M&A Deal Summary |
|
|---|---|
| Date | 2018-07-02 |
| Target | Martin Audio |
| Sector | Electronics |
| Buyer(s) | Lloyds TSB Development Capital |
| Sellers(s) | Mackie |
| Deal Type | Divestiture |
| Deal Value | 12M GBP |
| Advisor(s) | Cattaneo Corporate Finance (Financial) Womble Bond Dickinson LLP (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 2.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
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 | 212 of 293 |
| Sector (Electronics) | 4 of 4 |
| Type (Divestiture) | 19 of 24 |
| Country (United Kingdom) | 204 of 283 |
| Year (2018) | 9 of 15 |
| Size (of disclosed) | 58 of 69 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-29 |
Linley & Simpson
Horsforth, United Kingdom Linley & Simpson is a residential lettings and sales agency. Linley & Simpson has 11 regional branches, manages a portfolio of more than 5,800 properties. Linley & Simpson was founded in 1997 and is based in Horsforth, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-04 |
TPN
Sutton Coldfield, United Kingdom TPN is a palletised freight distribution network. Each of the Partner companies collects and delivers freight within their allocated postcode areas. This means that pallets can be collected from all over the country, taken to the most appropriate of our three Hubs, and cross docked to their destination vehicle. TPN was founded in 2000 and is based in Sutton Coldfield, United Kingdom. |
Sell | £53M |
Mackie engineers, markets and distributes a wide range of professional audio and musical instrument products worldwide. Its product lines include sound reinforcement systems, analog, and digital mixers, studio products, and bass amplifiers. Loud Audio is the parent for world-recognized brands Ampeg, EAW, Mackie, and Martin Audio. Mackie was founded in 1988 and is based in Bothell, Washington.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Electronics) | 1 of 1 |
| Type (Divestiture) | 1 of 2 |
| Country (United Kingdom) | 1 of 1 |
| Year (2018) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-15 |
Martin Audio
High Wycombe, United Kingdom Martin Audio Ltd. is a designer, manufacturer and distributor of loud-speaker systems for the touring and installed markets (such as theatres, stadia, cinemas, bars, and nightclubs) on a worldwide basis. Martin Audio Ltd. was founded in 1971 and is based in High Wycombe, United Kingdom. |
Buy | £17M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-02 |
Eastern Acoustic Works
Whitinsville, Massachusetts, United States Eastern Acoustic Works is a designer and manufacturer of a premium professional loudspeaker systems and electronics. Eastern Acoustic Works was founded in 1978 and is based in Whitinsville, Massachusetts. |
Sell | - |
