M&A Deal Summary

The Carlyle Group and Palatine Private Equity Acquire Anthesis Group

On June 30, 2023, private equity firms The Carlyle Group and Palatine Private Equity acquired business services company Anthesis Group from Palatine Private Equity

Acquisition Highlights
  • This is The Carlyle Group’s 33rd and Palatine Private Equity’s 10th transaction in the Business Services sector.
  • This is The Carlyle Group’s 53rd and Palatine Private Equity’s 49th transaction in the United Kingdom.

M&A Deal Summary

Date 2023-06-30
Target Anthesis Group
Sector Business Services
Buyer(s) The Carlyle Group
Palatine Private Equity
Sellers(s) Palatine Private Equity
Deal Type Secondary Buyout

Target

Anthesis Group

London, United Kingdom
Anthesis Group is a global sustainability consultancy and delivery partner providing best-in-class environmental, social and commercial sustainability strategies and solutions. Anthesis Group is based in London, United Kingdom.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

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 736 of 744
Sector (Business Services) 33 of 34
Type (Secondary Buyout) 127 of 130
Country (United Kingdom) 53 of 53
Year (2023) 6 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-30 United Road Services

Romulus, Michigan, United States

United Road Services is a provider of vehicle transport and logistics in North America. United Road serves 10,000-plus diverse customers including manufacturers, retailers, finance and leasing companies, rental agencies, auctions, web-based logistics firms and individuals transporting millions of new, remarketed and specialty vehicles annually. United Road Services was founded in 1998 and is based in Romulus, Michigan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-03 NEVERHACK

Guyancourt, France

NEVERHACK is a provider of IT and cybersecurity services. NEVERHACK will serve large private groups and government agencies to provide solutions for their critical security needs and will offer an e-learning platform aimed at upskilling or reskilling IT, network and cyber professionals. NEVERHACK is based in Guyancourt, France.

Buy -
Buyer

Palatine Private Equity

Manchester, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 570M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Palatine Private Equity is a UK based private equity firm focused on investing in businesses valued up to £50 million. The Firm generally looks to fund profitable, cash-generative companies with strong management teams and established market positions, however, Palatine will also consider turnaround situations. Target sectors include retail/leisure, business outsourcing, financial services, healthcare, and niche manufacturing. Prospective transaction types include management buyouts/buy-ins, consolidations, growth capital financings, and restructurings. Palatine was originally formed as Zeus Private Equity in 2005. The Firm has offices in Bristol, Manchester, and London.


DEAL STATS #
Overall 49 of 52
Sector (Business Services) 10 of 13
Type (Secondary Buyout) 11 of 12
Country (United Kingdom) 49 of 52
Year (2023) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-20 Roydon Recycling

Swinton, United Kingdom

Roydon Recycling is a waste management and recycling services provider. Roydon Recycling is based in Swinton, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-28 BK Plus

Walsall, United Kingdom

BK Plus provides ideas, sourcing funding/investments to kickstart business to develop strategic growth plans or exit strategies for SME, OMB, and Entrepreneurial businesses. BK Plus is based in Walsall, United Kingdom.

Buy -

Seller(S) 1

SELLER

Palatine Private Equity

Manchester, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 570M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Palatine Private Equity is a UK based private equity firm focused on investing in businesses valued up to £50 million. The Firm generally looks to fund profitable, cash-generative companies with strong management teams and established market positions, however, Palatine will also consider turnaround situations. Target sectors include retail/leisure, business outsourcing, financial services, healthcare, and niche manufacturing. Prospective transaction types include management buyouts/buy-ins, consolidations, growth capital financings, and restructurings. Palatine was originally formed as Zeus Private Equity in 2005. The Firm has offices in Bristol, Manchester, and London.


DEAL STATS #
Overall 23 of 25
Sector (Business Services) 3 of 4
Type (Secondary Buyout) 13 of 15
Country (United Kingdom) 23 of 25
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-20 Roydon Recycling

Swinton, United Kingdom

Roydon Recycling is a waste management and recycling services provider. Roydon Recycling is based in Swinton, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-28 BK Plus

Walsall, United Kingdom

BK Plus provides ideas, sourcing funding/investments to kickstart business to develop strategic growth plans or exit strategies for SME, OMB, and Entrepreneurial businesses. BK Plus is based in Walsall, United Kingdom.

Buy -