M&A Deal Summary

Gresham Acquires Team Telecom Group

On April 26, 2010, private equity firm Gresham acquired communications company Team Telecom Group for 33M GBP

Acquisition Highlights
  • This is Gresham’s 1st transaction in the Communications sector.
  • This is Gresham’s 4th largest (disclosed) transaction.
  • This is Gresham’s 28th transaction in the United Kingdom.

M&A Deal Summary
Date 2010-04-26
Target Team Telecom Group
Sector Communications
Buyer(s) Gresham
Deal Type Divestiture
Deal Value 33M GBP

Target

Team Telecom Group

Derby, United Kingdom
Team Telecom Group Ltd. is a provider of engineering services covering installation, commissioning, 24x7 first line maintenance, network operations and project management to major telecommunications equipment manufacturers and telecommunications network operators.

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Buyer(S) 1

Buyer

Gresham

London, United Kingdom
Category Private Equity Firm
Size Large
Type Sector Agnostic
DESCRIPTION

Gresham LLP is a private equity firm focused on management buyouts across a broad range of industries in the UK. Gresham considers transactions up to GBP100 million with an emphasis on opportunities in business services, support services, consumer products and services, financial services, healthcare/pharmaceuticals, industrial products and energy/environmental. Gresham is based in London with additional offices in Birmingham and Manchester.

DEAL STATS #
Overall 28 of 32
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 28 of 32
Year (2010) 2 of 3
Size (of disclosed) 4 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-10 LAS Claims Management

Birmingham, United Kingdom

LAS Claims Management Ltd. (formerly Lanes Assistance Services Ltd) is a provider of outsourced claims management service for the insurance industry.

Buy £12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-06 Alexandra

Bristol, United Kingdom

Alexandra is a supplier of workwear solutions, trading internationally through their Dimensions, Affinity, Alexandra and Yaffy brands. Alexandra was founded in 1854 and is based in Bristol, United Kingdom.

Sell -
Mergr

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Company

Legal