M&A Deal Summary

Compass Group Acquires Vision Security Group

On August 25, 2010, Compass Group acquired safety/security company Vision Security Group from Lloyds TSB Development Capital for 64M GBP

Acquisition Highlights
  • This is Compass Group’s 1st transaction in the Safety/Security sector.
  • This is Compass Group’s largest (disclosed) transaction.
  • This is Compass Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2010-08-25
Target Vision Security Group
Sector Safety/Security
Buyer(s) Compass Group
Sellers(s) Lloyds TSB Development Capital
Deal Type Add-on Acquisition
Deal Value 64M GBP

Target

Vision Security Group

Northampton, United Kingdom
website
VSG is one of the premier suppliers of Manned Guarding, Electronic Security and Support Services to blue chip clients across the UK.

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Buyer(S) 1

Buyer

Compass Group

Chertsey, United Kingdom

website


Category Company
Founded 1941
Sector Business Services
Employees480,000
Revenue 17.9B GBP (2021)
DESCRIPTION

Compass Group is a provider of contract foodservice and support services to its clients. It offers various foodservice solutions ranging from free-flow restaurants to formal dining, grab and go deli and café outlets to hospitality services, and vending; and a range of support services, such as cleaning, building operations and maintenance, business and office, logistics and transport, outdoor, project management, and security. Compass Group was incorporated in 1941 and is headquartered in Chertsey, the United Kingdom.


DEAL STATS #
Overall 2 of 3
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (United Kingdom) 1 of 2
Year (2010) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-01 SSP Group

London, United Kingdom

SSP Group offers food services for the travel sector worldwide. SSP Group was founded in 2006 and is based in London, the United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-24 Trinity Services Group

Oldsmar, Florida, United States

Trinity Services Group provides outsourced food and commissary services to more than 200,000 inmates at over 300 correctional facilities across 33 states (including Puerto Rico and the US Virgin Islands). By utilizing its procurement, distribution and human resource expertise, the Company delivers meals to correctional facilities for less than they could on their own.

Sell -

Seller(S) 1

SELLER

Lloyds TSB Development Capital

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1981
PE ASSETS 2.0B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

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 29 of 188
Sector (Safety/Security) 3 of 7
Type (Add-on Acquisition) 12 of 90
Country (United Kingdom) 27 of 182
Year (2010) 4 of 8
Size (of disclosed) 32 of 61
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-13 Mountain Warehouse

London, United Kingdom

Mountain Warehouse operates retail stores that offer outdoor clothing, footwear, and accessories for men, women, and kids. Mountain Warehouse was founded in 1997 and is based in London, United Kingdom.

Buy £50M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-01 Easynet

London, United Kingdom

Easynet Ltd. is a telecommunications business that designs and manages data networks for large businesses as well as providing managed hosting and video conferencing solutions around the globe.

Buy £100M