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M&A Deal Summary

LoneStar Group Acquires Hydrobolt Group

On April 16, 2014, LoneStar Group acquired engineering company Hydrobolt Group from Octopus Investments

Acquisition Highlights
  • This is LoneStar Group’s 2nd transaction in the Engineering sector.
  • This is LoneStar Group’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2014-04-16
Target Hydrobolt Group
Sector Engineering
Buyer(s) LoneStar Group
Sellers(s) Octopus Investments
Deal Type Add-on Acquisition

Target

Hydrobolt Group

Wolverhampton, United Kingdom
Hydrobolt manufactures quality and safety critical products for use in hostile environments, where extremes of temperature and pressure are encountered. The Group has a reputation for quality and deliverability and supplies a large and diversified customer base both nationally, and internationally, through sales offices in the US, Canada and Singapore.

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Buyer(S) 1

Buyer

LoneStar Group

Wednesbury, United Kingdom
Category Company
Founded 1960
Sector Manufacturing
Employees1,000
DESCRIPTION

LoneStar Group is a manufacturer of specialty fasteners and gaskets that are primarily used in extreme temperature, high-pressure and corrosive environments such as sub-sea petroleum exploration and production systems as well as petroleum and petrochemical refineries. LSP Holding was founded in 1960 and is based in Wednesbury, United Kingdom.

DEAL STATS #
Overall 3 of 3
Sector: Engineering M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: United Kingdom M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-29 Energy Hardware Holdings

Greer, South Carolina, United States

Energy Hardware is a value-added, global distributor of fasteners, machined parts, seals, and gaskets to the worldwide power generation industry.

Buy -

Seller(S) 1

SELLER

Octopus Investments

London, United Kingdom

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 2000
PE ASSETS 9.9B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

Octopus Investments is a private equity group that invests in lower middle-market UK based companies. Octopus looks to invest in buyouts, buy-ins, industry consolidations, and situations requiring development capital. Octopus' target investment size is £300k to £5 million in sectors such as business services, food/beverage, education and training, environmental services, media, marketing, healthcare, consumer, retail, leisure, and manufacturing. The Firm seeks businesses with a sustainable competitive advantage, whether through a unique product, IP, brand names or trade marks. Octopus Private Equity was formed in 2004 and is based in London.

DEAL STATS #
Overall 12 of 41
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 23
Country: United Kingdom M&A 12 of 39
Year: 2014 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-18 Vega-Chi

London, United Kingdom

Vega-Chi is an electronic trading platform dedicated to European convertible and high-yield bonds. Vega-Chi was founded in 2009 and is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-02 Rangespan

London, United Kingdom

Rangespan is a technology company that enables online retailers to dramatically and efficiently manage and expand their online range. It combines a number of technologies, including market insight data, a dropship supplier marketplace, and customer experience management system, in one end-to-end service.

Sell -
Mergr

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