M&A Deal Summary |
|
|---|---|
| Date | 2015-01-16 |
| Target | NEC Group |
| Sector | Media |
| Buyer(s) | Lloyds TSB Development Capital |
| Sellers(s) | Birmingham City Council |
| Deal Type | Divestiture |
| Deal Value | 307M GBP |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 2.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Lloyds TSB Development Capital Ltd (LDC) is the private equity arm of Lloyds Banking Group Plc and 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. Lloyds TSB Development Capital Ltd was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 163 of 304 |
| Sector (Media) | 10 of 14 |
| Type (Divestiture) | 15 of 24 |
| Country (United Kingdom) | 155 of 292 |
| Year (2015) | 1 of 12 |
| Size (of disclosed) | 1 of 69 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-08 |
Angel Springs
Wolverhampton, United Kingdom Angel Springs is a water cooler service companies and rents out bottled water coolers and point-of-use water coolers, sells consumables, and provides related services. The group serves an installed base of more than 46,000 bottled water coolers and 14,000 point-of-use water coolers in the UK. Angel Springs was founded in 2003 and is based in Wolverhampton, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-23 |
Aspen Pumps
East Sussex, United Kingdom Aspen Pumps engages in the design, manufacture, and distribution of mini pumps that remove condensate water from air conditioning and refrigeration systems. Aspen Pumps also sells a range of ancillary products for air conditioning installers and engineers. Aspen Pumps was founded in 1992 and is based in East Sussex, United Kingdom. |
Sell | £105M |
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Media) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United Kingdom) | 1 of 1 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
