Deal barometer

The following deals have all taken place during the last few months, covering the full breadth of the wider  marketplace.

If you would like to discuss how Norman Broadbent can help your business, please contact Kristian Lee on kristian.lee@normanbroadbentinterim.com or +44 (0)  20 7484 0119

 

  • Beringea has led a £9 million investment in AccessPay, the Manchester-based fin-tech company providing money transfer and fraud prevention technologies for corporate clients.
  • Synova Capital sold insurance broker Stackhouse Poland to Arthur J Gallagher for around £275 million, generating a 5.6x return on its initial investment in 2014,
  • Seafood restaurant chaIn Rockfish, operating in the South West of England, has received a multimillion-pound investment from Gresham House with the aim of tripling the number of restaurants over the next four years.
  • Investment funds including Apollo have sold hot tub manufacturer Jacuzzi to Italian PE firm Investindustrial for an undisclosed sum. The company reported sales of £388 million in 2018
  • Edition Capital has announced its second investment in London-based Hotpod Yoga, Europe’s largest yoga business. The deal secures £1.6m to support the next stage of Hotpod’s expansion and franchise development. Investment is being made through Edition EIS, a high-growth portfolio service focused on Leisure opportunities.
  • YYX Capital has purchased London-based Mahabis, rescuing the luxury slippers brand from administration. In 2016 – 2017, Mahabis took in sales of £25 million and profits of £2.5 million;
  • Beringea has a led a £6.5 million investment in Exonar, a data privacy and cyber security company, alongside existing investors Downing Ventures, Amadeus Capital Partners and Winton Ventures
  • Augmentum Fintech has announced a £4 million investment into Farewell, a start-up that enables UK customers to write and manage their own will online
  • Goldman Sachs has taken a stake in UK digital wealth manager Nutmeg as part of a £45 million funding round.
  • Acuris, the owner of Mergermarket, is reported to have attracted interest from US and European private equity groups after putting the financial information service business up for sale following a valuation of more than £1 billion,