Primary Capital Partners Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, Primary Capital Partners has acquired 6 companies.

Primary Capital Partners’ most common sectors for investment are business services (13%) and retail (13%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (69%) and divestiture (13%). In total, Primary Capital Partners has invested in 2 different countries. Its largest (disclosed) acquisition occurred in 2017 when it acquired Metamark for $95M.

In the last 3 years, Primary Capital Partners has exited 4 companies. The Firm’s most common exit type is trade sale (62%). Primary Capital Partners’ largest (disclosed) exit occurred in 2005 when it sold The Works Stores for $78M.

Join Mergr to view Primary Capital Partners’ full profile and discover more large private equity firms just like it.

M&A Summary

  • M&A Total Activity53
    • M&A Buy Activity32
    • M&A Sell Activity21
  • Total Sectors Invested 21
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 17
  • M&A Advisors 5

Primary Capital Partners LLP

Augustine House, Austin Friars,
London, EC2N 2HA
United Kingdom
+44 (0) 20 7920 4800
www.primaryeurope.com
primary@primaryeurope.com

Primary Capital Partners LLP is a private equity firm focused on management buyouts and buy-ins of mid-market companies with an enterprise value of £20 - £100 million. Primary looks for opportunities across Europe but concentrates primarily on businesses located in the UK and Germany. The Firm looks to invest £10 to £44 million of equity or equity-related capital per transaction. Target sectors include consumer products/services, business & support services, financial services, IT services, software, and industrial products/services. Primary was formed in 1997 and is based in London.


Investment Criteria

Sectors of Interest: Agriculture, Automotive, Business Services, Communications, Consumer Products, Consumer Services, Distribution, Education, Electrical Equipment, Energy Services and Equipment, Engineering, Financial Services, Food, Healthcare Services, Information Technology, Internet Software and Services, Leisure, Machinery, Restaurants, Retail, Safety/Security, Software, Staffing, Test/Measurement Equipment, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Growth Capital, Secondary Buyout

Geographic Preferences: United Kingdom, Western Europe

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 10 44
Enterprise Value 20 100
values in millions of GBP

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (1.4/yr) # 25 1 2 2 2 - 32
vol $450M $95M $46M $591M
Sell (1.2/yr) # 15 2 1 1 2 - 21
vol $232M $232M
  53

Most Recent M&A

Company Date Value Type
MS Industrial Services Ltd. (MSIS) 2019-09-06 - Add-on Acquisition
Invergordon, United Kingdom · www.msisgroup.com
Foster + Freeman Ltd. 2019-08-01 - Buyout (LBO, MBO, MBI)
Worcestershire, United Kingdom · www.fosterfreeman.com
Paperchase Products Ltd. 2019-03-01 - Unknown
London, United Kingdom · www.paperchase.com
Automated Systems Group Ltd. 2019-01-01 - Secondary Buyout
Cambridge, United Kingdom · www.asl-group.co.uk
Esteem Systems Ltd. 2018-10-09 - Add-on Acquisition
Wetherby, United Kingdom · www.esteem.co.uk
VJ Technology 2018-06-26 46M GBP Divestiture
Kent, United Kingdom · www.vjtechnology.com
ICS Learn 2018-05-01 - Buyout (LBO, MBO, MBI)
Glasgow, United Kingdom · www.icslearn.co.uk
Metamark (UK) Ltd. 2017-05-26 95M GBP Buyout (LBO, MBO, MBI)
Lancaster, United Kingdom · www.metamark.co.uk
Thompson & Morgan (UK) Ltd. 2017-03-01 - Add-on Acquisition
Ipswich, United Kingdom · www.thompson-morgan.com
Readypower Engineering Ltd. 2017-02-01 - Buyout (LBO, MBO, MBI)
Berkshire, United Kingdom · www.readypower.co.uk
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Metamark (UK) Ltd. 2017-05-26 Trimwel Ltd. 2018-05-09 1
Lancaster, United Kingdom · www.metamark.co.uk Dublin, Ireland · www.trimwel.ie
Readypower Engineering Ltd. 2017-02-01 Terrawise Construction Ltd. 2017-12-05 1
Berkshire, United Kingdom · www.readypower.co.uk Cheshire, United Kingdom · www.terrawise-construction.co.uk

M&A by Sector

Sector Current # Value All-time # Value
Business Services 4 (50%) 95M (68%) 4 (13%) 95M (16%)
Retail - - 4 (13%) 72M (12%)
Restaurants - - 3 (9%) 15M (3%)
Software - - 2 (6%) 85M (14%)
Leisure - - 2 (6%) 54M (9%)
Food - - 2 (6%) 46M (8%)
Distribution 1 (13%) 46M (32%) 1 (3%) 46M (8%)
Machinery - - 1 (3%) 40M (7%)
Consumer Products - - 1 (3%) 38M (7%)
Environmental - - 1 (3%) 31M (5%)
Test/Measurement Equipment - - 1 (3%) 31M (5%)
Engineering - - 1 (3%) 16M (3%)
Safety/Security - - 1 (3%) 15M (3%)
Communications - - 1 (3%) 6M (1%)
Education 1 (13%) - 1 (3%) -
Electrical Equipment - - 1 (3%) -
Information Technology - - 1 (3%) -
Internet Software and Services - - 1 (3%) -
Staffing 1 (13%) - 1 (3%) -
Technology Hardware 1 (13%) - 1 (3%) -
Transportation - - 1 (3%) -
Total 8 $141M 32 $591M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United Kingdom 8 (100%) 141M (100%) 30 (94%) 398M (96%)
Germany - - 2 (6%) 16M (4%)
Domestic 8 (100%) 141M (100%) 30 (94%) 398M (96%)
Cross-border - - 2 (6%) 16M (4%)
Total 8 $141M 32 $414M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 5 (63%) 95M (68%) 22 (69%) 368M (64%)
Divestiture 1 (13%) 46M (32%) 4 (13%) 123M (21%)
Secondary Buyout 1 (13%) - 3 (9%) 85M (15%)
Growth Capital 1 (13%) - 3 (9%) -
Total 8 $141M 32 $576M

Exits by Deal Type

Type Total # Value
Trade Sale 9 (43%) -
Secondary Sale 6 (29%) 189M (81%)
Trade Sale - Public Company 4 (19%) 43M (19%)
Sold to Management 1 (5%) -
Unknown 1 (5%) -
Total 21 $232M

Top M&A Advisors

Financial Deals
Canaccord Genuity Corp.
1
Deloitte
1
Wyvern Partners Ltd.
1
Legal Deals
Eversheds LLP
1
Olswang LLP
1

Deal Values

buy # Total
< $100M 16 $591M
TOTAL $591M
Largest Metamark (UK) Ltd.
$95M (2017-05-26)
sell # Total
< $100M 4 $232M
TOTAL $232M
Largest The Works Stores Ltd.
$78M (2005-04-01)

M&A Connections

Deals %
Acquired from
PE Firm(s)
43%
3 43%
Strategic(s)
57%
4 57%
Exited to
PE Firm(s)
32%
6 32%
Strategic(s)
68%
13 68%

 Subscribe to unlock this and 155,820
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.0K Private Equity Firms
  • 144K M&A Transactions
  • 152K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 45K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.