Cygnet Health Care in £340m MBO

Psychiatric services company Cygnet Health Care has undergone a £340 million management buy-out. Read on for more deal headlines.

Other done deals:

  • Servoca plc, a provider of outsourced and recruitment services to the public and private sector, has acquired teaching staff agency Day To Day Teachers for £400,000
  • Property investor Dawnay, Day Sirius has bought seven sites in Germany, comprising Siemens’ Gewerbepark Portfolio of five business parks for €98 million (£77.4 million) and two other business parks for €17.9 million (£14.1 million)
  • Oil producer Imperial Energy has raised some £300 million through a rights issue of shares, underwritten by financial services firm Merrill Lynch and Dutch bank ABN AMRO
  • Supply chain company Wincanton plc has bought Product Support, a provider of defence and aerospace logistics in the UK, for up to £30 million
  • Scooter company Vmoto has finalised the £472.5 million acquisition of Spanish scooter and motorcycle group CSR Motorcycles, its first step into the European market
  • Renewable energy investor Running River plc has exercised its call option and purchased the remaining shares in Indian hydro-electric investment vehicle, Mountain Energy Corporation for £13.6 million, constituting a reverse takeover
  • The Royal Bank of Scotland has backed the management buy-out of the St George Healthcare Group, led by husband and wife team Dr Naser and Hala Fouad
  • Financial consultancy and manufacturing investor Masterobjective has bought print business Bernard Kaymar
  • Product and software developer IRIS has acquired Drummohr Technology, the makers of ‘Tax Assistant’ software to the professional services market
  • Oxford Instruments plc, a high technology tools and systems company, has purchased its distributor and after-sales support company for its Scandinavian operations, French business Link Analytical, for up to £1.2 million
  • The Advisory Board Company, a provider of research, analysis and decision support tools to hospitals, health systems and biotech companies has bought Crimson, a provider of data, analytics and business intelligence software to hospitals
  • Namesco has acquired Register365.com, in order to increase its domain name and shared web hosting services

Marc Barber

Raven Connelly

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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