Explore All 3084 Add-on Acquisition Financial Services Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | January 4, 2004 |
| Target | Premium Credit |
| Sector | Financial Services |
| Buyer(s) | MBNA |
| Sellers(s) |
Epiris
Motion Equity Partners |
| Deal Type | Add-on Acquisition |
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MBNA is a UK credit card business with a high quality customer base founded upon sound underwriting principles and credit management, which aligns well with the Group’s strategy to deliver sustainable growth through a multi-brand strategy. The MBNA brand will be maintained as a challenger brand further enhancing our customer offering. MBNA’s diversified distribution model, along with its data analytics capability, digital strength and well-recognised brand, will be complementary to the Group’s existing capabilities and provides further opportunities for growth and delivering excellent customer service.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services | 1 of 1 |
| Type: Add-on Acquisition | 1 of 1 |
| Country: United Kingdom | 1 of 1 |
| Year: 2004 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-11-11 |
Premium Credit
Surrey, United Kingdom Premium Credit is a provider of premium finance for commercial and retail insurance products. PCL’s products are a key source of funding for consumers and smaller businesses in the purchase of often mandatory products, such as motor, home or fire insurance. The company also provides financing for the payment of annual fees such as membership subscriptions, professional fees, commercial service charges and school fees. Premium Credit was founded in 1988 and is based in Surrey, United Kingdom. |
Sell | £900M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 1.5B GBP |
| Size | Large |
| Type | Sector Agnostic |
Electra Partners is a UK-based private equity firm focused on buyouts, co-investments, secondary fund purchases, and debt investing. The Firm's direct investing group looks to make majority or minority investments of £50 to £250 million in deals valued up to £500 million. Electra was formed in 1976 and is based in London.
| Deal Context for Seller | # |
|---|---|
| Overall | 13 of 51 |
| Sector: Financial Services | 1 of 3 |
| Type: Add-on Acquisition | 3 of 17 |
| Country: United Kingdom | 12 of 41 |
| Year: 2004 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-09-01 |
William Cook Holdings
Sheffield, United Kingdom William Cook is an engineering Company. It started as a steel casting manufacturer and steel castings still form the basis of 99% of William Cook’s products. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-03-01 |
BDR Thermea Group B.V.
Apeldoorn, Netherlands BDR Thermea is a significant manufacturer of heating products and is a supplier of domestic boilers. |
Buy | £640M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 1.0B EUR |
| Size | Large |
| Type | Sector Agnostic |
Motion Equity Partners is a European private equity firm that targets large buyouts and turnaround situations valued up to €300 million. Broad areas of interest include consumer (leisure, retail, household and consumer goods, food/beverages), industrial (building materials, automotive, manufacturing, chemicals), business services (outsourced services, logistics and transportation, facilities management), and healthcare services and equipment. Motion prefers opportunities located in France, the UK, Germany, and Italy and looks to commit €20 to €80 per transaction. Motion Equity Partners was established in 2001 and is headquartered in Paris.
| Deal Context for Seller | # |
|---|---|
| Overall | 6 of 32 |
| Sector: Financial Services | 1 of 1 |
| Type: Add-on Acquisition | 4 of 17 |
| Country: United Kingdom | 5 of 13 |
| Year: 2004 | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-01-01 |
Gardiner Groupe Europe SAS
Paris, France Gardiner Groupe Europe SAS is a provider of distribution of safety products. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-02-01 |
Aliplast NV
Treviso, Belgium Aliplast NV is a provider of aluminium systems for use in conservatories, windows and doors. Its strategy is built around vertical integration with design, extrusion, painting and thermal insulation of aluminium profiles on the same site. Aliplast was founded in 1982 and is based in Treviso, Belgium. |
Buy | €203M |