ASSETS 9.6B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Equistone Partners Europe Ltd is a private equity firm that invests in small to mid-sized companies with valued from €50 to €500 million. Equistone targets companies operating in the fields of services, healthcare, financial services, and consumer/travel. The Firm looks to invest €25 to €200 million in a variety of transactions, including buyouts, growth capital financings, and recapitalizations. Equistone Partners Europe Ltd. (formerly Barclays Private Equity Ltd) was formed in 1997 and is based in London.

DEAL STATS #
Overall 125 of 191
Sector (Business Services) 17 of 25
Type (Add-on Acquisition) 40 of 66
Country (Switzerland) 3 of 6
Year (2015) 2 of 13
Size (of disclosed) 24 of 58
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 POLO

Jüchen, Germany

POLO is a multi-channel retailer of motorcycle clothing, accessories and equipment. The company has a wide range of own-brand products developed by its in-house design and development team. These include the brands FLM and Pharao. POLO also sells well-known third-party brands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-09 Averys

94, Boulevard du Montparnasse, France

Averys is a European manufacturer of customised racking and storage solutions for warehouses. Averys is a European group with 1,700 employees and is involved in the conception, production and installation of storage systems: racks, warehouse automation and metallic furniture.

Buy -
Mergr

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