M&A Deal Summary

Synova Acquires Oakland Care

On July 21, 2016, private equity firm Synova acquired consumer services company Oakland Care for 30M GBP

Acquisition Highlights
  • This is Synova’s 1st transaction in the Consumer Services sector.
  • This is Synova’s 0th largest (disclosed) transaction.
  • This is Synova’s 16th transaction in the United Kingdom.

M&A Deal Summary
Date 2016-07-21
Target Oakland Care
Sector Consumer Services
Buyer(s) Synova
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 30M GBP

Target

Oakland Care

London, United Kingdom
website
Oakland Care is a provider of premium private-pay elderly care focused on the South East of England. Each home offers superior amenities, ample and varied day space, attractive landscaping, and generous room sizes, with a focus on providing market-leading care in a friendly and welcoming environment. Oakland Care is based in London, England.

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Buyer(S) 1

Buyer

Synova

London, United Kingdom

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2007
PE ASSETS 1.7B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Synova is an independent private equity firm that invests in mid-market companies throughout the UK. Prospective companies generally possess stable cash flows, strong competitive positions and are led by experienced management teams. Synova looks to invest £15 to £150 million in transactions valued up £250 million. Synova will also consider co-investment situations. The Firm targets companies operating in the consumer products, financial services, leisure, healthcare, education business services, and IT sectors. Funds are generally used to support buyouts and growth capital needs. Synova was formed in 2007 and is based in London.

DEAL STATS #
Overall 18 of 35
Sector (Consumer Services) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 11 of 18
Country (United Kingdom) 16 of 31
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-25 Fairstone Group

Tyne and Wear, United Kingdom

Fairstone Group is an independent financial adviser consolidation platform. Fairstone utilises a proprietary technology platform to streamline front and back office functions, underpinned by a robust compliance and regulatory framework. Fairstone Group was established in 2008 and is based in Tyne and Wear, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Learnlight

Madrid, Spain

Learnlight is an EdTech company that provides language and skills training. The Company has developed a learning platform to deliver blended virtual, face-to-face, and digital training programs to employees of regional and global businesses. Learnlight is based in Madrid, Spain.

Buy -
Mergr

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Company

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