M&A Deal Summary

General Atlantic and HgCapital Acquires Argus Media

On May 23, 2016, growth capital firm General Atlantic and private equity firm HgCapital acquired publishing company Argus Media Ltd.

Acquisition Highlights
  • This is General Atlantic’s 2nd and HgCapital’s 2nd transaction in the Publishing sector.
  • This is General Atlantic’s 11th and HgCapital’s 48th transaction in the United Kingdom.

M&A Deal Summary

Date 2016-05-23
Target Argus Media Ltd.
Sector Publishing
Buyer(s) General Atlantic
HgCapital
Deal Type Buyout (LBO, MBO, MBI)

Target

Argus Media Ltd.

London, United Kingdom
website
Argus Media Ltd. is a provider of data on prices and fundamentals, news, analysis, consultancy services and conferences for the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer, petrochemical, metals and transportation industries. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends.

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Buyer(S) 2

Buyer

General Atlantic

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor

website


Category Growth Capital Firm
Founded 1980
PE ASSETS 28.0B EUR
SizeMega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest €40 to €400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 147 of 205
Sector (Publishing) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 14 of 14
Country (United Kingdom) 11 of 14
Year (2016) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-15 Privalia Venta Directa S.L.

Barcelona, Spain

Privalia Venta Directa S.L. is an online marketplace for clothes and other accessories. Privalia Venta Directa was established in 2006 and is headquartered in Barcelona, Spain.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-29 Insurity, Inc.

Hartford, Connecticut, United States

Insurity provides innovative and flexible insurance technology that allows clients to meet their business goals and offer a simplified experience. With the market's most advanced cloud operations, Insurity's platform offers scalable, highly secure and reliable solutions that increase speed to value. Insurity was founded in 1971 and is based in Hartford, Connecticut.

Buy -
Buyer

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2000
PE ASSETS 9.0B GBP
SizeMega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.


DEAL STATS #
Overall 89 of 122
Sector (Publishing) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 22 of 25
Country (United Kingdom) 48 of 53
Year (2016) 7 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-10 STP Informationstechnologie AG

Karlsruhe, Germany

STP is a one-stop-shop solution provider, empowering the digitization of insolvency and legal practitioners. It provides a fully integrated legal tech platform comprising workflow automation, ERP software, specialist technical outsourcing, and data businesses. STP’s solutions are deeply embedded in the insolvency ecosystem and commercial law segment, with a dedicated full-suite offering. STP was formed in 1993 and is based in Karlsruhe, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-16 Mainio Vire Oy

Helsinki, Finland

Mainio Vire Oy is a provider of elderly care, mental health and home services in Finland. ainio Vire was one of the first private social care companies in Finland and it has grown rapidly via a combination of opening new care homes and selected small acquisitions to become one of the largest social care companies in Finland today. The company operates close to 50 care homes with almost 1,600 beds in over 50 municipalities. The company has approximately 1,000 employees, the significant majority of which have formal social or healthcare education.

Sell -