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New Deal


Announced

Completed

Bridgepoint completed the acquisition of a 75% stake in Fera Science from Capita for £60m.

Financials

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Transaction Value£60m
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales1.8x
EV/EBITDA10.8x
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Majority

Single Bidder

environmental testing

food testing

Test Inspection and Certification (TIC)

testing, inspection and certification

Acquisition

Domestic

Private

Private Equity

Friendly

Completed

Synopsis

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Bridgepoint, an investment firm, completed the acquisition of a 75% stake in Fera Science, a provider of environmental testing, research, and advisory, from Capita, an international business process outsourcing and professional services company, for £60m. "We are very pleased to have agreed the sale of our stake in Fera after a competitive auction process. Capita and Defra have partnered together to grow and professionalise Fera over the past eight years, creating significant value for us and the taxpayer," Jon Lewis, Capita CEO.

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