M&A Deal Summary |
|
|---|---|
| Date | 2015-03-30 |
| Target | Great Southern Rail |
| Sector | Leisure |
| Buyer(s) | Allegro Funds Pty |
| Sellers(s) | Serco Group |
| Deal Type | Divestiture |
| Deal Value | 20M USD |
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| Category | Distressed Investor |
|---|---|
| Founded | 2004 |
| PE ASSETS | 180M AUD |
| Size | Small |
| Type | Sector Agnostic |
Allegro Funds is an independent private equity firm focused on mid-sized investment opportunities in Australia and New Zealand. The Firm will consider investing in businesses needing capital for growth, management buyouts, as well as more complex turnarounds and restructurings. Allegro's target investment size is A$10 to A$100 million in transactions valued up to A$300 million. Allegro is a generalist investor, however the Firm will not invest in property development, agriculture, or mining/exploration. Allegro Funds was formed in 2004 and is based in Sydney.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 21 |
| Sector (Leisure) | 2 of 3 |
| Type (Divestiture) | 2 of 5 |
| Country (Australia) | 8 of 19 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-01 |
Custom Bus
Villawood, Australia Custom Bus (‘Custom’) is Australia’s bus-body building company with a proud heritage, having produced its first vehicle in 1955. Custom Bus was founded in 1935 and is based in Villawood, Australia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-11 |
TSC Group Holdings Pty
Wellington, Australia TSC Group Holdings Pty Ltd is the holding company for the group of industrial services businesses that comprise Trilogy Servicing and Spectrum Fire & Security in Australia and Cowley Services in New Zealand. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1929 |
| Sector | Business Services |
| Employees | 55,000 |
| Revenue | 4.5B GBP (2022) |
Serco provides world class business process outsourcing for customers it manages front, middle and back office programs. Our key service areas include customer interaction centres, direct marketing, loyalty and fulfilment programs, training design and delivery, customer relationship management software solutions and consultancy services. Serco Group was founded in 1929 and is based in Hook, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector (Leisure) | 1 of 1 |
| Type (Divestiture) | 2 of 4 |
| Country (Australia) | 1 of 1 |
| Year (2015) | 1 of 2 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-11-27 |
Serco - Transport Solutions Business
United Kingdom Serco’s Transport Solutions business has specialized in the development and supply of complex traffic management systems for the monitoring and control of urban and intra-urban road networks, encompassing integrated traffic and incident management, decision support, bus tracking and passenger information through integrated user interfaces. |
Sell | £44M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-16 |
Intelenet Global Services Pvt.
Mumbai, India Intelenet Global Services Pvt. Ltd. is a provider of business process outsourcing services worldwide. The firm offers services via telephone, email, Web, and standard mail. Intelent also provides transaction processing, finance & accounting and IT process consulting services. |
Sell | £250M |
