M&A Deal Summary

State Oil Acquires Harvest Energy

On June 26, 2015, State Oil acquired retailer Harvest Energy from Ion Equity

Acquisition Highlights
  • This is State Oil’s 1st transaction in the Retail sector.
  • This is State Oil’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2015-06-26
Target Harvest Energy
Sector Retail
Buyer(s) State Oil
Sellers(s) Ion Equity
Deal Type Add-on Acquisition

Target

Harvest Energy

London, United Kingdom
Harvest Energy Ltd. is an independent blender and supplier of road fuels and now aspires to be market leader in the forecourt branding of independent retailers. The company is recognised for developing and supplying competitively priced standard grade, environmental and bio road fuels. It has a national fuel bunkering service and delivers and supplies premium fuels 24/7.

Search 214,557 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

State Oil

Weybridge, United Kingdom

Category Company
Founded 2000
Sector Retail
DESCRIPTION

State Oil Ltd. is an independent trading, storage, distribution and retail conglomerate dealing in petroleum products and biofuels.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Ion Equity

Dublin, Ireland

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Ion Equity is a private equity firm focused on making investments in UK and Ireland based cash-flow businesses with strong assets. Ion seeks companies valued from €50 to €500 million and will consider funding acquisitions, buyouts, recapitalizations, take privates, and restructurings. Ion Equity is a generalist investor, however the firm has a strong interest in energy, services, retail, media, and property related businesses. Ion Equity maintains offices in London and Dublin.


DEAL STATS #
Overall 4 of 5
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 3
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-14 Southwestern Business Process Services

Clonakilty, Ireland

SouthWestern is the business process outsourcing provider in Ireland. It provides finance, administrative and customer relationship services to a variety of Irish government agencies and leading private sector companies.

Sell €35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-16 Ocean Media Group

London, United Kingdom

Ocean Media Group publish a number of leading magazines, operate a wide range of very successful consumer and trade exhibitions - both in the UK and across continental Europe - and organise numerous conferences, awards ceremonies and other face to face events. The company also have a growing reputation for our related web sites. Ocean Media Group is based in London, United Kingdom.

Sell -