M&A Deal Summary |
|
|---|---|
| Date | 2021-03-04 |
| Target | Sohonet |
| Sector | Internet Software and Services |
| Buyer(s) | Lloyds TSB Development Capital |
| Sellers(s) | FPE Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | Raymond James - Investment Banking RSM EquiCo Capital Markets LLC (Financial) Goodwin Procter (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 2.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Lloyds TSB Development Capital Ltd (LDC) is the private equity arm of Lloyds Banking Group Plc and invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. Lloyds TSB Development Capital Ltd was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 256 of 293 |
| Sector (Internet Software and Services) | 12 of 17 |
| Type (Secondary Buyout) | 52 of 56 |
| Country (United Kingdom) | 248 of 283 |
| Year (2021) | 5 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-01 |
ChargePoint
Liverpool, United Kingdom ChargePoint is a supplier of containment valves and integrated material handling equipment for the pharmaceutical, chemical, food, and other process-based industries. ChargePoint Technology was formed in 2009 and is based in Liverpool, England. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-10 |
Lucid Group
London, United Kingdom Lucid Group is an international multi-capability healthcare communications group that provides medical education and communication, strategic consultancy, and digital services to its clients through an integrated group of specialist agencies. Lucid Group was formed in 2007 and is based in London. |
Sell | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2004 |
| Size | Small |
| Type | Sector Agnostic |
FPE Capital is the private equity investment arm of Fleming Family & Partners, a multi-family office. FF&P invests in lower middle market companies throughout the UK and Western Europe. FF&P focuses on rapidly growing companies led by experienced management, with proven track records and scalable business models. Sectors of interest include financial services, healthcare, business/support services, energy/resources and media/information. The Firm will consider buyouts (MBOs, MBIs) as well as growth capital financings. FPE Capital was formed in 2004 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 23 |
| Sector (Internet Software and Services) | 4 of 4 |
| Type (Secondary Buyout) | 11 of 11 |
| Country (United Kingdom) | 18 of 19 |
| Year (2021) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-22 |
The IWSR
London, United Kingdom The IWSR is a database service that covers the alcoholic drinks market. IWSR’s specialist analysts travel the world, visiting 120 markets annually, in order to meet over 1,600 local professionals and its data covers 157 markets in total. The IWSR was founded in 1971 and is based in London, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-09 |
Codestone
Poole, United Kingdom Codestone is a business applications software and cloud services platform. Codestone was founded in 1997 and is based in Poole, England. |
Buy | - |
