M&A Deal Summary

Palatine Private Equity Acquires Suntera Group

On February 8, 2019, private equity firm Palatine Private Equity acquired financial services company Suntera Group

Acquisition Highlights
  • This is Palatine Private Equity’s 4th transaction in the Financial Services sector.
  • This is Palatine Private Equity’s 31st transaction in the United Kingdom.

M&A Deal Summary
Date 2019-02-08
Target Suntera Group
Sector Financial Services
Buyer(s) Palatine Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Suntera Group

Wembley, United Kingdom
Suntera Global is a multi-jurisdictional provider of corporate, fund, and private client services. Each division consists of a joined-up, international team of experts providing a jurisdictionally agnostic suite of specialist services. Suntera Global was formed in 1980 and is based in Wembley, United Kingdom,

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Buyer(S) 1

Buyer

Palatine Private Equity

Manchester, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 570M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Palatine Private Equity is a UK based private equity firm focused on investing in businesses valued up to £50 million. The Firm generally looks to fund profitable, cash-generative companies with strong management teams and established market positions, however, Palatine will also consider turnaround situations. Target sectors include retail/leisure, business outsourcing, financial services, healthcare, and niche manufacturing. Prospective transaction types include management buyouts/buy-ins, consolidations, growth capital financings, and restructurings. Palatine was originally formed as Zeus Private Equity in 2005. The Firm has offices in Bristol, Manchester, and London.

DEAL STATS #
Overall 31 of 52
Sector (Financial Services) 4 of 4
Type (Buyout (LBO, MBO, MBI)) 17 of 21
Country (United Kingdom) 31 of 52
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-07 Herbert T Forrest

Preston, United Kingdom

Herbert T Forrest Ltd. is a provider of construction, refurbishment, and energy services across the north of England. Herbert T Forrest was founded in 1955 and is based in Preston, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-22 Lucion Services

Gateshead, United Kingdom

Lucion Services is a multidisciplinary risk management group focused on hazardous materials, with a market-leading presence in the compliance market. Lucion works with its clients to achieve full compliance with UK occupational safety and environmental regulations. Lucion Services was established in 2002 and is based in Gateshead, United Kingdom.

Buy -
Mergr

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