M&A Deal Summary

VPS Acquires Evander Group

On March 2, 2016, VPS acquired safety/security company Evander Group from LDC and Bridgepoint

Acquisition Highlights
  • This is VPS’s 1st transaction in the Safety/Security sector.
  • This is VPS’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2016-03-02
Target Evander Group
Sector Safety/Security
Buyer(s) VPS
Sellers(s) LDC
Bridgepoint
Deal Type Add-on Acquisition

Target

Evander Group

Oldham, United Kingdom
Evander Group is a provider of glazing and locksmith services for the insurance, home emergency, facilities management and property sectors. Evander Group provides 24-7 response and fulfilment services, making the places where you live and work safe, secure and smart. Evander Group was founded in 1973 and is based in Oldham, United Kingdom.

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Buyer(S) 1

Buyer

VPS

Oldham, United Kingdom

Category Company
Founded 2003
Sector Real Estate
DESCRIPTION

VPS is a provider of vacant property products and services across Europe and the US. VPS provides products and services to both public and commercial customers to maintain and preserve vacant properties and to protect such properties against unauthorized access. VPS was founded in 2003 and is based in Oldham, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (United Kingdom) 2 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-28 Camwatch

Sheffield, United Kingdom

Camwatch is one of the UK’s fastest growing and most innovative CCTV security companies, providing remote monitoring technology and security services to the construction and utilities sectors. Its in-house remote video monitoring centre deters theft using features such as live voice challenges, and provides a robust site security solution at half the cost of manned guarding operations.

Buy -

Seller(S) 2

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.6B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 93 of 202
Sector (Safety/Security) 5 of 7
Type (Add-on Acquisition) 44 of 95
Country (United Kingdom) 90 of 196
Year (2016) 1 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-18 CitySprint

Surrey, United Kingdom

CitySprint is a provider of courier and logistics services to customers. Company streamlines the delivery process, to any sector, from healthcare to high tech, manufacturing to publishing, with right vehicle to suit customers needs in a flexible and versatile fleet, like pushbikes to motorbikes, small and large vans. CitySprint was founded in 2001 and is based in Surrey, United Kingdom.

Buy £175M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-04 Original Additions

London, United Kingdom

Original Additions serves the Retail and Professional markets with its three major beauty brands. Original Additions is a company with many years’ experience within the beauty industry and is dedicated to the development of market-leading products through research and trend analysis to maximize sales potential and consumer demand. With distribution established in 40 countries, we have developed a dynamic business model that enables us to both drive new consumers to our product categories and create brand loyalty.

Sell -
SELLER

Bridgepoint

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 75.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Bridgepoint is a large European private equity firm that invests in middle-market companies across a broad range of industries with an enterprise value of €200 - €1000 million. Prospective transaction situations include buyouts, buy-ins, growth financings, consolidations, and take privates. The firms invest in the range of €75 - €400 million transaction. Bridgepoint Development Capital specializes in investments in businesses valued up to a €150 million, taking equity stakes of between €10 million and €75 million. General sectors of interest include consumer products and services, retail, financial services, healthcare, media, technology, industrials, and business services. Bridgepoint was formed in 1984 and has offices in London, Frankfurt, Luxembourg, Madrid, Milan, Paris, Stockholm and Warsaw.


DEAL STATS #
Overall 59 of 111
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 20 of 39
Country (United Kingdom) 31 of 50
Year (2016) 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-19 Solhagagruppen AB

Stockholm, Sweden

Solhagagruppen is a provider of high-quality, tailored care programmes to over 1,000 service users in more than 110 care facilities. Headquartered in Stockholm, with care facilities in Sweden and Norway, Solhagagruppen offers a broad range of services including adult and children's accommodation, daily activities, schools, diagnostic services and leisure activities.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-19 Adenza

New York, New York, United States

Adenza provides customers with end-to-end, trading, treasury, risk management, and regulatory compliance platforms which can be delivered on-premise or on-cloud. It enables financial institutions to consolidate and streamline their operations with front-to back solutions integrated with data management and reporting, benefitting from a single source of truth across the business. Adenza is based in New York, New York.

Buy -