Cavendish Corporate Finance
Industry | Financial Services |
---|---|
Founded | 1988 |
Headquarters | London, United Kingdom |
Key people | Lord Leigh of Hurley (Senior Partner and Co-founder) |
Number of employees | 42 (2015) |
Website |
www |
Cavendish Corporate Finance LLP, commonly referred to as Cavendish, is an independent firm advising exclusively on sell side M&A. Cavendish specialises in a variety of sectors including; financial services, industrials, and healthcare (a full list features below). The company advises a broad variety of clients including; private companies, financial institutions and fully listed public companies, with transactions generally falling in the mid-market value range (£10 million to £200 million).
History
Cavendish Corporate Finance was co-founded in 1988 by Lord Leigh of Hurley, Senior Partner at Cavendish and Hugo Haddon-Grant, who currently acts as a business consultant for the company. Prior to forming Cavendish Corporate Finance, Lord Leigh of Hurley worked at Deloitte Haskins & Sells, the accountancy firm, where he helped set up a mergers and acquisitions group. Hugo Haddon-Grant has previous experience with the Business Exchange and was previously with the accountancy firm Grant Thornton.[1] Cavendish has, over the last 25 years, advised on over 500 company sales, with an aggregate value in the billions of pounds.[2]
Overview
Exit Review
Cavendish has developed an Exit Review Process that they claim to be strategically aimed at enhancing value and positioning businesses for sale during the 6–18 months prior to commencing a sale exercise.[3] Exit Review is designed to assist shareholders who have the time to plan a future exit strategy and can highlight alternative options for companies considering re-financing or a minority sale to an equity investor.
International Focus
Cavendish is a member of M&A International Inc., a global alliance of M&A boutiques. M&A International Inc. offers the resources of 46 M&A advisory and investment banking firms operating in 40 countries. The mergers and acquisitions market is increasingly global and many company disposals attract interest from overseas purchasers. Membership of M&A International Inc. enables Cavendish to locate international buyers who are often willing to pay higher prices than domestic buyers.[4]
Deals
Recent Notable Deals
Below are some of the more notable deals that Cavendish have recently advised on. Many of these deals have received coverage from the Sky News, The Financial Times and other news organisations:
Date | Vendor & Client | Sector | Acquirer/Investor |
---|---|---|---|
July 2015 | Silver Cross Nurseries | Consumer & Retail | Shanghai Fosun Industrial Investment Co Ltd[5] |
July 2015 | Reward Gateway | Technology, IT & Telecoms | Great Hill Partners[6] |
June 2015 | Resolution Property | Financial Services | Shanghai Fosun Industrial Investment Co Ltd[7] |
Apr 2015 | Naked Wines | Consumer & Retail | Majestic Wine Plc |
Feb 2015 | Rudridge Limited | Industrials | Travis Perkins Plc |
Dec 2014 | Scott Dunn | Consumer & Retail | Inflexion Private Equity |
Aug 2014 | The Planning Shop International Limited | Media | Adelphi Worldwide, part of Omnicom Inc |
June 2014 | Boardman Bikes | Consumer & Retail | Business Growth Fund |
Mar 2014 | Avantia Limited | Technology, IT & Telecoms | ECI Partners |
Jul 2013 | Opta Sports Data Limited | Media | Perform Group Plc |
Jul 2012 | Robert Dyas | Consumer & Retail | Theo Paphitis |
May 2012 | Spaldings Holdings Limited | Industrials | Marubeni Corporation |
Apr 2012 | Raleigh Cycle Limited | Consumer & Retail | Accell Group |
Mar 2011 | Hawk-Eye Innovations | Business Services | Sony Corporation |
Apr 2010 | Theo Fennell plc | Consumer & Retail | Private placing |
Jan 2010 | Gü | Consumer & Retail | Noble Foods |
Dec 2009 | Smythson | Consumer & Retail | Greenwill SA |
Awards
- Deal of the Year – Coopers of Stortford 2014 – Awarded Jul 2014 by The M&A Atlas Awards (Europe)
- Boutique Investment Bank of the Year 2014 – Awarded Jun 2014 by Lawyers World Global Awards
- Media Sector Focused Corporate Team of the Year – UK 2014 – Awarded May 2014 by Acquisition International
- Boutique Investment Bank of the Year – Awarded Jul 2014 by the M&A Atlas Awards (Europe)
- Leading Independent Financial Advisory Team of the year 2014 – Awarded May 2014 by ACQ Global Awards
- Corporate Finance Boutique of the Year 2014 – Awarded May 2014 by ACQ Global Awards
- UK Corporate Finance Team of the Year: Industrials Sector 2014 – Awarded May 2014 by ACQ Global Awards
- Corporate Financier of the Year Finalist 2014 – Awarded Apr 2014 by Healthcare Investor
- Corporate Finance Boutique of the Year - Awarded Nov 2011 by Private Equity News
- Corporate Finance House of the Year 2011 - Awarded Jan 2011 by Acquisitions Monthly Awards
- Corporate Deal of the Year 2010 - Awarded Jan 2010 by Europe M&A Atlas Awards
- Boutique Investment Bank of the Year 2010 - Awarded Jan 2010 by Europe M&A Atlas Awards
- Mid-Market Deal of the Year 2009 - Princess Yachts - Awarded Jan 2010 by Acquisitions Monthly Awards
- UK Strategic Company Adviser of 2009 - Awarded Jan 2009 by ACQ Finance Magazine
- Corporate Finance Boutique of the Year 2009 - Awarded Jan 2009 by ACQ Finance Magazine UK Awards
- Advisory Boutique of the Year 2008 - Awarded Jan 2008 by European Venture Capital Journal (EVCJ) Awards
- Corporate Finance Boutique of the Year 2008 - Awarded Jan 2008 by Mergers & Acquisitions (M&A) Awards
- Corporate Finance Boutique of the Year 2008 – Awarded Oct 2008 by Private Equity News Awards for Excellence in Advisory Services - Europe
- Corporate Finance Boutique of the Year 2008 - Awarded Jan 2008 by Acquisitions Monthly Awards
- Outstanding Achievement in Corporate Finance - Howard Leigh - Awarded Jan 2008 by Institute of Chartered Accountants in England and Wales (ICAEW) 2008
- Corporate Finance Boutique of the Year 2007 - Awarded Jan 2007 by BVCA/Reals Deals Priivate Equity Awards
- Corporate Finance Boutique of the Year 2007 - Awarded Jan 2007 by Private Equity News Awards for Excellence in Advisory Services - Europe
- Corporate Finance Boutique of the Year 2004 - Awarded Jan 2006 by EVCA/Reals Deals European Private Equity Awards
References
- ↑ "Our People". cavendish.com.
- ↑ "Cavendish". cavendish.com.
- ↑ "Personal chemistry and international reach most important factors when choosing M&A advisers". Growth Business UK.
- ↑ "M&A International Inc.". mergers.net.
- ↑ "China's Fosun Eyes Silver Cross As Next Target". Sky News.
- ↑ "Reward Gateway sold to Great Hill Partners". www.wsandb.co.uk.
- ↑ "Fosun bets on European property with Resolution venture". Financial Times.