M&A Deal Summary |
|
|---|---|
| Date | 2015-05-15 |
| Target | New Look Retail Group |
| Sector | Retail |
| Buyer(s) | Brait SE |
| Sellers(s) |
Apax
Advent International Permira |
| Deal Type | Secondary Buyout |
| Deal Value | 780M GBP |
| Advisor(s) | Goldman Sachs J.P. Morgan Securities (Financial) Clifford Chance (Legal) |
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Brait is an investment holding company focused on realising growth and value creation from its existing portfolio of sizeable, unlisted businesses operating in the broad consumer sector. Brait’s share are primarily listed on the Luxembourg Stock Exchange, with a secondary listing on the JSE. Brait Private Equity was founded in 1991and is located in San Gwann, Malta.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 22 |
| Sector (Retail) | 3 of 3 |
| Type (Secondary Buyout) | 3 of 3 |
| Country (United Kingdom) | 3 of 3 |
| Year (2015) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-16 |
Virgin Active
London, United Kingdom Virgin Active is an international health club operator, with clubs across four continents in eight countries (South Africa, UK, Italy, Australia, Namibia, Botswana, Thailand, and Singapore), serving over 1.2 million members worldwide. Virgin Active Ltd. was founded in 1999 and is based in London, United Kingdom. |
Buy | $1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-11 |
Primedia
Sandown, South Africa Formed in 1994, Primedia (Pty) Ltd. is a South African focused media and advertising group targeting premium consumers on the move. The company has a broad portfolio of broadcasting and out-of-home assets, covering a wide range of advertising opportunities including radio stations and in-mall media. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 60.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from €1 to €5 billion. Apax Partners was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 104 of 163 |
| Sector (Retail) | 6 of 9 |
| Type (Secondary Buyout) | 30 of 60 |
| Country (United Kingdom) | 17 of 23 |
| Year (2015) | 4 of 9 |
| Size (of disclosed) | 14 of 49 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-13 |
Shriram City
Chennai, India Shriram City is a Non-Banking Financial Company (NBFC) that was incorporated in 1986, and is a part of Shriram Group. Shriram City is providing specialized services in retail & Micro Small & Medium Enterprise (MSME) lending. Shriram City was formed in 1986 and is based in Chennai, India. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-31 |
Zap Group
Petah Tikva, Israel Zap Group is a consumer internet group that operates yellow pages and price comparison websites in the country, and several other niche websites in various areas including restaurants, wedding planning, doctors, and many others. The company has over 20 websites in total. Zap Group was formed in 1968 and is based in Petah Tikva, Israel. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 76.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 148 of 209 |
| Sector (Retail) | 11 of 16 |
| Type (Secondary Buyout) | 38 of 55 |
| Country (United Kingdom) | 20 of 26 |
| Year (2015) | 6 of 13 |
| Size (of disclosed) | 12 of 51 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-12 |
KAI Group
Bulgaria KAI Group is the largest Bulgarian manufacturer of ceramic tiles and the only manufacturer of glazed and unglazed porcelain tiles on the Balkan Peninsula. The Group was incorporated in 1997 and unites the plants Khan Asparuh – Isperih and Khan Omurtag – Shumen. The product range includes wall and floor ceramic tiles, |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-18 |
Lowell
Harlow, United Kingdom Lowell is a credit management services group. The Group’s expertise in the debt recovery segment ranges from the trust management of commercial and credit receivables through to evaluating, taking over and handling personal loans and mortgages. |
Sell | €600M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1985 |
| PE ASSETS | 75.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Permira is a mega-sized private equity firm that targets large company investments around the world. Permira invests to support acquisitions, leveraged buyouts, take-privates, turnarounds, and growth buyouts. Areas of interest include healthcare, financial services, chemicals, consumer products and services, industrial products and services, technology, media, and telecom. Permira will consider opportunities in Europe, Asia, and North America. Permira was formed in 1985 and has offices in Menlo Park, Frankfurt, Luxembourg, London, Hong Kong, Madrid, Milan, Paris, Stockholm, Tokyo, Guernsey and New York City.
| DEAL STATS | # |
|---|---|
| Overall | 53 of 89 |
| Sector (Retail) | 5 of 7 |
| Type (Secondary Buyout) | 15 of 28 |
| Country (United Kingdom) | 17 of 18 |
| Year (2015) | 3 of 4 |
| Size (of disclosed) | 19 of 37 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-20 |
Iglo Foods Holdings
Feltham, United Kingdom Iglo Foods Holdings Ltd. is a food company. |
Sell | €2.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-18 |
Lowell
Harlow, United Kingdom Lowell is a credit management services group. The Group’s expertise in the debt recovery segment ranges from the trust management of commercial and credit receivables through to evaluating, taking over and handling personal loans and mortgages. |
Buy | €600M |
