M&A Deal Summary

South Staffordshire Acquires Highway Emergency Services

On July 5, 2002, South Staffordshire acquired safety/security company Highway Emergency Services from ECI Partners for 36M GBP

Acquisition Highlights
  • This is South Staffordshire’s 1st transaction in the Safety/Security sector.
  • This is South Staffordshire’s 0th largest (disclosed) transaction.
  • This is South Staffordshire’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2002-07-05
Target Highway Emergency Services
Sector Safety/Security
Buyer(s) South Staffordshire
Sellers(s) ECI Partners
Deal Type Add-on Acquisition
Deal Value 36M GBP

Target

Highway Emergency Services

United Kingdom
Highway Emergency Services Ltd. is a national emergency installer of glass, frames and locks in the UK.

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Buyer(S) 1

Buyer

South Staffordshire

Walsall, United Kingdom
Category Company
Founded 1853
Sector Utilities
Employees2,300
DESCRIPTION

South Staffordshire is an integrated services group with a highly regarded regulated water supply business covering two separate supply regions (South Staffs Water and Cambridge Water), coupled with the provision of related, non-regulated specialist services within two main divisions, Echo and SSI Services. South Staffordshire was founded in 1853 and is based in Walsall, United Kingdom.

DEAL STATS #
Overall 1 of 3
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (United Kingdom) 1 of 3
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-23 OnSite Central

Worcester, United Kingdom

OnSite Central Ltd. is a wastewater management contracting company and serves construction, transport, industrial, power, and domestic clients, as well as utilities, waterways, and local authorities.

Buy £4M

Seller(S) 1

SELLER

ECI Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1976
PE ASSETS 2.0B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

ECI Partners is a private equity firm focused on the smaller middle-market company that invests in growing businesses valued up to £300m. ECI looks for UK businesses or businesses with a substantial presence in the UK. Funds are generally used to support expansion, acquisitions, management buyouts, buy-ins, turnarounds, and refinancing. Target sectors include IT services, support services, Insurance, and SME services. ECI will not invest in early-stage companies. ECI Partners was formed in 1976 and has offices in London, Manchester, and New York.

DEAL STATS #
Overall 19 of 76
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 10 of 39
Country (United Kingdom) 18 of 70
Year (2002) 1 of 1
Size (of disclosed) 22 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-31 Casual Dining Group

London, United Kingdom

Casual Dining Group is an independent restaurant company comprised of over 140 restaurants trading as Bella Italia, Café Rouge, and Las Iguanas. Its restaurants are located across the country, from Aberdeen to Plymouth, employing almost 8000 people and serving 20 million meals each year. Casual Dining was formed in 2002 and is based in London.

Buy £25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-26 Holiday Autos Group

Woking, United Kingdom

Holiday Autos Group Ltd. is a provider of holiday car rental business.

Sell £40M
Mergr

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