Divestiture • Retail

AURELIUS Equity Opportunities Acquires Bertram Books

On February 15, 2018, asset manager AURELIUS Equity Opportunities acquired retailer Bertram Books from Smiths News

Acquisition Context
  • This is AURELIUS Equity Opportunities’ 3rd transaction in the Retail sector.
  • This is AURELIUS Equity Opportunities’ 11th transaction in the United Kingdom.
Investment Fate
  • Bertram Books went bankrupt in 2020.

Explore All 417 Divestiture Retail Deals - Search the Database Free


M&A Deal Summary

Date February 15, 2018
Target Bertram Books
Sector Retail
Buyer(s) AURELIUS Equity Opportunities
Sellers(s) Smiths News
Deal Type Divestiture

Target Company

Bertram Books

Norwich, United Kingdom
Bertram Books is a book retailer. Bertram Books was founded in 1968 and is based in Norwich, United Kingdom.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

DESCRIPTION

The AURELIUS Group is an independent investment firm focused on buyouts and spin-offs of Western European middle-market to large companies. The Firm looks to invest €5 to €80 million per transaction in companies valued up to €250 million. AURELIUS is a generalist investor but has a preference for opportunities in the chemicals, information technology, consumer products, business services, and industrials sectors. The AURELIUS Group was formed in 2006 and is based in Grünwald, Germany.


Deal Context for Buyer #
Overall 40 of 64
Sector: Retail 3 of 4
Type: Divestiture 16 of 35
Country: United Kingdom 11 of 22
Year: 2018 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-02 AH Industries

Ribe, Denmark

AH Industries is a supplier of metal components, modules, systems and services to the wind energy, cement and minerals industries. AH Industries was founded in 1987 and is based in Ribe, Denmark.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-24 Ideal Shopping Direct

Peterborough, United Kingdom

Ideal Shopping Direct is a multi-channel retailer that engages in selling products to consumers through digital television home shopping channels and the Internet in the United Kingdom and internationally. Ideal Shopping Direct was founded in 1980 and is based in Peterborough, United Kingdom.

Buy -

Seller Profile 1

SELLER

Smiths News

Swindon, United Kingdom

Category Company
Founded 2006
Sector Publishing
Employees1,388
Revenue 1.1B GBP (2024)
DESCRIPTION

Smiths News is a specialist distributor operating in large and diverse markets. The Group has four separate divisions, connecting suppliers to customers in an efficient, knowledgeable, and service-oriented way: Connect News & Media, Connect Parcel Freight, Connect Education & Care, and Connect Books. Smiths News was founded in 2006 and is based in Swindon, England.


Deal Context for Seller #
Overall 2 of 2
Sector: Retail 1 of 1
Type: Divestiture 2 of 2
Country: United Kingdom 2 of 2
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 Connect Group - Education & Care Division

United Kingdom

Connect Group - Education & Care Division is an independent distributor of consumable products to the Education and Care markets, trading through The Consortium and West Mercia Supplies brands. It currently serves over 30,000 customers with an extensive range of over 40,000 products.

Sell £64M

Explore Related M&A Activity