M&A Deal Summary |
|
|---|---|
| Date | 2014-02-10 |
| Target | Leasedrive Velo |
| Sector | Business Services |
| Buyer(s) | Zenith |
| Sellers(s) | HgCapital |
| Deal Type | Merger |
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Zenith is a provider of leasing, fleet management, and vehicle outsourcing in the United Kingdom. Zenith offers two primary products: Contract Hire and Leasing (‘CHL’), which leases fleets of vehicles to the corporate market, and Salary Sacrifice, through which employers offer vehicles as an optional benefit to their employees. Zenith was founded in 1989 and is based in Leeds, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 70.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 97 |
| Sector: Business Services M&A | 4 of 9 |
| Type: Merger M&A Deals | 1 of 5 |
| Country: United Kingdom M&A | 23 of 47 |
| Year: 2014 M&A | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-10 |
Relay Software
Antrim, Ireland Relay Software Ltd. is a provider of software to insurance brokers, underwriters and insurers in the Republic of Ireland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-26 |
Bench
Manchester, United Kingdom Bench Ltd. is a company involved in distribution of women's, men's and kid's clothing and accessories. |
Sell | - |
