M&A Deal Summary

STAR Capital Partnership Acquires GSLS

On March 30, 2018, private equity firm STAR Capital Partnership acquired transportation company GSLS from The Carlyle Group

Acquisition Highlights
  • This is STAR Capital Partnership’s 4th transaction in the Transportation sector.
  • This is STAR Capital Partnership’s 1st transaction in Ireland.

M&A Deal Summary

Date 2018-03-30
Target GSLS
Sector Transportation
Buyer(s) STAR Capital Partnership
Sellers(s) The Carlyle Group
Deal Type Secondary Buyout

Target

GSLS

Dublin, Ireland
GSLS provides a comprehensive cash logistics service, including cash in transit services, cash processing and the supply of notes and coins to an array of businesses. GSLS was founded in 2004 and is based in Dublin, Ireland.

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Buyer(S) 1

Buyer

STAR Capital Partnership

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 2.5B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

STAR Capital Partners is a private equity firm that seeks investments in capital intensive businesses operating in Western Europe. STAR looks to invest in companies valued between EUR50 million and EUR1 billion. The Firm will consider opportunities in many industries, however, the Firm's primary emphasis is on businesses operating in the oil & gas, transport, utilities, telecommunications and healthcare sectors. STAR Capital was formed in 1999 and is based in London.


DEAL STATS #
Overall 20 of 33
Sector: Transportation M&A 4 of 6
Type: Secondary Buyout M&A Deals 2 of 6
Country: Ireland M&A 1 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-14 MPC Container Ships

Oslo, Norway

MPC Container Ships is a container ship company specializing in serving intra-regional trade lanes, owning and operating one of the largest feeder fleets globally. MPC Container was founded in 2017 and is based in Oslo, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-13 ASL Aviation Holdings

Dublin, Ireland

ASL Aviation Group is a provider of aviation services. ASL’s airlines operate scheduled and charter flights under their own brands and operate passenger and cargo networks on behalf of major international customers including express freight integrators and passenger airlines. ASL Aviation Group is based in Dublin, Ireland.

Buy -

Seller(S) 1

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


DEAL STATS #
Overall 351 of 488
Sector: Transportation M&A 9 of 15
Type: Secondary Buyout M&A Deals 75 of 119
Country: Ireland M&A 2 of 7
Year: 2018 M&A 8 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-28 Brand Group Holdings

Lawrenceville, Georgia, United States

Brand Group Holdings Inc. is the $1.3 billion bank holding company for The Brand Banking Company, a full service bank serving the needs of individuals and businesses in Gwinnett County, Georgia and North Metro Atlanta. As of December 31, 2017, Brand had approximately $2.4 billion in total assets, approximately $1.9 billion in total loans (excluding mortgage loans held for sale) and approximately $1.9 billion in total deposits.

Sell $453M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-05 Accolade Wines

Reynella, Australia

Accolade Wines is a global wine company with brands sold in over 80 countries including Australia, the UK, Mainland Europe, the US, Canada, Japan and China. Accolade Wines is based in Reynella, Australia.

Buy AU$1.0B