M&A Deal Summary

Advanced Acquires Computer Software Holdings

On March 8, 2013, Advanced acquired software company Computer Software Holdings from HgCapital for 110M GBP

Acquisition Highlights
  • This is Advanced’s 4th transaction in the Software sector.
  • This is Advanced’s 0th largest (disclosed) transaction.
  • This is Advanced’s 3rd transaction in the United Kingdom.

M&A Deal Summary
Date 2013-03-08
Target Computer Software Holdings
Sector Software
Buyer(s) Advanced
Sellers(s) HgCapital
Deal Type Add-on Acquisition
Deal Value 110M GBP

Target

Computer Software Holdings

Knutsford, Cheshire, United Kingdom
CSH provides application software to a number of UK niche vertical markets.

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Buyer(S) 1

Buyer

Advanced

Birmingham, United Kingdom
Category Company
Sector Software
DESCRIPTION

Advanced is a provider of software and IT services to the public, private, and not-for-profit sectors which enable organizations to improve efficiency, reduce costs and drive growth. Advanced Computer Software Group is based in Birmingham, United Kingdom.

DEAL STATS #
Overall 4 of 12
Sector (Software) 4 of 8
Type (Add-on Acquisition) 4 of 10
Country (United Kingdom) 3 of 9
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 Fabric Technologies

Montreal, Quebec, Canada

Fabric, which provides managed services and unified communication solutions to approximately 160 UK midmarket customers in banking and other professional services sectors, will be integrated over the coming months into the Group’s Advanced 365 Managed Services division based in City Road, London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-12 Hudman

Cwmbran, United Kingdom

Hudman Ltd. is a developers of CentralERP®, a Cloud-based software-as-a-service (SaaS) Enterprise Resource Planning (ERP) system. Hudman Ltd. was founded in 2005 and is based in Cwmbran, United Kingdom.

Buy -

Seller(S) 1

SELLER

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 70.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.

DEAL STATS #
Overall 33 of 93
Sector (Software) 6 of 21
Type (Add-on Acquisition) 15 of 45
Country (United Kingdom) 20 of 47
Year (2013) 2 of 5
Size (of disclosed) 25 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-01 RidgeWind

Chipping Norton, Oxon, United Kingdom

RidgeWind is a UK-based renewable energy development company formed in 2003 to develop rural wind energy projects in the UK. Collectively, its team has over 60 years of rural land management experience and over 60 years of energy development experience.

Sell £250M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-27 Howden Group

London, United Kingdom

Howden Group is an international insurance intermediary group with insurance broking and underwriting agency arms. Howden Group was founded in 1994 and is based in London, United Kingdom.

Buy £250M
Mergr

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