M&A Deal Summary

TechStream Group Acquires EarthStream Global

On October 7, 2017, TechStream Group acquired staffing company EarthStream Global from Key Capital Partners

Acquisition Highlights
  • This is TechStream Group’s 1st transaction in the Staffing sector.
  • This is TechStream Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-10-07
Target EarthStream Global
Sector Staffing
Buyer(s) TechStream Group
Sellers(s) Key Capital Partners
Deal Type Add-on Acquisition

Target

EarthStream Global

London, United Kingdom
EarthStream Global Ltd. is an operator of a recruitment business company that supplies specialist workers in the oil & gas, mining & resources, renewable energy, and power & transmission sectors. EarthStream Global is based in London, United Kingdom.

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Buyer(S) 1

Buyer

TechStream Group

London, United Kingdom

Category Company
Founded 2017
Sector Staffing
DESCRIPTION

TechStream Group is an operator of the human capital business. TechStream consists of four portfolio brands each focusing on unique technology streams: CloudStream, EarthStream, AutoStream, and CyberStream. The organization employs over 130 internal sales delivery consultants and support staff with over 300 technology, engineering & digital consultants on client sites. TechStream Group was founded in 2017 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 3
Sector: Staffing M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 3
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-17 Xcede Recruitment Solutions

London, United Kingdom

Xcede Recruitment Solutions offers digital recruitment services by providing opportunities and delivering talent across the four core markets of a digital platform: Creative, Technology, Marketing, and Data Recruitment. Xcede Recruitment Solutions was founded in 2003 and is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

Key Capital Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
PE ASSETS 140M GBP
Size Small
Type Sector Agnostic
DESCRIPTION

Key Capital Partners is a private equity group focused on making smaller investments in profitable, growing, UK-based companies. Key looks to support companies across all sectors, providing £4 to £15 million of equity capital. Prospective transaction situations include management buyouts/buy-ins, development capital needs, acquisition financings, shareholder restructurings, and refinancings. Key Capital Partners was founded in 2007 and is based in Birmingham, UK with additional offices in Leeds and Cambridge.


DEAL STATS #
Overall 7 of 13
Sector: Staffing M&A 2 of 4
Type: Add-on Acquisition M&A Deals 2 of 3
Country: United Kingdom M&A 7 of 13
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-18 Sparta Global

London, United Kingdom

Sparta Global is an independent technology services provider to clients from the finance, mobile, and retail sectors. The company trains graduates in a range of technology skills and then deploys “Spartans” in relevant roles with its clients, plugging the skills gap between university education and technology and business professionals. Its graduates come from a diverse range of backgrounds before being trained in one of the firm’s programs, which cover in-demand technology areas such as data engineering, software engineering, DevOps, and business analysis. Sparta Global was founded in 2014 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-31 Midland Industrial Glass

Smethwick, United Kingdom

Midland Industrial Glass Ltd. has a 75-year heritage providing glass processing solutions to a number of industries including retail interiors, catering equipment and office design throughout the UK and central Europe. With a 76-strong workforce, the company has 55,000sq ft of dedicated manufacturing space at its Downing Street, Birmingham, premises and has recently opened a second 25,000sq ft factory in the city in Booth Street.

Sell -