M&A Deal Summary

Mayfair Equity Partners Acquires OVO Energy

On April 1, 2015, private equity firm Mayfair Equity Partners acquired utilities company OVO Energy

Acquisition Highlights
  • This is Mayfair Equity Partners’ 1st transaction in the Utilities sector.
  • This is Mayfair Equity Partners’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2015-04-01
Target OVO Energy
Sector Utilities
Buyer(s) Mayfair Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

OVO Energy

Bristol, United Kingdom
website
Ovo is one of the UK’s major independent suppliers of domestic energy. Founded in 2009, it competes as a fast growth challenger to the “Big Six” UK domestic energy suppliers. Technology leadership is central to Ovo’s service proposition, enabling it to provide its customers with high levels of service at a lower cost-to-serve versus many other suppliers. It also benefits from a strong and trusted brand.

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Buyer(S) 1

DESCRIPTION

Mayfair Equity Partners is a private equity firm focused on buyout and growth capital investments in the technology, media, communications, and consumer sectors. Mayfair was formed in 2014 and is headquartered in London.


DEAL STATS #
Overall 2 of 17
Sector (Utilities) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 5
Country (United Kingdom) 2 of 13
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-29 FOX International Group

Hainault, United Kingdom

FOX International Group Ltd. is the largest privately-owned fishing tackle company in Europe, selling over 3,000 products in more than 30 countries. FOX International focuses on product leadership and innovation in the supply of fishing equipment for anglers globally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 Hotels and More

Harrow, United Kingdom

Hotels and More Ltd. is a major inbound tour operator for group tours and Frequent Individual Travellers (“FIT”), which are sold through a network of European business partners. Specialising in the UK and Ireland, it provides a turnkey solution for its partners including accommodation, coach hire, ferry crossings, tour guides and entry to tourist attractions.

Buy -