1. Home >
  2. M&A >
  3. Divestiture >
  4. United Kingdom >
  5. RM Acquires Connect Group - Education & Care Division

M&A Deal Summary

RM Acquires Connect Group - Education & Care Division

On February 7, 2017, RM acquired distribution company Connect Group - Education & Care Division from Smiths News for 64M GBP

Acquisition Highlights
  • This is RM’s 1st transaction in the Distribution sector.
  • This is RM’s 0th largest (disclosed) transaction.
  • This is RM’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2017-02-07
Target Connect Group - Education & Care Division
Sector Distribution
Buyer(s) RM
Sellers(s) Smiths News
Deal Type Divestiture
Deal Value 64M GBP

Target

Connect Group - Education & Care Division

United Kingdom
Connect Group - Education & Care Division is an independent distributor of consumable products to the Education and Care markets, trading through The Consortium and West Mercia Supplies brands. It currently serves over 30,000 customers with an extensive range of over 40,000 products.

Search 214,503 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

RM

Abingdon, United Kingdom
Category Company
Founded 1973
Sector Information Technology
Employees1,644
Revenue 166M GBP (2024)
DESCRIPTION

RM is a provider of educational solutions that help teachers to teach and learners to learn. RM works closely with educationalists to create new products, processes, and technology that improve education. RM was founded in 1973 and is based in Abingdon, England.

DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-20 AMI Education Solutions

Abingdon, United Kingdom

AMI Education Solutions Ltd. is a provider of smart card and biometric software for Education, focussed on cashless catering, and a wide set of applications, all controlled by a single card or finger print, and is a major supplier to the Government new build and academy programme.

Sell -

Seller(S) 1

SELLER

Smiths News

Swindon, United Kingdom
Category Company
Founded 2006
Sector Publishing
Employees1,388
Revenue 1.1B GBP (2024)
DESCRIPTION

Smiths News is a specialist distributor operating in large and diverse markets. The Group has four separate divisions, connecting suppliers to customers in an efficient, knowledgeable, and service-oriented way: Connect News & Media, Connect Parcel Freight, Connect Education & Care, and Connect Books. Smiths News was founded in 2006 and is based in Swindon, England.

DEAL STATS #
Overall 1 of 2
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 2
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-15 Bertram Books

Norwich, United Kingdom

Bertram Books is a book retailer. Bertram Books was founded in 1968 and is based in Norwich, United Kingdom.

Sell -
Mergr

Solution for

Product

Company

Legal