M&A Deal Summary |
|
|---|---|
| Date | 2019-12-06 |
| Target | Brady Technologies |
| Sector | Software |
| Buyer(s) | Hanover Investors |
| Deal Type | Going Private |
SEARCH BY
| Category | Distressed Investor |
|---|---|
| Founded | 2002 |
| Size | Small |
| Type | Sector Agnostic |
Hanover Investors is a private investment firm that targets distressed and other turnaround situations. Hanover typically invests where underperformance can be attributed to company-specific operating issues, rather than to market or sector weakness. Often these situations are created by some combination of inadequate capital, unsuccessful acquisitions, misallocation of resources, loss of shareholder confidence or ineffective restructuring. Hanover will invest in public market securities, as well as invest in leveraged buyouts and recapitalizations of private companies. The Group's target investment size is £1 to £25 million per transaction. Hanover was formed in 2002 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 11 |
| Sector: Software M&A | 2 of 3 |
| Type: Going Private M&A Deals | 2 of 4 |
| Country: United Kingdom M&A | 5 of 7 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-01 |
Escher
Boston, Massachusetts, United States Escher is a provider of distributed messaging and data management solutions and services. Escher Group is a profitable, privately held company, currently employing over 80 individuals in four countries. Escher was founded in 1989 and is based in Boston, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-17 |
ClearStar
Alpharetta, Georgia, United States ClearStar is a technology-led provider of employment and medical screening services. ClearStar was founded in 1995 and is based in Alpharetta, Georgia. |
Buy | £15M |
