M&A Deal Summary

Cinven Acquires Mercury Pharma Group

On August 17, 2012, private equity firm Cinven acquired distribution company Mercury Pharma Group from HgCapital for 465M GBP

Acquisition Highlights
  • This is Cinven’s 3rd transaction in the Distribution sector.
  • This is Cinven’s 38th largest (disclosed) transaction.
  • This is Cinven’s 75th transaction in the United Kingdom.

M&A Deal Summary

Date 2012-08-17
Target Mercury Pharma Group
Sector Distribution
Buyer(s) Cinven
Sellers(s) HgCapital
Deal Type Secondary Buyout
Deal Value 465M GBP

Target

Mercury Pharma Group

Surrey, United Kingdom
Mercury Pharma Group is an international specialty pharmaceutical company selling niche prescription pharmaceuticals. The company markets its products across the globe with primary focus in UK and EU markets and operational bases in the UK, Ireland and India. Mercury Pharma Group was founded in 1991 and is based in Surrey, United Kingdom.

Search 205,401 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cinven

London, United Kingdom

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1977
PE ASSETS 39.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Cinven is a private equity firm focused on buyout investments in growing, profitable businesses located throughout Europe and North America. Sectors of interest include business and financial services, healthcare, industrial, retail, leisure, consumer, technology, media, and telecommunications. Cinven looks to invest a minimum of €200 million in companies with minimum enterprise values of €400 million. Cinven does not invest in start-ups or development phase companies. Cinven was established in 1977 and is headquartered in London.


DEAL STATS #
Overall 127 of 184
Sector (Distribution) 3 of 5
Type (Secondary Buyout) 24 of 56
Country (United Kingdom) 75 of 87
Year (2012) 4 of 5
Size (of disclosed) 38 of 62
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-25 Pronet

Istanbul, Turkey

Pronet is a provider of monitored electronic security systems across Turkey. The business offers a range of monitored security products including alarms, CCTV, access control and perimeter protection systems. Pronet primarily installs and services intruder alarms as well as provides the ongoing monitoring and management of alarm activation. Pronet was founded in1995 and is based in Istanbul, Turkey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-15 Amdipharm Mercury - AMCo.

Croydon, United Kingdom

Amdipharm Mercury (AMCo) is an international speciality pharmaceuticals company delivering high quality medicines with a customer focus in 112 territories.

Buy £367M

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 31 of 93
Sector (Distribution) 2 of 3
Type (Secondary Buyout) 14 of 34
Country (United Kingdom) 18 of 47
Year (2012) 2 of 2
Size (of disclosed) 8 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-01 PA Topco

West Midlands, United Kingdom

Parts Alliance Group Ltd. is one of the major groups of automotive parts distributors throughout the UK and Ireland. The group has 196 branches nationwide. The group incorporates several local brand identities, eight of which are owned by Parts Alliance Group. Operating as one organisation gives group the benefit of centralised support and expertise from specialist departments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-04 Valueworks

Wigan, United Kingdom

Valueworks provides a private B2B electronic marketplace through which c. 300 buyers (principally social housing organisations), procure goods and services, primarily relating to social housing planned repair and maintenance. Valueworks was founded in 2000 and is based in Wigan, United Kingdom.

Buy -