M&A Deal Summary

Freshstream Acquires Radley

On June 6, 2016, private equity firm Freshstream acquired apparel/textiles company Radley from Exponent Private Equity and Phoenix Equity Partners

Acquisition Highlights
  • This is Freshstream’s 1st transaction in the Apparel/Textiles sector.
  • This is Freshstream’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2016-06-06
Target Radley
Sector Apparel/Textiles
Buyer(s) Freshstream
Sellers(s) Exponent Private Equity
Phoenix Equity Partners
Deal Type Secondary Buyout

Target

Radley

London, United Kingdom
Radley is a well-known British handbag and accessories brand in the rapidly growing affordable luxury market with a multi-channel business and established distribution network covering the Europe, and Asia. Radley was founded in 1998 and is based in London, United Kingdom.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Freshstream


Category Private Equity Firm
Founded 2015
PE ASSETS 600M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Freshstream is a generalist private equity firm focused on opportunities in the UK and Benelux. Freshstream looks to commit €30 to €100 million per transaction and will consider investing in businesses within the healthcare, general manufacturing, financial services, aerospace, branded retail, chemicals, building products, technology, media, and telecom sectors. Freshstream was formed in 2015 and is based in London.


DEAL STATS #
Overall 3 of 17
Sector: Apparel/Textiles M&A 1 of 1
Type: Secondary Buyout M&A Deals 2 of 4
Country: United Kingdom M&A 2 of 9
Year: 2016 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-07 Taziker Industrial

Chorley, United Kingdom

Taziker Industrial is a multi-discipline specialist contractor providing protective coatings, structural refurbishments, and minor civils to the rail, road, marine, and utility industries. Taziker Industrial was founded in 1969 and is based in Chorley, United Kingdom. , .

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-08 Verwater

Rotterdam, Netherlands

Verwater offers a full spectrum of industrial and tank-related services to support its clients in maintenance and construction works. Verwater was founded in 1922 and is based in Rotterdam, Netherlands.

Buy -

Seller(S) 2

SELLER

Exponent Private Equity

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 3.8B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Exponent is a private equity firm focused on acquiring middle-market businesses located in the UK and broader Europe. Exponent targets opportunities in the media, business and financial services, healthcare, consumer, and leisure sectors. The Firm seeks to invest in businesses valued from €150 to €500 million. Exponent has a particular interest in businesses that are prominent in their respective markets, but may benefit from or need operational improvement. Exponent Private Equity was formed in 2004 and is based in London.


DEAL STATS #
Overall 13 of 26
Sector: Apparel/Textiles M&A 1 of 1
Type: Secondary Buyout M&A Deals 8 of 16
Country: United Kingdom M&A 11 of 23
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-26 Wowcher

London, United Kingdom

Wowcher is a provider of online discount deals in the UK and Ireland. The business secures deals at a significant discount from merchants, which it publishes across email, website and mobile platforms to a database of subscribers. Wowcher was formed in 2011 and is based in London.

Buy £29M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-30 Spotlight Sports Group

London, United Kingdom

Spotlight Sports Group is home to brands in the sports media world including Racing Post, one of the most recognized and trusted names for horse racing data, opinion, and analysis. With over 30 years of experience, Racing Post has unrivalled expertise, serving a specialist community of sports enthusiasts, bettors, and bookmakers. Its portfolio of media brands include My Racing, Free Super Tips, Pickswise and Intellr. ICS, a B2B brand, provides specialist international agency services, which drives extended reach and increased traffic through performance marketing, as well as expertise in SEO, content marketing, digital PR, and translation. Spotlight Sports Group was founded in 1986 and is based in London, United Kingdom.

Buy -
SELLER

Phoenix Equity Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 1.5B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Phoenix Equity Partners is a mid-market private equity firm that funds management buyouts and buy-ins, and provides expansion capital for UK-based companies. Phoenix looks for opportunities valued up to £200 million. Target sectors include consumer, leisure, retail, financial services, healthcare, education, media, transportation/logistics, and business services. Phoenix Equity Partners was formed in 2001 and is based in London.


DEAL STATS #
Overall 25 of 45
Sector: Apparel/Textiles M&A 3 of 5
Type: Secondary Buyout M&A Deals 14 of 22
Country: United Kingdom M&A 23 of 43
Year: 2016 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 Palletways Group

Lichfield, United Kingdom

Palletways Group is a provider of less-than-full load palletised freight logistics. Palletways contracts with approximately 250 independent delivery businesses (members) to organise and distribute small consignment loads of palletised freight.

Sell £163M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-04 Andrew Page

Leeds, United Kingdom

Andrew Page Ltd. is a distributor and wholesaler of automotive parts. Andrew Page provides its 9,000 customers, primarily independent garages, with a high quality service, offering rapid delivery of a wide range of products.

Sell -