M&A Deal Summary |
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Date | 2019-12-19 |
Target | Martin Audio |
Sector | Electronics |
Buyer(s) | Focusrite |
Sellers(s) | Lloyds TSB Development Capital |
Deal Type | Add-on Acquisition |
Deal Value | 39M GBP |
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Category | Company |
---|---|
Founded | 1985 |
Sector | Electronics |
Employees | 557 |
Revenue | 178M GBP (2023) |
Focusrite is a global music and audio products group that develops and markets proprietary hardware and software products. Used by audio professionals and amateur musicians alike, its solutions facilitate the high-quality production of recorded and live sound. Focusrite was incorporated in 1985 and is based in High Wycombe, United Kingdom.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Electronics) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
Country (United Kingdom) | 1 of 1 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Private Equity Firm |
---|---|
Founded | 1981 |
PE ASSETS | 2.0B USD |
Size | Middle-Market |
Type | Sector Agnostic |
Lloyds TSB Development Capital Ltd (LDC) is the private equity arm of Lloyds Banking Group Plc and invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. Lloyds TSB Development Capital Ltd was formed in 1981 and is based in London.
DEAL STATS | # |
---|---|
Overall | 145 of 192 |
Sector (Electronics) | 3 of 3 |
Type (Add-on Acquisition) | 70 of 92 |
Country (United Kingdom) | 139 of 186 |
Year (2019) | 11 of 11 |
Size (of disclosed) | 47 of 61 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-12-18 |
Commsworld
Edinburgh, United Kingdom Commsworld is a telecommunications network provider and ISP. Commsworld provides connectivity, cloud, security, unified comms, and IT infrastructure services to the public and private sectors. Commsworld was established in 1994 and is based in Edinburgh, United Kingdom. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-12-20 |
Global
Leeds, United Kingdom Global Autocare is an independent corporate mobility and fleet management provider with an impressive track record for growth and a loyal customer base. Global Autocare is founded in 2010 and is based in Leed, United Kingdom. |
Buy | - |