M&A Deal Summary

LSL Property Services Acquires Personal Touch Financial Services

On January 31, 2018, LSL Property Services acquired financial services company Personal Touch Financial Services from Lloyds TSB Development Capital for 10M GBP

Acquisition Highlights
  • This is LSL Property Services’ 1st transaction in the Financial Services sector.
  • This is LSL Property Services’ 0th largest (disclosed) transaction.
  • This is LSL Property Services’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-01-31
Target Personal Touch Financial Services
Sector Financial Services
Buyer(s) LSL Property Services
Sellers(s) Lloyds TSB Development Capital
Deal Type Add-on Acquisition
Deal Value 10M GBP

Target

Personal Touch Financial Services

Birmingham, United Kingdom
Personal Touch Financial Services Ltd. is a provider of products and services to the independent financial service market, with a network of over 2000 financial advisors across the UK offering independent finincial advice. Personal Touch Financial Services Ltd. was established in 1994 and is based in Birmingham, United Kingdom.

Search 198,242 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

LSL Property Services

Newcastle upon Tyne, United Kingdom
Category Company
Sector Business Services
DESCRIPTION

Lending Solutions (LSL) of e.surv is the leading business to business distributor of residential property valuations, and the largest panel manager in the UK.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

Lloyds TSB Development Capital

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 2.0B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

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 122 of 192
Sector (Financial Services) 3 of 3
Type (Add-on Acquisition) 61 of 92
Country (United Kingdom) 117 of 186
Year (2018) 1 of 13
Size (of disclosed) 58 of 61
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-19 Forest Holidays

Moira, United Kingdom

Forest Holidays owns and operates secluded eco-cabins and treehouses on nine sites across Britain’s National Forests. Forest Holidays was established in 2006 and is based in Derbyshire, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-01 Atcore Technology Group

Slough, United Kingdom

Atcore Technology Group is a travel technology company which provides specialist software platforms for the global leisure travel sector. It comprises of two principal platforms, Atcom and Tigerbay. Atcom designs, builds and maintains reservation software for leading global tour operators. Its proprietary reservation system is highly complex, and supports sophisticated business models which allow clients to manage large volumes of search requests, optimise customer experience and enhance profitability. Atcore Technology Group was founded in 1999 and is based in Slough, United Kingdom.

Buy -
Mergr

Product

Company

Legal