Submit Deal

Alasdair Balfour

Partner at Kirkland & Ellis

Lawyer

London

Deal Bio

Total Deals61

Valued Deals31

Total Value£ 102.16 B

Avg. Deal Size£ 3.30 B

Market Context

Sort

09 Aug 2017|United Kingdom|Diversified Financials

Target: WORLDPAY INC

Bidder: VANTIV INC

8 Service Providers

5 Target | 3 Bidder

44 Dealmakers

42 Target | 2 Bidder

£ 9.25 B

Value

27 Feb 2015|United Kingdom|Electronic Equipment: Other

Target: OPTOS PLC

Bidder: NIKON CORPORATION

7 Service Providers

6 Target | 1 Bidder

19 Dealmakers

17 Target | 2 Bidder

£ 265 M

Value

15 Jun 2015|United Kingdom|Environmental Consulting

Target: ENVIRONMENTAL RESOURCES MANAGEMENT

Bidder: OMERS PRIVATE EQUITY

3 Service Providers

3 Bidder

10 Dealmakers

16 Bidder

£ 1.09 B

Value

05 Nov 2015|United Kingdom|Financial Data and Systems

Target: VISA EUROPE LIMITED

Bidder: VISA INC

8 Service Providers

3 Target | 2 Bidder | 3 Vendor

20 Dealmakers

20 Vendor

£ 13.77 B

Value

15 Dec 2015|Finland|Multi-Utilities

Target: ADVEN GROUP OY

Bidder: AMP CAPITAL INVESTORS LIMITED

2 Service Providers

1 Target | 1 Bidder

11 Dealmakers

10 Target | 1 Bidder

£ 260 M

Value

01 Mar 2016|United Kingdom|Water

Target: WATER PLUS

Bidder: SEVERN TRENT PLC

3 Service Providers

3 Bidder

14 Dealmakers

14 Bidder

n/a

Value

24 May 2016|United Kingdom|Radio and TV Broadcasters

Target: MP&SILVA GROUP

Bidder: BEIJING BAOFENG TECHNOLOGY

1 Service Providers

1 Target

40 Dealmakers

40 Target

n/a

Value

20 Dec 2016|United Kingdom|Consumer Lending

Target: MBNA LTD

Bidder: LLOYDS BANKING GROUP PLC

4 Service Providers

1 Target | 2 Bidder | 1 Vendor

5 Dealmakers

4 Bidder | 1 Vendor

£ 2.37 B

Value

23 Dec 2016|United Kingdom|Payments / Commerce

Target: PAYBYPHONE

Bidder: VOLKSWAGEN FINANCIAL SERVICES

1 Service Providers

1 Bidder

36 Dealmakers

36 Bidder

£ 27 M

Value

18 May 2017|United Kingdom|Diversified Industrials

Target: SAFETYKLEEN EUROPE

Bidder: APAX PARTNERS LLP

16 Service Providers

2 Target | 8 Bidder | 6 Vendor

27 Dealmakers

1 Target | 25 Bidder | 1 Vendor

n/a

Value

19 Dec 2017|United Kingdom|Asset Managers and Custodians

Target: SINGLE STRATEGY

Bidder: TA ASSOCIATES

2 Service Providers

1 Bidder | 1 Vendor

78 Dealmakers

7 Bidder | 71 Vendor

£ 600 M

Value

20 Jan 2015|United Kingdom|Railroads

Target: EVERSHOLT RAIL

Bidder: CHEUNG KONG INFRASTRUCTURE HOLDINGS

3 Service Providers

2 Bidder | 1 Vendor

37 Dealmakers

66 Bidder | 6 Vendor

n/a

Value

09 Feb 2015|United Kingdom|Nondurable Household Products

Target: DEB GROUP

Bidder: SC JOHNSON

1 Service Providers

1 Vendor

19 Dealmakers

19 Vendor

n/a

Value

09 Apr 2015|United Kingdom|Oil Refining and Marketing

Target: MILFORD HAVEN OIL

Bidder: PUMA ENERGY

1 Service Providers

1 Vendor

25 Dealmakers

25 Vendor

n/a

Value

20 Oct 2015|United Kingdom|Digital Services

Target: PHOTOBOX LTD

Bidder: EXPONENT PRIVATE EQUITY

1 Service Providers

1 Bidder

35 Dealmakers

35 Bidder

n/a

Value

01 Aug 2017|Turkey|Ports

Target: MERSIN ULUSLARARASI LIMAN ISLETMECILIGI A.S.

