Yorkshire and North East Dealmakers Guide 2016 - 32

TOP MERGER/EXITS DEALS YORKSHIRE AND NORTH EAST 32 SELLING YOUR BUSINESS Date Deal 6 Oct 2015 (Pending) £2217m merger to form Froneri (finance: cash) C - PAI Partners - Froneri, FA - Credit Suisse - Nestle SA, Rothschild & Co, Rothschild - R&R Ice Vendor: Nestle SA Cream, Rothschild - Riviera Topco Sarl, L - Allen & Overy (Pending) £691m acquisition of Premier Farnell (finance: bank debt, cash) Bidder: Avnet Inc D - Bank of America Merrill Lynch - Avnet Inc, B - Bank of America Merrill Lynch - Avnet Inc, Barclays Bank - Premier Farnell, Jefferies - Premier Farnell, FA - Bank of America Merrill Lynch Avnet Inc, Lazard - Premier Farnell, L - Gibson Dunn & Crutcher - Avnet Inc, Morrison & Foerster (Pending) £615m acquisition - tender offer of Premier Farnell (finance: cash, bank debt) Bidder: Datwyler Technical Components UK D - UBS AG - Daetwyler Holding AG, B - Barclays Bank - Premier Farnell, Jefferies International Premier Farnell, FA - Lazard - Premier Farnell, UBS - Daetwyler Holding AG, L - Allen & Overy Premier Farnell, Ashurst, Slaughter and May - Daetwyler Holding AG £425.75m acquisition of Stackpole International (finance: cash) C - CITIC Capital Partners - Stackpole International, Crestview Partners LP - Stackpole International, Bidder: Johnson Electric International (UK) FA - Morgan Stanley - Stackpole International, Perella Weinberg Partners - Johnson Electric, L Blake Cassels & Graydon - Johnson Electric, Kirkland & Ellis, Latham & Watkins - Johnson Electric, Stikeman Elliott - Stackpole International £400m investor buyout at Longs Steel UK (finance: cash, venture capital) Bidder: Greybull Capital Vendor: Tata Steel C - Greybull Capital, L - Forsters, Slaughter and May - Tata Steel UK £325m acquisition of equity release division of Grainger (finance: cash) Bidder: Turbo Vendor: Grainger L - Freshfields Bruckhaus Deringer - Grainger, Shearman & Sterling - Electra Private Equity (Pending) £251.54m reverse takeover of INVE Aquaculture Holding BV (finance: bank debt, cash, vendor placing) Bidder: Benchmark A - BDO - Benchmark, EY - INVE Aquaculture Holding BV, D - HSBC - Benchmark, Rabobank International - Benchmark, FA - BDO - Benchmark, Cenkos Securities - Benchmark, KPMG - INVE Aquaculture Holding BV, Rabobank International - Benchmark, L - DLA Piper - INVE Aquaculture Holding BV, Travers Smith - Benchmark £250m of development capital for Northern Powergrid (finance: cash, bank debt) D - European Investment Bank - Northern Powergrid £200m of development capital for Govia Thameslink Railway (finance: cash, bank debt, venture capital) Vendor: Go-Ahead C - SL Capital Partners - Govia Thameslink Railway, D - Aviva Investors Global Services - Govia Thameslink Railway, L - Bond Dickinson - Govia Thameslink Railway, CMS £183m reconstruction/refinancing of SIG (finance: cash, bank debt) £175m acquisition of Parkgate Shopping Park (finance: existing / not disclosed) Bidder: F&C REIT Asset Management L - Jones Day - Hercules Unit Trust Vendor: Hercules Unit Trust (Pending) £154.24m acquisition of Akron Brass Co (finance: cash) FA - Barclays Bank - Premier Farnell, Lazard - Premier Farnell, L - Kirkland & Ellis - Premier Farnell, Bidder: IDEX Corp Vendor: Premier Farnell Skadden Arps Slate Meagher & Flom - IDEX Corp £145m acquisition of Nu-Oval Acquisitions 1 (finance: cash) C - Electra Partners - Nu-Oval Acquisitions 1, B - Deutsche Bank AG - Polypipe, Numis Securities Bidder: Polypipe - Polypipe, FA - Deloitte - Nuaire, KPMG - Nuaire, Moelis - Polypipe, L - Blake Morgan - Nuaire, Squire Patton Boggs - Polypipe, Taylor Wessing £120m reconstruction/refinancing of Lugano Developments (finance: bank debt, cash) L - Mincoffs - Lugano Developments £118m minority stake in Wakefield PFI Project SPV (finance: cash, venture capital) Bidder: Equitix Vendor: Shanks C - Equitix, L - Ashurst - Shanks, CMS (Pending) £109.07m acquisition of INCOTEC BV (finance: existing / not disclosed) Bidder: Croda International D - ABN AMRO Bank NV - INCOTEC BV, FA - Greenhill - Croda International, Rabobank International £102.32m acquisition of Searchbolt (finance: cash, vendor placing) B - Numis Securities - e-Therapeutics, FA - Numis Securities - e-Therapeutics Bidder: e-Therapeutics £101m reconstruction/refinancing of Cairn Hotel (finance: cash, bank debt) D - HSBC - Cairn Hotel, L - Mincoffs - Cairn Hotel £100m acquisition of portfolio of 25 care homes (finance: existing / not disclosed) Bidder: Anchor Trust Vendor: LNT FA - Mazars Corporate Finance - Anchor Trust, L - Eversheds - Anchor Trust, Freeths - LNT £100m of development capital for Newcastle University (finance: cash, bank debt) D - European Investment Bank - Newcastle University, L - Muckle - Newcastle University (Pending) £98.7m acquisition of Clippers Quay (finance: cash) Bidder: Grainger Vendor: Amstone Developments £94.4m divestment of DFS Furniture (finance: cash) C - Advent International - DFS Furniture Vendor: Advent Diamond (Luxembourg) Sarl £94m acquisition of FRM Portfolio (finance: cash) FA - Lazard - Grainger Bidder: Heitman £90m reverse takeover of National Network Infrastructure of KCom (finance: cash, bank debt, vendor placing) Bidder: CityFibre Infrastructure A - BDO, B - FinnCap - CityFibre Infrastructure, FA - EY - CityFibre Infrastructure, FinnCap - CityFi 28 Jul 2016 14 Jun 2016 28 Oct 2015 31 May 2016 18 May 2016 8 Oct 2015 12 Feb 2016 17 Feb 2016 21 Jun 2016 8 Sep 2015 5 Feb 2016 18 Aug 2015 15 Jan 2016 3 Feb 2016 1 Dec 2015 1 Jun 2016 24 May 2016 4 Sep 2015 11 Feb 2016 1 Feb 2016 22 Oct 2015 29 Feb 2016 18 Jan 2016 xxxx Vendor: KCom 8 Apr 2016 £90m divestment of DFS Furniture (finance: cash) Vendor: Advent Diamond (Luxembourg) Advisers bre Infrastructure, Liberum Capital - CityFibre Infrastructure, Oakley Capital - KCom, L - Addleshaw Goddard - KCom, Ashurst - CityFibre Infrastructure, Olswang - CityFibre Infrastructure C - Advent International - DFS Furniture, FA - Jefferies, UBS

Table of Contents for the Digital Edition of Yorkshire and North East Dealmakers Guide 2016