M&A Deal Summary

Honeycombe Leisure Acquires Devonshire Pub

On March 7, 2001, Honeycombe Leisure acquired leisure company Devonshire Pub from ECI Partners for 9M GBP

Acquisition Highlights
  • This is Honeycombe Leisure’s 1st transaction in the Leisure sector.
  • This is Honeycombe Leisure’s largest (disclosed) transaction.
  • This is Honeycombe Leisure’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2001-03-07
Target Devonshire Pub
Sector Leisure
Buyer(s) Honeycombe Leisure
Sellers(s) ECI Partners
Deal Type Add-on Acquisition
Deal Value 9M GBP

Target

Devonshire Pub

Hartlepool, United Kingdom
Devonshire Pub Co. is a pub operator.

Search 193,711 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Honeycombe Leisure

Preston, United Kingdom

Category Company
Founded 1976
Sector Leisure
Employees881
DESCRIPTION

Honeycombe Leisure Plc is a provider of leisure pubs and hotels in town center bars.


DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

ECI Partners

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1976
PE ASSETS 1.7B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

ECI Partners is a private equity firm focused on the smaller middle-market company that invests in growing businesses valued up to £300m. ECI looks for UK businesses or businesses with a substantial presence in the UK. Funds are generally used to support expansion, acquisitions, management buyouts, buy-ins, turnarounds, and refinancing. Target sectors include IT services, support services, Insurance, and SME services. ECI will not invest in early-stage companies. ECI Partners was formed in 1976 and has offices in London, Manchester, and New York.


DEAL STATS #
Overall 18 of 76
Sector (Leisure) 2 of 3
Type (Add-on Acquisition) 9 of 39
Country (United Kingdom) 17 of 71
Year (2001) 2 of 2
Size (of disclosed) 33 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-09 Serviceteam

London, United Kingdom

Serviceteam Ltd. is a provider of waste management services.

Sell £67M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 WCI Consulting

Denmead, United Kingdom

WCI Consulting Ltd. is a provider of IT solutions for life science industry. WCI is to deliver world class levels of performance and compliance for leading businesses in Life Sciences.

Buy -