M&A Deal Summary

IRSAP Acquires Radco Heating

On March 20, 2017, IRSAP acquired distribution company Radco Heating from Encore Capital

Acquisition Highlights
  • This is IRSAP’s 1st transaction in the Distribution sector.
  • This is IRSAP’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-03-20
Target Radco Heating
Sector Distribution
Buyer(s) IRSAP
Sellers(s) Encore Capital
Deal Type Add-on Acquisition

Target

Radco Heating

West Sussex, United Kingdom
Radco Heating Ltd. (dba UK Heating Group) is an independent distributor of design-led radiators to the plumbing and heating merchant market.

Search 215,058 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

IRSAP

Arqua Polesine, Italy

Category Company
Founded 1963
Sector Manufacturing
DESCRIPTION

IRSAP S.p.a. is a manufacturer of heating and air-conditioning products.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Encore Capital is an investment firm focused on investing in and acquiring growth companies based in the UK. The Firm looks to commit £1 to £10 million to support buyouts and growth capital financings. The Firm does not have any specific industry preferences, however Encore does have experience investing in the leisure, digital, education, and industrial services sectors. Encore Capital was established in 2005 and is headquartered in London.


DEAL STATS #
Overall 2 of 4
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 4
Country: United Kingdom M&A 2 of 4
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-29 Detox Kitchen

London, United Kingdom

Detox Kitchen is an owner and operator of restaurants that provide a meal delivery service and a ready-to-eat range stocked in Selfridges and planet organic. Detox Kitchen is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-17 TSC Inspection Systems

Milton Keynes, United Kingdom

TSC Inspection Systems is a manufacturer of inspection systems for crack detection and stress measurement. TSC Inspection Systems was founded in 1984 and is based in Milton Keynes, United Kingdom.

Sell -