Investment Summary

Exits SpiriTel

On November 18, 2010, invested in communications company SpiriTel from Penta Capital for 27M GBP

Investment Highlights
  • This is transaction in the Communications sector.
  • This is largest (disclosed) transaction.
  • This is transaction in the United Kingdom.

Investment Summary

Date 2010-11-18
Target SpiriTel
Sector Communications
Sellers(s) Penta Capital
Deal Type Trade Sale
Deal Value 27M GBP

Target

SpiriTel

London, United Kingdom
website
SpiriTel Plc provides services to telecom carriers, initially in the high value area of land to mobile termination (calls from land lines to mobile networks).

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Seller(S) 1

SELLER

Penta Capital

London, United Kingdom

Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 300M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Penta Capital is a mid-market private equity firm that concentrates on later-stage investment opportunities throughout the UK and Ireland. Penta looks to invest between £5 and £200 million. Sectors of interest include leisure, consumer products/services, and business services. The Firm generally looks to support growth capital needs, as well as management buyouts/buy-ins. Penta Capital was formed in 1999 and maintains offices in London and Glasgow.


DEAL STATS #
Overall 5 of 13
Sector (Communications) 1 of 2
Type (Trade Sale) 4 of 5
Country (United Kingdom) 4 of 12
Year (2010) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-01 esure

Reigate, United Kingdom

esure is a motor insurer offering car, home, pet and travel insurance over the internet and by phone through the esure and Sheilas’ Wheels brands. esure was formed in 2000 and is based Reigate, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-16 Geronimo Group

London, United Kingdom

Geronimo Group Ltd. operates quality food led pubs within the M25. Geronimo pubs offer great food and an eclectic selection of beers and wines in pubs where relaxed informality is the emphasis.

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