M&A Deal Summary

BSS Group Acquires Tricom Group

On March 20, 2003, BSS Group acquired business services company Tricom Group from Livingbridge for 30M GBP

Acquisition Highlights
  • This is BSS Group’s 1st transaction in the Business Services sector.
  • This is BSS Group’s 0th largest (disclosed) transaction.
  • This is BSS Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2003-03-20
Target Tricom Group
Sector Business Services
Buyer(s) BSS Group
Sellers(s) Livingbridge
Deal Type Add-on Acquisition
Deal Value 30M GBP

Target

Tricom Group

Bedford, United Kingdom
Tricom Group is a builders merchant specializing in plumbing and heating equipment for the replacement market. Tricom Group is based in Bedford, United Kingdom.

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Buyer(S) 1

Buyer

BSS Group

Leicester, United Kingdom

Category Company
Founded 1899
Sector Business Services
DESCRIPTION

The BSS Group is a distributor of pipeline and heating solutions. BSS serves a wide range of sectors and trades and provides bespoke solutions to customers including products, specifications, technical support and aftersales care. The BSS Group was formed in 1899 and is based in Leicester, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2003) 1 of 1

Seller(S) 1

SELLER

Livingbridge

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 1.6B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Livingbridge is a UK-based investment group focused on investing in and growing mid-sized companies. The Firm targets businesses seeking £5 to £100 million of capital. Prospective companies should have 'ambitious mangement', scalable business models, and potential for market leadership. Sectors of interest include technology, media, communications, consumer products/services, healthcare, and education. Livingbridge was formed in 1995 and is based in London.


DEAL STATS #
Overall 3 of 98
Sector (Business Services) 1 of 21
Type (Add-on Acquisition) 1 of 41
Country (United Kingdom) 3 of 89
Year (2003) 2 of 6
Size (of disclosed) 11 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Blue 8 Technologies

Nottingham, United Kingdom

Provides real-time location management software to the emergency services. A preferred supplier under the Home Office National Strategy for Police Information Systems (‘NSPIS').

Sell £9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-14 Care Management Group

London, United Kingdom

Care Management Group is a specialist care home operator providing high-quality residential care services for children and adults with learning disabilities and associated complex needs. Care Management Group was founded in 1994 and is based in London, United Kingdom.

Buy £30M