Deal Announcement


DC Advisory acted as sole financial adviser to Bridgepoint Advisers on the acquisition of Moneycorp for £212 million

29 Aug 2014

Bridgepoint Advisers (“Bridgepoint”) is a major international private equity group focused on investing in market-leading businesses valued up to €1 billion. Bridgepoint is currently investing from its fourth fund, the €4.8 billion Bridgepoint Europe IV

Moneycorp is the UK’s leading specialist international payments and foreign exchange business, serving corporates and individuals across multiple channels

After a successful holding period, SOF Investments launched a competitive auction process in March 2014

Bridgepoint engaged DC Advisory (“DC”) as sole M&A adviser on the acquisition of Moneycorp in May 2014, owing to the DC team’s detailed knowledge of both the business and the wider payments sector

Bridgepoint acquired Moneycorp in August 2014 with an enterprise value of £212 million

 

Deal Team

Richard Madden

CEO
United Kingdom

Andrew Strudwick

Managing Director
United Kingdom

James Nichols

Executive Director
United Kingdom

Richard Madden, UK Chief Executive, commented:
Bridgepoint demonstrated knowledge and enthusiasm from the outset, and it has been a pleasure to advise them on this acquisition. Moneycorp is a market leading business with a strong brand and tremendous growth prospects.