The company finance crew of enterprise advisory agency Quantuma has accomplished a record-breaking eight transactions in the last fortnight. Happening in fast succession, the majority of the offers came about in the South of England, particularly London, Oxfordshire and Reading.
Quantuma includes a 250-strong crew, working throughout 22 areas round the UK and in chosen offshore centres in Cyprus, Mauritius, and the Cayman Islands. In August last 12 months Quantuma merged with K3 Capital Group, additional enhancing its company finance functionality – one thing which has helped it’s company finance crew full a record-breaking eight transactions over simply two weeks at the begin of 2021, at a mixed worth of over £130 million.
Mark Lucas, Corporate Finance Lead throughout the K3 Group, commented, “Quantuma has gone from strength-to-strength in the last 12 months and, following our merger with K3 Capital Group last 12 months, we’ve added additional depth to our company finance providing. I used to be delighted to see KBS recognised as the most energetic adviser in the South East in 2020 and these eight offers additional underline that standing for the Group in the first few months of 2021. Across the K3 Group we’re persevering with to take a position in our skill to assist companies throughout all areas and sectors by way of important durations of change.”
Happening in fast succession, the majority of the offers came about in the South of England, particularly London, Oxfordshire and Reading. Exits have been a reoccurring theme all through the transactions, with the newest deal introduced together with the acquisition of digital content material platform and writer Dezeen by Danish media firm JP/Politiken Media Group.
The important cross-border deal introduced in early March noticed the Quantuma crew advise on the acquisition of Dezeen. The Danish media group is dedicated to social duty and believes that journalism is important to democracy. A shared perception in these ideas was a key cause for the deal. New proprietor JP/Politiken Media Group is a non-public belief that exists to “equip residents with information and information that make them higher in a position to take an energetic half in a democratic society”. It is considered one of the largest media teams in Denmark, proudly owning a number of nationwide newspapers and plenty of different titles, nevertheless it permits every to observe its personal impartial path.
Elsewhere, Quantuma labored on the sale of Collaborative Project Management Services (CPMS) to French engineering group Egis, which noticed YFM Equity Partners exit the enterprise.CPMS was established in 2012 as a specialist mission administration enterprise, rapidly thereafter changing into a lead service supplier in this discipline, whereas Egis is a €1.22 billion turnover development engineering and mobility providers group which operates worldwide and has a worldwide workforce of 15,800 workers.
Quantuma additionally suggested a partial shareholder exit {of professional} providers supplier of Microsoft id and cyber safety options ThirdSpace, which additionally included an funding from TiG, backed by BGF. TiG, considered one of the UK’s main Cloud, Data Analytics and Managed Services suppliers to the monetary providers sector, acquired ThirdSpace, a UK-based supplier of Microsoft Identity and Cyber Security options, in order to create a mixed proposition which delivers a completely complete suite of providers based mostly on Microsoft know-how, for organisations that demand safe trendy working and digital transformation.
At the similar time, administration buyouts (MBOs) backed by personal fairness additionally proved a well-liked exit technique in current weeks, with Quantuma advising on the disposal of amenities administration enterprise Pareto FM in an £18 million MBO supported by NVM Private Equity.The enterprise has carried out strongly throughout the Covid-19 pandemic, just lately securing a number of excessive profile contract wins with international know-how, media and software program companies.
Meanwhile, Quantuma additionally suggested on the MBO of knowledge and community safety specialist Phoenix Datacom, backed by personal fairness big LDC. The partnership with LDC will assist the present administration crew – led by Managing Director, John Carson – to broaden Phoenix Datacom’s suite of {hardware} and software program merchandise and associated providers to assist its enterprise clients additional improve their cyber-security. LDC’s backing may even assist the crew to discover complementary acquisitions.
Led by managing director Ian Barton, the crew additionally accomplished the disposal of compliance coaching consultancy Compliancy Services to an MBO backed by Ethos Partners. Ethos Partners is a non-public funding workplace arrange by personal fairness professionals to take a position their very own capital alongside refined, excessive internet value traders into high quality, smaller personal fairness transactions.
Ian Barton, Managing Director at Quantuma and the lead advisor for many of the offers, mentioned, “This has been the busiest interval that Quantuma has ever had for finishing company finance transactions… After an inevitable pause in transactions in the first few months of the pandemic, we’ve seen accelerating exercise since last autumn and the offers market has bounced again stronger than ever, with new sorts of transactions coming to the fore. Deals are taking place at tempo and our pipeline is robust, so we count on continued deal exercise for the subsequent few months forward.”
Quantuma’s Transaction Services crew, led by Jonathan Thornton, has additionally accomplished a variety of offers in this era. These together with the crew’s first vendor due diligence with knowledge centre proprietor and operator Amito’s £38 million transaction with funding from Harwood PE.
Additionally, the Transaction Services crew suggested Herida Healthcare on its acquisition of healthcare producer Select Medical. Sean Spencer, Managing Director of Herida Healthcare, mentioned the acquisition will bolster the service and restore necessities for Herida’s quickly rising enterprise, including, “Select has been a goal of Herida for a while resulting from its well-respected product providing, service capabilities and revered manufacturers.