Bidder: IFM INVESTORS PTY LTD

9 Service Providers

1 Target | 4 Bidder | 4 Vendor

46 Dealmakers

2 Target | 36 Bidder | 8 Vendor

£ 661 M

Value

07 Aug 2017|United Kingdom|Full Line Insurance

Target: LIVERPOOL VICTORIA GENERAL INSURANCE GROUP LTD

Bidder: ALLIANZ GROUP

1 Service Providers

1 Bidder

26 Dealmakers

26 Bidder

£ 245 M

Value

14 Sep 2017|Germany|Banks

Target: DEUTSCHE BANK (GLOBAL CORPORATE SERVICES BUSINESS)

Bidder: VISTRA CORP

1 Service Providers

1 Vendor

85 Dealmakers

85 Vendor

n/a

Value

28 Mar 2018|Spain|Travel and Tourism

Target: DESTINATION MANAGEMENT BUSINESS

Bidder: TUI AG

2 Service Providers

2 Bidder

19 Dealmakers

19 Bidder

n/a

Value

03 Apr 2018|Netherlands|Storage Terminals

Target: HES INTERNATIONAL BV

Bidder: MACQUARIE GROUP LIMITED

2 Service Providers

2 Bidder

115 Dealmakers

230 Bidder

n/a

Value

03 Apr 2018|United Kingdom|Food Products

Target: HORLICKS LTD

Bidder: COTT CORPORATION

1 Service Providers

1 Vendor

25 Dealmakers

25 Vendor

n/a

Value

06 Apr 2018|United Kingdom|Medical Equipment

Target: VISION RT LTD

Bidder: WILLIAM DEMANT HOLDING A/S

3 Service Providers

2 Target | 1 Bidder

20 Dealmakers

18 Target | 2 Bidder

n/a

Value

07 Jul 2017|Denmark|Construction Services

Target: A2SEA A/S

Bidder: DEME-GROUP

1 Service Providers

1 Bidder

21 Dealmakers

21 Bidder

n/a

Value

13 Apr 2017|Luxembourg|Leasing

Target: BEACON RAIL LUX HOLDINGS SARL

Bidder: JP MORGAN CHASE & CO

1 Service Providers

1 Bidder

34 Dealmakers

34 Bidder

n/a

Value

19 Jul 2017|United Kingdom|Diversified Financials

Target: FRIENDS PROVIDENT INTERNATIONAL LTD

Bidder: RL360 HOLDING COMPANY LIMITED

4 Service Providers

1 Target | 1 Bidder | 2 Vendor

33 Dealmakers

1 Target | 1 Bidder | 31 Vendor

£ 259 M

Value

02 May 2017|United States|Household Equipment and Products

Target: THE SCOTTS MIRACLE-GRO COMPANY (OPERATIONS IN EUROPE AND AUSTRALIA)

Bidder: EXPONENT PRIVATE EQUITY

2 Service Providers

1 Target | 1 Bidder

97 Dealmakers

1 Target | 96 Bidder

n/a

Value

02 Aug 2016|United Kingdom|Management Consulting

Target: ALLEN LANE CONSULTANCY LTD

Bidder: OUTSOURCING INC

1 Service Providers

1 Bidder

25 Dealmakers

25 Bidder

£ 28 M

Value

03 May 2016|United Kingdom|Insurance Brokers

Target: BLACKROCK (UK DEFINED CONTRIBUTION PLATFORM AND ADMINISTRATION BUSINESS)

Bidder: AEGON NV

1 Service Providers

1 Bidder

24 Dealmakers

24 Bidder

n/a

Value

15 Jun 2016|Ireland|Software

Target: CERIDIAN HCM INC (UK & IRELAND BUSINESS)

Bidder: SD WORX

1 Service Providers

1 Bidder

17 Dealmakers

17 Bidder

n/a

Value

30 Jun 2016|Netherlands|Marine Transportation

Target: KOOLE TERMINALS BV

Bidder: WORKPLACE SAFETY AND INSURANCE BOARD OF ONTARIO

1 Service Providers

1 Vendor

59 Dealmakers

59 Vendor

n/a

Value

15 Jun 2015|United Arab Emirates|Integrated Oil and Gas

Target: DRAGON OIL PLC

Bidder: EMIRATES NATIONAL OIL COMPANY LTD LLC

1 Service Providers

1 Target

4 Dealmakers

4 Target

n/a

Value

27 Apr 2015|Poland|Auto Parts

Target: NORDGLASS SP. Z O.O.

