M&A Deal Summary

Turner and Townsend Acquires Mentor Management

On February 6, 2018, Turner and Townsend acquired real estate company Mentor Management from Actis Capital

Acquisition Highlights
  • This is Turner and Townsend’s 1st transaction in the Real Estate sector.
  • This is Turner and Townsend’s 1st transaction in Kenya.

M&A Deal Summary

Date 2018-02-06
Target Mentor Management
Sector Real Estate
Buyer(s) Turner and Townsend
Sellers(s) Actis Capital
Deal Type Add-on Acquisition

Target

Mentor Management

Nairobi, Kenya
Mentor Management provides services that include project management, construction management, procurement, programming and planning, budget preparation and control, construction supervision and quality control. Mentor Management is based in Nairobi, Kenya.

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Buyer(S) 1

Buyer

Turner and Townsend

Leeds, United Kingdom

Category Company
Founded 1946
Sector Business Services
Revenue 665M GBP (2021)
DESCRIPTION

Turner and Townsend is an independent professional services company specializing in program management, project management, cost and commercial management, and advisory services across the real estate, infrastructure, and natural resources sectors. Turner and Townsend was founded in 1946 and is based in Leeds, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Kenya) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

Actis Capital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 24.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Actis Capital is a private equity firm focused on investments in emerging markets. Actis segments its investment activity into three areas. These include private equity, energy, and real estate. Actis' private equity team looks for buyout and growth capital opportunities requiring at least $50 million in financing. Depending on the situation, Actis will consider both controlling and minority investment situations. Sectors of interest include financial services, consumer and retail, business services, and industrial. Actis' energy group seeks to invest in in a variety of energy and utility projects. Actis' real estate team invests equity capital in office, residential, industrial, hotel and retail projects. Actis Capital was established in 2004 and is based in London.


DEAL STATS #
Overall 64 of 81
Sector (Real Estate) 2 of 2
Type (Add-on Acquisition) 30 of 41
Country (Kenya) 1 of 1
Year (2018) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-25 Pelicano

Santiago, Chile

Pelicano is a renewable energy producer that seeks to provide clean, sustainable energy responsibly. Pelicano is based in Santiago, Chile.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-03 Beijing Chemclin Biotech

Beijing, China

Beijing Chemclin Biotech Co. Ltd. is a manufacturer of IVD products. In particular, it focuses on Chemiluminescence Immunoassay (CLIA) technology, which is gradually replacing other types of less advanced immunoassay IVD.

Sell $150M