Head of Plc Strategic Advisory, finnCap Group:
"There has been a dramatic surge in M&A activity since the first wave of the pandemic. We are proud to have been trusted to act on six publicly announced public takeover transactions this financial year, ten since the start of the pandemic, and to be one of the leading advisers on UK public takeovers for growth companies over the past five years. This reflects the strength of the finnCap Group’s coordinated offering for buyers and sellers alike."
Taking over the Universe
We are pleased to have advised longstanding client Universe Group, which provides petrol forecourt/retail payments, loyalty and enterprise management software, on its takeover by PDI Software, an acquisitive US-based and private equity-backed software group at a valuation that was over twice its prevailing unaffected market price.
The Plc Strategic Advisory team have advised on six publicly announced transactions so far this financial year, being almost a quarter of all growth company firm offers in that time.
Photo-Me CEO to make offer for all shares
finnCap Capital Markets is currently acting for the Independent Directors of Photo-Me in relation to the mandatory offer by Serge Crasnianski, CEO, Deputy Chairman and 36.5% shareholder of Photo-Me for all of the shares that he does not own. This follows the purchase by Serge of the 7.7% shareholding of the Dan David Foundation, meaning Serge passed through the 30% threshold which triggers the requirement for a mandatory offer to be made.
Insights on the Payments Sector
The takeovers of Universe and Proactis in the last year are part of an ongoing upward trend in Payments and FinTech. Our latest newsletter from the team at finnCap Cavendish take a long view of the sector and what's driving growth.