M&A Deal Summary

Sun Capital Partners Acquires Bellrock Property & Facilities Management

On November 2, 2021, private equity firm Sun Capital Partners acquired business services company Bellrock Property & Facilities Management from Horizon Capital UK and Ardian

Acquisition Highlights
  • This is Sun Capital Partners’ 5th transaction in the Business Services sector.
  • This is Sun Capital Partners’ 25th transaction in the United Kingdom.

M&A Deal Summary

Date 2021-11-02
Target Bellrock Property & Facilities Management
Sector Business Services
Buyer(s) Sun Capital Partners
Sellers(s) Horizon Capital UK
Ardian
Deal Type Secondary Buyout

Target

Bellrock Property & Facilities Management

Leicester, United Kingdom
Bellrock Property & Facilities Management supplies a range of managed facilities and property services under long-term contracts to a blue-chip client-base spanning the healthcare, education, corporate and retail sectors. Bellrock Property & Facilities Management was founded in 1995 and is based in Leicester, United Kingdom.

Search 214,238 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

Sun Capital Partners

Boca Raton, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 13.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Sun Capital's corporate headquarters in Boca Raton, Florida.
Sun Capital's corporate headquarters in Boca Raton, Florida.

Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 162 of 172
Sector: Business Services M&A 5 of 7
Type: Secondary Buyout M&A Deals 39 of 45
Country: United Kingdom M&A 25 of 26
Year: 2021 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-21 Arrow Tru-Line

Archbold, Ohio, United States

Arrow Tru-Line is a manufacturer of hardware for residential and commercial overhead garage doors. Arrow Tru-Line offers an extensive array of garage door hardware including horizontal and vertical tracks, center bearing supports, hinges, struts, torsion tubes, rollers, brackets and cable assemblies. Arrow Tru-Line was founded in 1970 and is based in Archbold, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Ames Taping Tools

Duluth, Georgia, United States

Ames Taping Tools is a designer, manufacturer, rents, and sells specialized construction equipment used for taping and finishing drywall. Ames Taping Tools was founded in 1939 and is based in Duluth, Georgia.

Sell $213M

Seller(S) 2

SELLER

Horizon Capital UK

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 800M GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Horizon Capital UK is a private equity firm that targets investments in middle-market companies valued up to £100 million. The Firm has a preference for UK-headquartered businesses and will consider opportunities in the technology services, software, data/analytics, and business services sectors. Prospective transaction situations include buyouts with potential for consolidation. Horizon Capital UK was formed in 1999 and is based in London, United Kingdom.


DEAL STATS #
Overall 24 of 30
Sector: Business Services M&A 3 of 4
Type: Secondary Buyout M&A Deals 9 of 11
Country: United Kingdom M&A 22 of 27
Year: 2021 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-29 Liaise Group

London, United Kingdom

Liaise Group supports adults with learning disabilities, mental health needs, and challenging behaviors. In the five years since its inception, the company has developed 10 purpose-built care units with a total of 68 beds across seven company-owned sites. Liaise Group was founded in 2001 and is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 Dains Accountants

Birmingham, United Kingdom

Dains Accountants provides essential services to 4,000 fast-growth businesses, international companies, and high net worth individuals helping clients achieve their goals through award-winning audit, tax, business advisory, and support services. Dains Accountants was formed in 1926 and is based in Birmingham, United Kingdom.

Buy -
SELLER

Ardian

Paris, France

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 127.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Ardian is a mega-sized diversified investment group focused on opportunities worldwide. Ardian invests across and manages funds focused on small and mid-sized buyouts, growth capital financings, mezzanine, infrastructure, real estate, and co-investment opportunities. Ardian's small-buyouts group targets controlling interests in French, German, and Italian businesses valued up to €100 million. It's mid-sized buyout group seeks businesses valued up €1.5 billion and does not have any geographic limitations. The Infrastructure team looks for European opportunities and can commit up to €1 billion per transaction. The Mezzanine group supports junior capital commitments of €5 to €80 million. In addition to direct investing, Ardian also manages various private equity fund-of-funds. Ardian was founded in 1996 and is based in Paris.


DEAL STATS #
Overall 205 of 247
Sector: Business Services M&A 16 of 20
Type: Secondary Buyout M&A Deals 77 of 92
Country: United Kingdom M&A 13 of 16
Year: 2021 M&A 14 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Strategie Media Conseil

France

Strategie Media Conseil develops two digital real estate classifieds platforms: Maisons & Appartements, a high-quality housing and Residences Immobilier, a luxury real estate. Initially specializing in real estate media, the Group has established its digital presence becoming one of the prominent digital real estate classifieds platforms. Strategie Media Conseil was founded in 1994 and is based in France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-08 Groupe RG

Saint-Priest, France

Groupe RG is a specialized distributor of Personal Protective Equipment (PPE). The group distributes a wide range of products (35,000 references) covering 6 main protection fields: Head, Hand, Foot, Body, Breathing, and Hygiene & Safety in the working environment. Groupe RG was founded in 1987 and is based in Saint-Priest, France.

Buy -