M&A Deal Summary |
|
|---|---|
| Date | 2014-09-08 |
| Target | Keepmoat |
| Sector | Construction |
| Buyer(s) |
Sun Capital Partners
TDR Capital |
| Sellers(s) | Lloyds Banking Group |
| Deal Type | Divestiture |
| Deal Value | 400M GBP |
| Advisor(s) | J.P. Morgan Securities (Financial) Travers Smith (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 13.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 123 of 167 |
| Sector (Construction) | 3 of 5 |
| Type (Divestiture) | 19 of 24 |
| Country (United Kingdom) | 19 of 25 |
| Year (2014) | 5 of 5 |
| Size (of disclosed) | 2 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-18 |
Strauss Innovation KG
Langenfeld, Germany Strauss Innovation is a private-label retail chain with approximately 100 stores in Germany. The company is well known for its innovative assortment concept combining interior decorations as well as women's and men's apparel. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-07 |
American Recreation Products
Boulder, Colorado, United States American Recreation Products is a provider of outdoor recreation and leisure products, utilizing multiple consumer lifestyle brands through the mass and specialty distribution channels. Brands include Kelty, Royal Robbins, Sierra Designs, Slumberjack, and Wenzel. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 8.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
TDR Capital is a private equity firm that targets large companies valued from €300 million to €1.5 billion. TDR has a particular interest in under-managed, under-invested or misunderstood companies which may be transformed through greater strategic and operational focus. TDR is sector agnostic, however the Firm has a preference for opportunities in the leisure/hospitality, financial services, and business services sectors. TDR Capital was formed in 2002 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 24 |
| Sector (Construction) | 1 of 1 |
| Type (Divestiture) | 5 of 8 |
| Country (United Kingdom) | 10 of 13 |
| Year (2014) | 3 of 3 |
| Size (of disclosed) | 5 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-25 |
VPS
Oldham, United Kingdom VPS is a provider of vacant property products and services across Europe and the US. VPS provides products and services to both public and commercial customers to maintain and preserve vacant properties and to protect such properties against unauthorized access. VPS was founded in 2003 and is based in Oldham, England. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-23 |
LeasePlan
Amsterdam, Netherlands LeasePlan is a global provider of automotive fleet management and driver mobility services. Leaseplan operates in 32 countries and manages a fleet of over 1.55 million vehicles representing a total asset value of €21.4bn. LeasePlan was founded in 1963 and is based in Amsterdam, Netherlands. |
Buy | €3.7B |
| Category | Company |
|---|---|
| Founded | 1695 |
| Sector | Financial Services |
| Employees | 59,354 |
| Revenue | 18.2B GBP (2022) |
Lloyds Banking Group is a provider of banking and financial services in United Kingdom and internationally. Lloyds Banking Group was founded in 1695 and is based in London, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 9 |
| Sector (Construction) | 1 of 1 |
| Type (Divestiture) | 6 of 8 |
| Country (United Kingdom) | 5 of 5 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-08-21 |
Viridium Group
Neu-Isenburg, Germany Viridium Group is a provider of retirement and life insurance products. The foundation of its activities is a customer-focused service organisation combined with efficient portfolio management. Viridium Group was founded in 2013 and is based in Neu-Isenburg, Germany. |
Sell | €300M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-05 |
Lloyds Trust Company
25 New Street, Channel Islands Lloyds Trust Company (Channel Islands) Ltd. is a provider of financial services. |
Sell | - |