Bidder: AGC AUTOMOTIVE EUROPE SA

1 Service Providers

1 Bidder

24 Dealmakers

24 Bidder

n/a

Value

20 Nov 2018|United Kingdom|Health Care Services

Target: BTG PLC

Bidder: BOSTON SCIENTIFIC CORPORATION

16 Service Providers

8 Target | 7 Bidder | 1 Vendor

64 Dealmakers

35 Target | 27 Bidder | 3 Vendor

£ 3.03 B

Value

10 May 2019|United States|Pipelines

Target: BUCKEYE PARTNERS LP

Bidder: IFM INVESTORS PTY LTD

19 Service Providers

7 Target | 12 Bidder

101 Dealmakers

36 Target | 65 Bidder

£ 7.83 B

Value

26 May 2019|United Kingdom|Entertainment

Target: NEWCASTLE UNITED

Bidder: PUBLIC INVESTMENT FUND

7 Service Providers

1 Target | 6 Bidder

74 Dealmakers

3 Target | 71 Bidder

£ 305 M

Value

25 Jul 2019|United Kingdom|Defense

Target: COBHAM PLC

Bidder: ADVENT INTERNATIONAL CORPORATION

19 Service Providers

8 Target | 11 Bidder

89 Dealmakers

33 Target | 56 Bidder

£ 4.14 B

Value

01 Aug 2019|United Kingdom|Financial Data and Systems

Target: REFINITIV HOLDINGS INC

Bidder: LONDON STOCK EXCHANGE GROUP PLC

26 Service Providers

8 Target | 12 Bidder | 6 Vendor

172 Dealmakers

70 Target | 93 Bidder | 13 Vendor

£ 22.18 B

Value

20 Apr 2018|United Kingdom|Asset Managers and Custodians

Target: QUILTER PLC

Bidder: OLD MUTUAL (SHAREHOLDERS)

8 Service Providers

3 Target | 2 Bidder | 3 Vendor

126 Dealmakers

110 Target | 4 Bidder | 12 Vendor

£ 2.77 B

Value

09 Mar 2020|United Kingdom|Third Party Logistics (3PL)

Target: KUEHNE + NAGEL (UK LOGISTICS OPERATIONS)

Bidder: XPO LOGISTICS

10 Service Providers

1 Target | 4 Bidder | 5 Vendor

46 Dealmakers

1 Target | 29 Bidder | 16 Vendor

n/a

Value

20 Jul 2020|Germany|Pharmaceuticals

Target: CUREVAC

Bidder: KFW GROUP

10 Service Providers

3 Target | 7 Bidder

89 Dealmakers

16 Target | 73 Bidder

£ 503 M

Value

05 Aug 2020|United Kingdom|Insurance Brokers

Target: HASTINGS GROUP PLC

Bidder: RAND MERCHANT INVESTMENT HOLDINGS LIMITED

15 Service Providers

7 Target | 8 Bidder

53 Dealmakers

20 Target | 33 Bidder

£ 1.17 B

Value

09 Oct 2020|United States|Diversified Financials

Target: LIQUIDNET HOLDINGS INC

Bidder: TP ICAP PLC (EX-TULLETT PREBON PLC)

11 Service Providers

3 Target | 8 Bidder

116 Dealmakers

25 Target | 91 Bidder

£ 539 M

Value

23 Oct 2020|United Kingdom|Real Estate Services

Target: MCCARTHY & STONE

Bidder: LONE STAR FUNDS

13 Service Providers

6 Target | 7 Bidder

42 Dealmakers

29 Target | 13 Bidder

£ 647 M

Value

09 Nov 2020|United Kingdom|Food Products

Target: ADDO FOOD GROUP

Bidder: PAI PARTNERS

15 Service Providers

5 Target | 5 Bidder | 5 Vendor

72 Dealmakers

5 Target | 45 Bidder | 22 Vendor

n/a

Value

16 Jan 2021|United Kingdom|Food Products

Target: PROPER

Bidder: EXPONENT PRIVATE EQUITY

4 Service Providers

2 Target | 2 Bidder

28 Dealmakers

1 Target | 27 Bidder

n/a

Value

17 May 2021|Germany|Full Line Insurance

Target: AON PLC (PENSIONS ADMINISTRATION AND INVESTMENT CONSULTING BUSINESS)

