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New Deal


Announced

Compass Group to acquire CH&CO from Equistone Partners for £475m.

Financials

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Transaction Value£475m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Consumer Services: Other

hospitality caterer

Acquisition

Private

United Kingdom

catering

Domestic

Pending

Single Bidder

Majority

Friendly

Private Equity

Synopsis

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Compass Group, a British catering company, agreed to acquire CH&CO, a catering and hospitality company, from Equistone Partners, a London-based independent investment firm, for £475m. “I have always admired CH&CO and its real passion for food. I believe that by combining our strengths the proposed acquisition will bring a multitude of benefits to clients, customers and employees. Together we have the potential to create even more compelling and innovative solutions for our clients and customers, as well as a wider range of career opportunities for our talented people in both organisations,” Robin Mills, Compass Group UK & Ireland CEO.

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