19/08/2021 - Market news
Clearwater International ranks as one of the top 10 European private equity advisors
Working with over 40 private equity (PE) funds across Europe, Clearwater completed 43 transactions worth over €6bn in deal value during Q2 2021 as the high levels of interest from PE continued. This combined placed Clearwater in 7th place in the Mergermarket PE advisory league tables following 13 successful PE exits during the first half of 2021.
17 transactions with a combined deal value of more than £593m
Clearwater International’s UK team completed a total of 17 transactions during the second quarter with a combined deal value of more than £593m across its five offices in Birmingham, Manchester, London, Leeds, and Nottingham. This brings the UK’s total deal count for H1 2021 to 37 deals worth £1.4bn.
In the UK, the Industrials & Chemicals and TMT sector teams performed particularly strongly completing deals worth £314m.
Highlights from this quarter include: the UK team advising BGF and the shareholders of ReBOUND, a leading technology platform helping brands manage their returns sustainably, on its sale to Reconomy Group, the provider of outsourced, asset-light services to the circular economy; advising BRUSH Group, a leading independent provider of equipment, services and solutions for electrical power generation and distribution, on its sale to One Equity Partners from Melrose Plc; and advising Sentinel Performance Solutions Group Limited (Sentinel), a leading UK supplier of products to improve the performance of heating and closed water systems on its sale to Aalberts N.V., a global industrial technology group headquartered in Utrecht, the Netherlands and listed on the Amsterdam Stock Exchange.
Q2 also saw 14 promotions and new hires across the Clearwater offices in Europe
In Q2, Clearwater International launched a new leadership development programme, marking a major investment in team development. In June, a first cohort of 15 senior leaders from across Clearwater’s 18 offices began the 11-month blended learning programme. With a strong emphasis on ‘learning by doing’, the curriculum features a mix of web tutorials, in person workshops, peer learning activities and self-directed learning. The aim is to further enhance skills and behaviours that enable the long-term growth and development of the Clearwater team. Q2 also saw 14 promotions and new hires across the Clearwater offices in Europe as the team continues its focus on talent.
Phil Burns,
Managing Partner, Clearwater International said:
“We
are delighted by our continued performance this quarter. We’ve had one of the
strongest years for private equity performance to date which is reflected in
our league table positions. There are a number of exciting mandates in the
pipeline, and we look forward to what’s ahead for the remainder of the year.”
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Clearwater Advisers
Adviser to Palatine Private Equity on its investment in Routes Healthcare
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Clearwater Advisers
Adviser to Sentinel Performance Solutions Group on its sale to Aalberts N.V.
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Clearwater Advisers
Adviser to BGF and the shareholders of ReBOUND on its sale to Reconomy Group
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Clearwater Advisers
Adviser to Horizon-backed Churches Fire & Security on raising finance from HSBC UK Bank, HSBC Asset Management, NorthLeaf Capital and Siemens Bank
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Clearwater Advisers
Adviser to BRUSH Group on its sale to One Equity Partners from Melrose Plc
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Clearwater Advisers
Adviser to Horizon Capital on raising finance from DunPort Capital Management to support the acquisition of Modern Networks
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Clearwater Advisers
Adviser to Beech Tree backed Advanta Wealth on raising acquisition debt facilities
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Clearwater Advisers
Adviser to Orbital Internet Group on its investment from Mobeus
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Clearwater Advisers
Adviser to Airedale Catering Equipment Group on its majority sale to Rubicon Partners
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