M&A Deal Summary

LDC Acquires Pertemps Network Group

On February 3, 2012, private equity firm LDC acquired staffing company Pertemps Network Group for 112M GBP

Acquisition Highlights
  • This is LDC’s 3rd transaction in the Staffing sector.
  • This is LDC’s 8th largest (disclosed) transaction.
  • This is LDC’s 111th transaction in the United Kingdom.

M&A Deal Summary
Date 2012-02-03
Target Pertemps Network Group
Sector Staffing
Buyer(s) LDC
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 112M GBP

Target

Pertemps Network Group

Meriden, United Kingdom
Pertemps Network Group provides helping people find the right jobs and helping permanent, temporary, or contract positions, private or public sector employers find the right people. Pertemps Network Group was founded in 1961 and is based in Meriden, United Kingdom.

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Buyer(S) 1

Buyer

LDC

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 3.6B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.

DEAL STATS #
Overall 117 of 304
Sector (Staffing) 3 of 6
Type (Buyout (LBO, MBO, MBI)) 77 of 109
Country (United Kingdom) 111 of 292
Year (2012) 3 of 14
Size (of disclosed) 8 of 69
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-27 Associated Dental Practices

Reigate, United Kingdom

Associated Dental Practices Ltd. is a dental chains and a major provider of NHS dentistry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-30 Eveden Group

Desborough, United Kingdom

Eveden Limited are specialists in designing and manufacturing high quality, fashion conscious lingerie and bra-sized swimwear in larger cup sizes.

Sell £148M
Mergr

Product

Company

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