M&A Deal Summary

DBAY Advisors Acquires Finsbury Food Group

On September 20, 2023, asset manager DBAY Advisors acquired food company Finsbury Food Group for 143M GBP

Acquisition Highlights
  • This is DBAY Advisors’ 1st transaction in the Food sector.
  • This is DBAY Advisors’ largest (disclosed) transaction.
  • This is DBAY Advisors’ 4th transaction in the United Kingdom.

M&A Deal Summary

Date 2023-09-20
Target Finsbury Food Group
Sector Food
Buyer(s) DBAY Advisors
Deal Type Going Private
Deal Value 143M GBP
Advisor(s) Oppenheimer & Co.
Panmure Gordon & Co. (Financial)
Nabarro LLP (Legal)

Target

Finsbury Food Group

Cardiff, United Kingdom
Finsbury Food Group is a manufacturer of cake and bread bakery products. Finsbury Food Group was founded in 1925 and is headquartered in Cardiff, the United Kingdom.

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Buyer(S) 1

DESCRIPTION

DBAY Advisors is an asset management firm focused on a variety of public and private company investments. Broad areas of interest include logistics, software, information technology, and business services. DBAY Advisors was formed in 2008 and is based in Douglas, Isle of Man.


DEAL STATS #
Overall 4 of 4
Sector (Food) 1 of 1
Type (Going Private) 3 of 3
Country (United Kingdom) 4 of 4
Year (2023) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 Eddie Stobart

Cheshire, United Kingdom

Eddie Stobart is a supply chain, transport, and logistics business providing industry major services to many of the UK’s best-known brands, within four core sectors of Consumer; E-commerce; Retail; and Manufacturing, Industrial and Bulk. Eddie Stobart was founded in 1960 and is based in Cheshire, United Kingdom.

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