M&A Deal Summary

Chiltern Capital and Literacy Capital Acquire Hanmere Polythene

On December 1, 2017, private equity firms Chiltern Capital and Literacy Capital acquired packaging company Hanmere Polythene

Acquisition Highlights
  • This is Chiltern Capital’s 1st and Literacy Capital’s 1st transaction in the Packaging sector.
  • This is Chiltern Capital’s 2nd and Literacy Capital’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2017-12-01
Target Hanmere Polythene
Sector Packaging
Buyer(s) Chiltern Capital
Literacy Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Livingstone Partners (Financial)

Target

Hanmere Polythene

Hertfordshire, United Kingdom
Hanmere Polythene is a provider polythene packaging solutions, manufacturing and supplying polythene bags, sacks and liners across a range of B2B markets including food manufacturing. Hanmere Polythene was founded in 1966 and is based in Hertfordshire, United Kingdom.

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Buyer(S) 2

DESCRIPTION

Chiltern Capital is a private equity firm focused on investing and acquiring established and profitable small to middle-market UK-based companies. Chiltern seeks to invest £2 to £10 million per transaction and will consider opportunities in the business services, education, engineering, manufacturing, financial services, IT services, software, and technology sectors. Chiltern Capital was formed in 2015 and is based in London.


DEAL STATS #
Overall 2 of 15
Sector: Packaging M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 8
Country: United Kingdom M&A 2 of 14
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-19 Vantage Finance

London, United Kingdom

Vantage Finance is a master broker operating in the property finance market. It provides a comprehensive range of services to intermediaries (including mortgage brokers, IFAs and accountants) and direct clients, in assessing, placing and processing a range of specialist property finance solutions such as bridging and development loans, commercial loans, second charge secured loans, and buy-to-let and residential mortgages. Vantage Finance was founded in 2004 and is based in London, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Vantage Finance

London, United Kingdom

Vantage Finance is a master broker operating in the property finance market. It provides a comprehensive range of services to intermediaries (including mortgage brokers, IFAs and accountants) and direct clients, in assessing, placing and processing a range of specialist property finance solutions such as bridging and development loans, commercial loans, second charge secured loans, and buy-to-let and residential mortgages. Vantage Finance was founded in 2004 and is based in London, England.

Sell -
DESCRIPTION

Literacy Capital is a closed-end investment company focused on investing in and supporting small, growing UK businesses. The Firm typically pursues buyouts of smaller, profitable (£1 to £5 million of EBITDA) but will also consider select growth/venture investments in disruptive businesses generating revenue but pre-profit. Literacy Capital was formed in 2017 and is headquartered in London.


DEAL STATS #
Overall 2 of 23
Sector: Packaging M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 11
Country: United Kingdom M&A 2 of 23
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-01 Wifinity

London, United Kingdom

Wifinity specialises in providing reliable, high-speed broadband to customers on campuses and other multi-dwelling sites, such as student and key worker accommodation and holiday parks. Wifinity was founded in 2007 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-01 Antler Homes

Surrey, United Kingdom

Antler Homes builds luxury houses designed for lifelong enjoyment. Each home blends traditional details with contemporary design, created by skilled craftsmen and innovative architects working closely with expert staff. The result is unique, high-quality homes built to the highest standards. Antler Homes was founded in 1972 and is based in Surrey, United Kingdom.

Buy -