M&A Deal Summary |
|
|---|---|
| Date | 2020-11-09 |
| Target | Compleat Food Group |
| Sector | Food |
| Buyer(s) | PAI Partners |
| Sellers(s) |
LDC
Equistone |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 28.0B EUR |
| Size | Mega |
| Type | Sector Agnostic |
PAI Partners is a European private equity firm that makes controlling equity investments in buyout transactions valued in excess of €300 million. PAI is particularly interested in 'investing in consolidating sectors and in markets where growth can be sustained through economic and financial market cycles.' Sectors of interest include consumer retail, professional distribution, building materials, infrastructure and utilities, media, IT, communications, food, consumer goods, healthcare, chemicals, automotive, aeronautics, paper & packaging, electrical appliances, and household equipment (heating, air-conditioning, security). The firms invest in the range of €100 - €300 million transaction. PAI was formed in 1998 and is based in Paris with additional offices in Madrid, Milan, Munich, Luxembourg, Copenhagen, and London.
| DEAL STATS | # |
|---|---|
| Overall | 70 of 95 |
| Sector: Food M&A | 14 of 19 |
| Type: Secondary Buyout M&A Deals | 28 of 47 |
| Country: United Kingdom M&A | 12 of 15 |
| Year: 2020 M&A | 5 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-09 |
Angulas Aguinaga
Gipuzkoa, Spain Angulas Aguinaga specializes in the production and sale of value-added fish products; ready-to-eat and refrigerated. Angulas Aguinaga was established in 1974 and is based in Gipuzkoa, Spain. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-20 |
Grand Frais
Givors, France Grand Frais is a fresh food retail specialist, offering under one roof an extensive selection of quality fresh products (fruits & vegetables, seafood, meat, dairy and grocery). Grand Frais was founded in 1992 and is based in Givors, France. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 3.9B GBP |
| Size | Large |
| Type | Sector Agnostic |
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 | 153 of 210 |
| Sector: Food M&A | 5 of 7 |
| Type: Secondary Buyout M&A Deals | 52 of 77 |
| Country: United Kingdom M&A | 147 of 204 |
| Year: 2020 M&A | 8 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-09 |
Addo Food Group
Nottingham, United Kingdom Addo Food Group is a food company specializing in chilled savory foods, including pork pies, quiche, savory pies, sausage rolls, pasties, slices, and Scotch eggs. The company produces including sausage rolls, scotch eggs, and pies for some of the UK’s best-known brands, such as Pork Farms, Wall’s, Bowyers and Millers Bakery. Addo Food Group was founded in 1786 and is based in Nottingham, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-10 |
Babble
London, United Kingdom Babble is a specialist communications technology provider that supports around 2,000 medium-sized companies operating in a wide range of sectors including financial, health and education, travel and accommodation, and public services. Its integrated communications proposition enables clients to improve efficiency, enhance customer service, increase revenue, reduce costs, and remain secure in the digital world. Babble was founded in 2001 and is based in London, United Kingdom. |
Sell | £90M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 9.6B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Equistone is a private equity firm that invests in small to mid-sized companies valued from €50 to €500 million. Equistone targets companies operating in the fields of services, healthcare, financial services, and consumer/travel. The Firm looks to invest €25 to €200 million in a variety of transactions, including buyouts, growth capital financings, recapitalizations, and take privates. Equistone was formed in 1997 and is based in London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 171 of 206 |
| Sector: Food M&A | 7 of 7 |
| Type: Secondary Buyout M&A Deals | 81 of 96 |
| Country: United Kingdom M&A | 76 of 84 |
| Year: 2020 M&A | 8 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-09 |
Winterbotham Darby
Redhill, United Kingdom Winterbotham Darby is a supplier of chilled foods to UK supermarket chains. Through strategic own-label relationships with retailers and an exciting portfolio of brands, the team has a long-established record of creating, growing, and leading categories. Winterbotham Darby was formed in 1962 and is based in Redhill, United Kingdom. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-19 |
Eschenbach Optik
Nurnberg, Germany Eschenbach Optik GmbH is a supplier of spectacle frames & sunglasses and a manufacturer of vision aids, optical equipment & components. |
Sell | €95M |
