M&A Deal Summary |
|
|---|---|
| Date | 2015-08-11 |
| Target | Currencies Direct |
| Sector | Financial Services |
| Buyer(s) |
Palamon Capital Partners
Corsair Capital The Blackstone Group |
| Deal Type | Buyout (LBO, MBO, MBI) |
| Deal Value | 200M GBP |
| Advisor(s) | FTP Securities LLC (FT Partners) (Financial) Field Fisher Waterhouse (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 1.4B EUR |
| Size | Large |
| Type | Sector Agnostic |
Palamon Capital Partners LP is a private equity firm that targets investments in high-growth service-oriented businesses throughout Europe. Palamon specifically looks for companies operating in business services, financial services, media and communications, leisure and entertainment, information technology, and healthcare. The Firm's target investment size is €30 to €100 million. Funds are generally used to support development needs, however, Palamon will also consider investing in early-stage businesses, recapitalizations, deleveraging transactions, turnarounds, and buyouts. Palamon Capital Partners LP was formed in 1999 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 38 |
| Sector (Financial Services) | 5 of 5 |
| Type (Buyout (LBO, MBO, MBI)) | 17 of 19 |
| Country (United Kingdom) | 15 of 17 |
| Year (2015) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-17 |
Il Bisonte Industriale S.r.l.
Pontassieve, Italy Il Bisonte Industriale S.r.l. is a manufacturer of hand-crafted luxury leather handbags, travel bags, briefcases, wallets, belts and stationary accessories made from locally sourced fine Italian vachetta leather. Il Bisonte Industriale S.r.l. was founded in 1970 and is based in Pontassieve, Italy. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-09 |
The Rug Company
London, United Kingdom The Rug Company is a designer and producer of handmade luxury contemporary rugs with an established international sales presence through 10 own showrooms and a number of franchisees and concessions worldwide. Rug was established in 1997 and is based in London, United Kingdom. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| Size | Large |
| Type | Sector Focused |
Corsair Capital is a private investment firm focused on investments in the financial services industry. Specific areas of interest include banks, insurance companies, credit card specialists, asset managers, private banks, mortgage lenders, financial technology firms, and finance companies. The Firm looks to invest between $50 to $100 million in companies with proven business models and 'meaningful' barriers to entry. Corsair will consider opportunities around the world, including the US, Europe, Latin America, and Asia. Prospective transactions include recapitalizations, growth capital financings, management buyouts, and special/distressed situations. Corsair Capital was originally established in 1992 and is based in New York City. Corsair has an additional office in London.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 26 |
| Sector (Financial Services) | 8 of 10 |
| Type (Buyout (LBO, MBO, MBI)) | 7 of 11 |
| Country (United Kingdom) | 2 of 2 |
| Year (2015) | 2 of 2 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-20 |
First Eagle Investment Management
New York, New York, United States First Eagle Investment Management is an asset management firm which manages assets on behalf of institutional and individual clients. With the core purpose of providing prudent stewardship of its clients’ assets, the Firm is focused on fundamental, flexible and benchmark-agnostic investing, including strategies which seek to provide clients with downside protection. First Eagle Investment Management was founded in 1864 and is based in New York City. |
Buy | $4.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-14 |
Repay Holdings
Atlanta, Georgia, United States Repay Holdings is a full-service provider of electronic transaction processing services for retail merchants, offering a comprehensive line of solutions that include credit and debit cards, gift cards, ACH, bank account verification, electronic bill payment, and instant funding. Repay Holdings was founded in 2006 and is based in Atlanta, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 131.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 192 of 319 |
| Sector (Financial Services) | 11 of 16 |
| Type (Buyout (LBO, MBO, MBI)) | 54 of 74 |
| Country (United Kingdom) | 16 of 26 |
| Year (2015) | 8 of 18 |
| Size (of disclosed) | 132 of 167 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-31 |
AVINTIV
Charlotte, North Carolina, United States AVINTIV, Inc. is a developer, producer, and marketer of specialty materials used in infection prevention, personal care, and high performance solutions. AVINTIV was formed in 1985 and is based in Charlotte, North Carolina. |
Sell | $2.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-12 |
SunGard Data Systems
Wayne, Pennsylvania, United States SunGard Data Systems, Inc. is a provider of software and processing solutions for the financial services industry, higher education, and the public sector in over 70 countries. SunGard also offers disaster recovery, managed IT, and information availability consulting services along with business continuity management software. |
Sell | $9.1B |
