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New Deal


Announced

Cap10 Partners to acquire Sureserve for $266m.

Financials

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Transaction Value£214m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

energy services

Pending

United Kingdom

Private Equity

Integrated Oil and Gas

Acquisition

Majority

Domestic

Friendly

Public

Synopsis

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Cap10 Partners, a private equity firm, agreed to acquire Sureserve, a asset and energy support services group, for $266m. “The offer presents an opportunity for Sureserve shareholders to realise an immediate and certain compelling value in cash at a meaningful premium and are therefore themselves going to vote the Sureserve shares in which they are interested in favour of the acquisition,” Nick Winks, Sureserve Chairman.

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