uk & ireland - Unquote
uk & ireland - Unquote
uk & ireland - Unquote
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9<br />
DEALS<br />
unquote.com/<strong>uk</strong><br />
1984 and employs 90 people. In 2011, the company recorded £16m<br />
in revenues.<br />
care. The all-equity deal value was estimated to be in excess<br />
of £25m.<br />
NBGI backs MBO of ATR Group<br />
NBGI HAS backed the<br />
management buyout of rental<br />
services business to the oil &<br />
gas industry ATR Group from<br />
Maven Capital Partners.<br />
The equity and debt package<br />
totalling more than £20m<br />
includes a significant capital<br />
allocation to fund the organic<br />
NAME<br />
ATR<br />
DEAL<br />
SBO<br />
LOCATION<br />
Aberdeen<br />
SECTOR Industrial machinery<br />
TURNOVER £17m<br />
STAFF 100<br />
VENDOR Maven Capital Partners<br />
RETURNS 1.7x<br />
www.unquote.com/2156422<br />
and acquisitive growth of the business. Clydesdale Bank provided senior<br />
debt and capital expenditure funding.<br />
ATR’s existing management team, led by Keith Moorhouse (who<br />
reinvested), will remain at the helm alongside newly appointed chief<br />
financial officer Euan Leask.<br />
In 2007, Maven backed the BIMBO of ATR, providing £3.9m of<br />
equity. It reaped a 1.7x multiple following the sale.<br />
ADVISERS<br />
Vendor – Berwin Leighton Paisner LLP (Legal); Hazelwood (Corporate finance).<br />
Acquirer – Wragges & Co (Legal); Ernst & Young (Financial due diligence).<br />
FF&P backs MBO of CreditCall<br />
FF&P AND Bestport Ventures<br />
have taken a majority stake in<br />
British payment technology<br />
business CreditCall.<br />
Following the transaction,<br />
management hopes to branch out<br />
NAME<br />
CreditCall<br />
DEAL<br />
MBO<br />
VALUE<br />
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