M&A Deal Summary

Tnui Capital Acquires Busaba

On July 6, 2020, distressed investor Tnui Capital acquired restaurant Busaba from Phoenix Equity Partners

Acquisition Highlights
  • This is Tnui Capital’s 1st transaction in the Restaurants sector.
  • This is Tnui Capital’s 5th transaction in the United Kingdom.

M&A Deal Summary

Date 2020-07-06
Target Busaba
Sector Restaurants
Buyer(s) Tnui Capital
Sellers(s) Phoenix Equity Partners
Deal Type Secondary Buyout

Target

Busaba

London, United Kingdom
Busaba’s restaurants provides traditional Thai food served in stylish surroundings. Busaba was founded in 1999 and is based in London, United Kingdom.

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Buyer(S) 1

DESCRIPTION

Tnui Capital is an investment firm focused on complex situations. The Firm looks to invest £250K to £50 million to support buyouts, non-core acquisitions or financial restructurings of UK-based businesses in need of transformation.Tnui Capital was formed in 2011 and is headquartered in Chislehurst, England.


DEAL STATS #
Overall 5 of 5
Sector: Restaurants M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: United Kingdom M&A 5 of 5
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 Shoon

Wells, United Kingdom

Shoon brings well-made, well-designed shoes, womenswear, and accessories. Shoon is based in Wells, United Kingdom.

Sell -

Seller(S) 1

SELLER

Phoenix Equity Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 1.5B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Phoenix Equity Partners is a mid-market private equity firm that funds management buyouts and buy-ins, and provides expansion capital for UK-based companies. Phoenix looks for opportunities valued up to £200 million. Target sectors include consumer, leisure, retail, financial services, healthcare, education, media, transportation/logistics, and business services. Phoenix Equity Partners was formed in 2001 and is based in London.


DEAL STATS #
Overall 36 of 45
Sector: Restaurants M&A 3 of 3
Type: Secondary Buyout M&A Deals 19 of 22
Country: United Kingdom M&A 34 of 43
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-20 Redington

London, United Kingdom

Redington is a provider of framework-based, outcome-oriented investment advice, research, and technology to some of the largest institutional investors in the UK, Europe, and China. Redington was established in 2006 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-20 Mobius Life

London, United Kingdom

Mobius Life is a life insurance company that offers clients access to an investment platform operating within a life company structure, supported by a wide range of investment services. Mobius Life was established in 1996 and is based in London, United Kingdom.

Buy -