Bidder: LANE CLARK & PEACOCK

3 Service Providers

2 Bidder | 1 Vendor

28 Dealmakers

26 Bidder | 2 Vendor

n/a

Value

03 Jul 2020|United Kingdom|Food Products

Target: COFRESH

Bidder: EXPONENT PRIVATE EQUITY

4 Service Providers

1 Target | 3 Bidder

34 Dealmakers

1 Target | 33 Bidder

n/a

Value

06 Feb 2020|United Kingdom|Real Estate Holding and Development

Target: HINES / QUADREAL JOINT VENTURE

Bidder: QUADREAL PROPERTY

3 Service Providers

3 Bidder

18 Dealmakers

18 Bidder

n/a

Value

13 Jul 2021|Ireland|Life Insurance

Target: ARK LIFE ASSURANCE CO LTD

Bidder: IRISH LIFE GROUP

8 Service Providers

1 Target | 2 Bidder | 5 Vendor

54 Dealmakers

1 Target | 34 Bidder | 19 Vendor

£ 197 M

Value

24 Dec 2021|United Kingdom|Specialty Retailers

Target: SELFRIDGES GROUP

Bidder: THE CENTRAL GROUP

12 Service Providers

4 Target | 8 Bidder

42 Dealmakers

13 Target | 29 Bidder

£ 4.00 B

Value

05 Jan 2022|Germany|Electronic Components and Equipment

Target: SIEMENS AG (YUNEX BUSINESS)

Bidder: ATLANTIA SPA

10 Service Providers

6 Bidder | 3 Vendor

76 Dealmakers

19 Bidder | 15 Vendor

£ 811 M

Value

11 Jan 2022|United Kingdom|Digital Services

Target: PHOTOBOX LTD

Bidder: ALBELLI

6 Service Providers

1 Target | 2 Bidder | 3 Vendor

62 Dealmakers

2 Target | 3 Bidder | 57 Vendor

n/a

Value

07 Aug 2023|United States|Containers and Packaging

Target: VERITIV CORPORATION

Bidder: CLAYTON DUBILIER & RICE LLC

18 Service Providers

4 Target | 14 Bidder

31 Dealmakers

6 Target | 25 Bidder

£ 1.80 B

Value

30 Jan 2024|United Kingdom|Specialty Retailers

Target: WM MORRISON SUPERMARKETS (337 MORRISONS PETROL FORECOURTS)

Bidder: CLAYTON DUBILIER & RICE LLC

19 Service Providers

12 Bidder | 7 Vendor

44 Dealmakers

21 Bidder | 23 Vendor

£ 2.50 B

Value

07 Jun 2024|United Kingdom|Food Retailers and Wholesalers

Target: ASDA GROUP LIMITED

Bidder: TDR CAPITAL LLP

6 Service Providers

2 Target | 3 Bidder | 1 Vendor

41 Dealmakers

9 Target | 15 Bidder | 17 Vendor

n/a

Value

17 Jun 2024|United Kingdom|Marine Transportation

Target: V.GROUP

Bidder: STAR CAPITAL

7 Service Providers

3 Target | 2 Bidder | 2 Vendor

16 Dealmakers

3 Target | 1 Bidder | 12 Vendor

n/a

Value

09 Jul 2024|France|Digital Services

Target: EXCLUSIVE NETWORKS

Bidder: CLAYTON DUBILIER & RICE LLC

21 Service Providers

4 Target | 17 Bidder

57 Dealmakers

5 Target | 52 Bidder

£ 1.86 B

Value

08 Jul 2024|Norway|Software

Target: VOLUE ASA

Bidder: ARENDALS FOSSEKOMPANI

15 Service Providers

15 Bidder

31 Dealmakers

31 Bidder

£ 451 M

Value

13 Aug 2024|Finland|Car Parks

Target: Q-PARK OPERATIONS BV

Bidder: INTEROGO HOLDING

11 Service Providers

2 Target | 6 Bidder | 3 Vendor

35 Dealmakers

1 Target | 21 Bidder | 14 Vendor

n/a

Value

06 Mar 2025|United States|Diversified Retailers

Target: SHIELDS HEALTH

Bidder: SYCAMORE PARTNERS LP

22 Service Providers

11 Target | 10 Bidder | 1 Vendor

128 Dealmakers

91 Target | 31 Bidder | 6 Vendor

£ 18.39 B

Value

12 May 2025|Germany|Cable Television

Target: PROSIEBENSAT 1 MEDIA SE

Bidder: PPF GROUP

8 Service Providers

4 Target | 4 Bidder

20 Dealmakers

6 Target | 14 Bidder

£ 206 M

Value