M&A Deal Summary

Marussia Motors Acquires Manor Grand Prix Racing

On April 19, 2013, Marussia Motors acquired gaming company Manor Grand Prix Racing from LDC

Acquisition Highlights
  • This is Marussia Motors’ 1st transaction in the Gaming sector.
  • This is Marussia Motors’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2013-04-19
Target Manor Grand Prix Racing
Sector Gaming
Buyer(s) Marussia Motors
Sellers(s) LDC
Deal Type Add-on Acquisition

Target

Manor Grand Prix Racing

Banbury, United Kingdom
Manor Grand Prix Racing Limited, trading as Marussia F1 Team, operates as a car racing team. It also manufactures racing cars. The company was founded in 2009 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Marussia Motors

Moscow, Russia

Category Company
Founded 2007
Sector Manufacturing
DESCRIPTION

Marussia Motors Ltd. manufactures sports cars.


DEAL STATS #
Overall 1 of 1
Sector: Gaming M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.9B 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 51 of 210
Sector: Gaming M&A 1 of 1
Type: Add-on Acquisition M&A Deals 23 of 97
Country: United Kingdom M&A 49 of 204
Year: 2013 M&A 4 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-10 Kidsunlimited

Cheshire, United Kingdom

kidsunlimited provides the very highest standards of care and education for pre-school children and is the fifth largest childcare provider in the UK. kidsunlimited was established in 1983 by husband and wife team Jean and Stewart Pickering on the ground floor of their Victorian semi-detached house in Wilmslow after they were unable to find childcare to match their exacting standards.

Sell £45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-22 The Evolv Collection

London, United Kingdom

The Evolv Collection owns and operates over 30 of the most famous restaurants in London, Paris, New York and Tokyo. The Evolv Collection was founded in 1991 and is based in London, United Kingdom.

Buy £50M