M&A Deal Summary

Lanes Group Acquires UKDN Waterflow

On January 12, 2016, Lanes Group acquired insurance company UKDN Waterflow from Horizon Capital UK

Acquisition Highlights
  • This is Lanes Group’s 1st transaction in the Insurance sector.
  • This is Lanes Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-01-12
Target UKDN Waterflow
Sector Insurance
Buyer(s) Lanes Group
Sellers(s) Horizon Capital UK
Deal Type Add-on Acquisition

Target

UKDN Waterflow

Solihull, United Kingdom
UKDN Waterflow Ltd. provider of insurance remediation in drainage to UK home insurers.UKDN Waterflow was founded in 2003 and is based in Solihull, United Kingdom.

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Buyer(S) 1

Buyer

Lanes Group

Leeds, United Kingdom

Category Company
Sector Business Services
DESCRIPTION

Lanes Group plc is a provider of drainage services to all markets and all sectors of the market, including: domestic, industrial, commercial, retail, blue-chip, and insurance. Lanes Group is based in Leeds, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Horizon Capital UK

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 800M GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Horizon Capital UK is a private equity firm that targets investments in middle-market companies valued up to £100 million. The Firm has a preference for UK-headquartered businesses and will consider opportunities in the technology services, software, data/analytics, and business services sectors. Prospective transaction situations include buyouts with potential for consolidation. Horizon Capital UK was formed in 1999 and is based in London, United Kingdom.


DEAL STATS #
Overall 13 of 30
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 13
Country: United Kingdom M&A 12 of 27
Year: 2016 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-24 Coryton Advanced Fuels

Essex, United Kingdom

Coryton Advanced Fuels Ltd. develops high-performance fuels for the aviation and motorsport industries, as well as bespoke and standardized fuels for the automotive sector. Coryton Advanced Fuels is based in Essex, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-11 Sabio

London, United Kingdom

Sabio is a contact‑centre and customer‑experience (CX) technology specialist, providing consulting, integration, AI, CRM, and managed services. It helps organisations optimise customer journeys using cloud, automation, and multiple CX platforms. Sabio was founded in 1998 and is based in London, United Kingdom.

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