M&A Deal Summary

Deutsche Bank Acquires Carron Energy

On April 25, 2006, Deutsche Bank acquired energy services and equipment company Carron Energy from Rutland Partners for 125M GBP

Acquisition Highlights
  • This is Deutsche Bank’s 1st transaction in the Energy Services and Equipment sector.
  • This is Deutsche Bank’s 3rd largest (disclosed) transaction.
  • This is Deutsche Bank’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2006-04-25
Target Carron Energy
Sector Energy Services and Equipment
Buyer(s) Deutsche Bank
Sellers(s) Rutland Partners
Deal Type Add-on Acquisition
Deal Value 125M GBP

Target

Carron Energy

Cardiff Gate Business Park, United Kingdom
Carron Energy is a private UK-based power company which is ideally positioned to take advantage of current market conditions in the power industry. It is independent and dynamic, with a track record of successful operation and development. Click here to read about our track record. Carron Energy’s subsidiary company Dragon Generation owns and develops sub-50MW plant, both conventional and renewable

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Buyer(S) 1

Buyer

Deutsche Bank

Frankfurt, Germany
Category Company
Founded 1870
Sector Financial Services
Employees90,323
Revenue 31.2B EUR (2023)
DESCRIPTION

Deutsche Bank is a German global banking and financial services company. Deutsche Bank was founded in 1870 and is based in Frankfurt, Germany.

DEAL STATS #
Overall 2 of 7
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 2 of 5
Country (United Kingdom) 1 of 2
Year (2006) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-01 National Discount Brokers Group

Jersey City, New Jersey, United States

National Discount Brokers Group, Inc. offers online brokerage and trading services for individual investors through its NDB.com site. The company provides automated securities order placement and information services

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-02 HedgeWorks

Carlsbad, California, United States

HedgeWorks LLC provides independent administrative services to hedge funds, including investor services, fund accounting, net asset value (NAV) calculation and customized web reporting to managers and investors.

Buy -

Seller(S) 1

SELLER

Rutland Partners

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1986
PE ASSETS 650M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Rutland Partners is a generalist private equity firm focused on investing in mid-market companies based in or with a significant presence in the UK. Rutland looks to commit £10-50 million of equity capital in companies valued up to £150 million. Prospective transactions can take the form of take privates, management buyouts, management buy-ins, replacement capital, turnarounds, and secondary purchases. Rutland Partners was formed in 1986 and is based in London.

DEAL STATS #
Overall 6 of 24
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 4 of 13
Country (United Kingdom) 5 of 20
Year (2006) 1 of 2
Size (of disclosed) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-01 Interfloor Group

Rossendale, United Kingdom

Interfloor Group Ltd. is a manufactures and suppliers of underlay, flooring accessories and specialised rubber products.

Sell £84M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-08 H&T Group

Sutton, United Kingdom

H&T Group is a pawnbroker with 69 outlets across the UK. The group’s core business is pawnbroking, where it has a pledge book of £24.6 million, and retailing of jewellery sourced from its pawnbroking operations. H&T Group was founded in 1897 and is based in Sutton, England.

Sell -
Mergr

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