Buyout (LBO, MBO, MBI) • Financial Services

Penta Capital and Souter Investments Limited Acquire Amber River

On November 1, 2019, private equity firm Penta Capital and family office Souter Investments Limited acquired financial services company Amber River

Acquisition Context
  • This is Penta Capital’s 2nd and Souter Investments Limited’s 2nd transaction in the Financial Services sector.
  • This is Penta Capital’s 25th and Souter Investments Limited’s 19th transaction in the United Kingdom.

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M&A Deal Summary

Date November 1, 2019
Target Amber River
Sector Financial Services
Buyer(s) Penta Capital
Souter Investments Limited
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Amber River

London, United Kingdom
Amber River is a consolidator of the highly fragmented financial advice market. Amber River's aim is to create a national Independent Financial Advice business of scale, delivering best-in-class advice, superior service, and value for money for customers. Amber River is based in London, United Kingdom.
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Buyers Overview 2

Buyer

Penta Capital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Penta Capital is a mid-market private equity firm that concentrates on later-stage investment opportunities throughout the UK and Ireland. Penta looks to invest between £5 and £200 million. Sectors of interest include leisure, consumer products/services, and business services. The Firm generally looks to support growth capital needs, as well as management buyouts/buy-ins. Penta Capital was formed in 1999 and maintains offices in London and Glasgow.


Deal Context for Buyer #
Overall 27 of 29
Sector: Financial Services 2 of 2
Type: Buyout (LBO, MBO, MBI) 17 of 18
Country: United Kingdom 25 of 27
Year: 2019 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-06 CellPoint Digital

London, United Kingdom

CellPoint Digital is a mobile payment technology company. CellPoint Mobile provides payment solutions, platform architecture, and technologies that can help your airline regain control of the payments ecosystem. CellPoint Digital was founded in 2007 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-03 GRP Group

London, United Kingdom

GRP Group is an independent insurance intermediary. GRP operates retail broking, specialist MGA, network, and Lloyd’s businesses, enabling the Group to serve the growing insurance and risk management needs of its clients. GRP Group was founded in 2013 and is based in London, United Kingdom.

Sell -
DESCRIPTION

Souter Investments is a family office focused on private equity investing throughout the UK. The Firm looks to commit £2 to £30 million to support a variety of transaction situations including buyouts, growth capital financings, corporate divestitures, and balance sheet restructurings. Broad areas of interest include transportation, luxury goods, financial services, healthcare, and business services. Souter Investments was established in 2008 and is based in Edinburgh, Scotland.


Deal Context for Buyer #
Overall 22 of 48
Sector: Financial Services 2 of 2
Type: Buyout (LBO, MBO, MBI) 6 of 14
Country: United Kingdom 19 of 42
Year: 2019 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-25 Clive Christian

London, United Kingdom

Clive Christian is a luxury goods business with a focus on perfume and furniture. Clive Christian was founded in 1978 and is based in London.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 Stone Group

Staffordshire, United Kingdom

Stone Group is a provider of Circular IT solutions for education institutions, as well as public and private sector organizations. Stone Group was founded in 1991 and is based in Staffordshire, United Kingdom.

Buy -