Back in August, the premium London-based desserts brand Gü was put on the market with an asking price of £30-40m.
Gü was launched by James Averdieck and Mordechai Wosner back in 2002. The company has expanded in recent years with its products now being sold in France and offered to passengers travelling on Virgin Atlantic flights. The business also diversified to produce fruit desserts such as sponge rolls, flapjacks, chocolate truffles and biscuits under the name Fru. The brand has been hugely successful, with an average annual growth of 66%. However, as the recession hit consumers shunned luxury brands in favour of cheaper alternatives thus having an effect on Gü's profits.
At the time that the brand was announced for sale many food companies were named as potential buyers. Amongst these were Nestle, Mars, Muller Dairy, Northern Foods and Daniels Group. Nestle were believed to be an obvious choice to bid for Gü since they already have an extensive range of desserts, yoghurts and ice creams. However, it is now believed that Daniels Group are the front runners.
Daniels Group are the company behind New Covent Garden Food Company and Johnsons Juice. They have now edged in front of Darwin Private Equity and another unnamed private equity firm. This makes Daniels Group the final trade firm, which is still chasing the purchase. The sale is expected to conclude by the end of the year.
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Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
Thursday, 5 November 2009
Wednesday, 28 October 2009
Leadbay features in The Sunday Times Tech Track 100
Beanstalk Management, the corporate advisory house, is pleased to announce that their client Leadbay, achieved 20th place in The Sunday Times Microsoft Tech Track 100 league published in September. Matthew Byatt, Director at Beanstalk Management said “we are delighted that Leadbay have been recognised in such a prominent position in Tech Track and count amongst the UK’s fastest-growing technology companies.”
The 2009 Tech Track 100 ranks Britain’s fastest-growing private tech companies based on sales growth over the latest three years. Now in its ninth year, The Sunday Times Microsoft Tech Track 100 annual league table is compiled by Oxford-based research and networking events company Fast Track. The published league table is available to view at :
http://www.fasttrack.co.uk/fasttrack2002/migration/dbDetails.asp?siteID=3&compID=2647&yr=2009
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Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
The 2009 Tech Track 100 ranks Britain’s fastest-growing private tech companies based on sales growth over the latest three years. Now in its ninth year, The Sunday Times Microsoft Tech Track 100 annual league table is compiled by Oxford-based research and networking events company Fast Track. The published league table is available to view at :
http://www.fasttrack.co.uk/fasttrack2002/migration/dbDetails.asp?siteID=3&compID=2647&yr=2009
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Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
Wednesday, 14 October 2009
Mergers and acquisition activity increases
Venture-backed exits, which primarily consist of mergers and acquisitions, were down by approximately fifty per cent during the third quarter. However, there is evidence to suggest that mergers and acquisitions activity is actually on the increase.
TechCrunch keeps data on all announced acquisitions. Based on the figures they have, during the third quarter $45.1 billion worth of acquisitions were announced. This is a three-fold increase from the $15.4 billion in the three months, which went before and quadruple the low of $7.6 billion from the fourth quarter, which was an increase of nearly 25 per cent from the year before.
Larger acquisitions accounted for a large chunk of these figures. Many of these included companies trading on the stock market, for example the purchase of Perot Systems by Dell for $3.9 billion, Affiliated Computer Services bought by Xerox for $5.75 billion and Adobe acquiring Omniture for $1.8 billion. Biotech and pharmaceutical deals were also prevalent, such as Dainippon Sumitomo acquiring Sepracor for $2.6 billion and the merger of Abbott Labs with Solvay Pharmaceuticals for a hefty $6.6 billion.
The quantity of mergers and acquisitions has stagnated around the 210,000 over the past four years. However, the value of these acquisitions has substantially increased. The average of each deal has actually increased by 85 per cent from the same period last year. During the third quarter the average value of each merger and acquisition deal was $349 million. Buyers appear to be more cautious about making deals but once they decide to continue, it would appear that they are willing to spend larger quantities of money. This is particularly the case when dealing with companies who are established with a proven track record. This accounts for the increased spend on publicly traded companies.
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Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
TechCrunch keeps data on all announced acquisitions. Based on the figures they have, during the third quarter $45.1 billion worth of acquisitions were announced. This is a three-fold increase from the $15.4 billion in the three months, which went before and quadruple the low of $7.6 billion from the fourth quarter, which was an increase of nearly 25 per cent from the year before.
Larger acquisitions accounted for a large chunk of these figures. Many of these included companies trading on the stock market, for example the purchase of Perot Systems by Dell for $3.9 billion, Affiliated Computer Services bought by Xerox for $5.75 billion and Adobe acquiring Omniture for $1.8 billion. Biotech and pharmaceutical deals were also prevalent, such as Dainippon Sumitomo acquiring Sepracor for $2.6 billion and the merger of Abbott Labs with Solvay Pharmaceuticals for a hefty $6.6 billion.
The quantity of mergers and acquisitions has stagnated around the 210,000 over the past four years. However, the value of these acquisitions has substantially increased. The average of each deal has actually increased by 85 per cent from the same period last year. During the third quarter the average value of each merger and acquisition deal was $349 million. Buyers appear to be more cautious about making deals but once they decide to continue, it would appear that they are willing to spend larger quantities of money. This is particularly the case when dealing with companies who are established with a proven track record. This accounts for the increased spend on publicly traded companies.
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Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
Tuesday, 13 October 2009
Beanstalk Management attend The BLN CFO Breakfast brainstorming
A blog post detailing the discussions from The BLN CFO Breakfast brainstorming on the 7th October can be viewed at: http://bit.ly/CFOceo
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Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
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Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
Friday, 25 September 2009
Innovative Corporate Finance House Beanstalk Management to Run Seminar on the “Art of Business Exit” in Conjunction with SETsquared
Following the success of a similar event earlier this year Beanstalk Management will be running another seminar on “The Art of Business Exit – selling your business for its maximum value” on Friday 29th January 2010 in Surrey. The seminar provides a step-by-step guide to how to sell your business for its maximum value and is highly relevant to technology businesses looking to exit over the next few years. The seminar is to be run by Matthew Byatt and Richard Baker, both Directors at Beanstalk Management.
Thursday, 24 September 2009
Suntory seals Orangina buy-out
Japanese drinks group Suntory has confirmed the acquisition of Orangina Schweppes for £2.6bn from private equity owners Blackstone and Lion Capital.
Copyright The Grocer
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Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
Thursday, 17 September 2009
Beanstalk Management to attend European Photovoltaic Solar Energy Conference
The 24th European Photovoltaic Solar Energy Conference (21st to 25th September 2009) and Exhibition (21st to 24th September 2009) will be held at the CCH - Congress Center and International Fair in Hamburg, Germany.
www.photovoltaic-conference.com
Beanstalk Management is an innovative, expert corporate finance house specialising as a business broker.
Founded in 2005, Beanstalk are industry experts in buying and selling businesses, raising finance and strategy consulting.
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