M&A Deal Summary |
|
|---|---|
| Date | 2013-09-04 |
| Target | Giles Insurance Brokers |
| Sector | Insurance |
| Buyer(s) | Gallagher |
| Sellers(s) | Charterhouse Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 233M GBP |
| Advisor(s) | Jamieson Corporate Finance (Financial) |
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Gallagher is an international insurance brokerage and risk management services firm. Gallagher has operations in 27 countries and offers its services in more than 140 countries around the world through a network of correspondent brokers and consultants. Gallagher was incorporated in 1927 and is based in Rolling Meadows, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 143 of 581 |
| Sector: Insurance M&A | 110 of 483 |
| Type: Add-on Acquisition M&A Deals | 134 of 549 |
| Country: United Kingdom M&A | 10 of 47 |
| Year: 2013 M&A | 14 of 26 |
| Size (of disclosed) | 10 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-09-04 |
The Giles Group
Buckinghamshire, United Kingdom The Giles Group is an independent retail broker, controlling and influencing gross written premium in excess of £750 million. The firm’s business spans commercial retail, personal lines, wholesale brokerage and underwriting. Giles has in excess of 1,100 employees operating out of 43 offices in England, Scotland, Wales, Northern Ireland, Isle of Man and the Channel Islands. |
Buy | £233M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-09-06 |
R.W. Scobie
Eau Claire, Wisconsin, United States R. W. Scobie, Inc. (Scobie) is a managing general agent and wholesale insurance broker which provides excess and surplus, property/casualty, professional business liability and other specialty insurance products and services to their independent insurance agent and broker clients throughout United States. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1934 |
| PE ASSETS | 5.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Charterhouse Capital Partners is a large private equity firm specializing in buyouts of European industrial and commercial service companies. The Firm primarily seeks opportunities in Western Europe and the UK. Charterhouse focuses on profitable companies led by experienced management valued from €200 million to €1.5 billion. Specific areas of interest include business services, chemicals, engineering, leisure, transport and logistics. Charterhouse Capital Partners was formed in 1934 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 35 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 3 of 8 |
| Country: United Kingdom M&A | 8 of 16 |
| Year: 2013 M&A | 2 of 4 |
| Size (of disclosed) | 13 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-10 |
Tes Global
Sheffield, United Kingdom Tes Global is an international provider of software services to make life easier for schools and teachers. All products and services are built with teachers and schools needs at the core, ensuring they are innovative, trusted education solutions. Tes Global products play a critical role helping teachers and school leaders deal with the challenges of teaching, including safeguarding and compliance, smart pupil management, and staff management. This dedication and focus supports educators across the globe in providing high quality education to millions of children using smart, flexible, and cost-effective solutions. A global Company, Tes Global was formed in 1910 and is based in Sheffield, United Kingdom. |
Sell | £400M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-17 |
Drive Assist UK
Tamworth, United Kingdom Drive Assist UK Ltd. is a provider of replacement vehicles across the United Kingdom. The company works alongside the insurance industry to provide short-term replacement vehicles to non-fault parties involved in accidents while their vehicles are repaired. Drive Assist also focuses on longer-term corporate rentals and warranty replacements. |
Sell | - |
