Hutton Collins
Hutton Collins Partners is a London-based private equity firm founded in 2002 by Graham Hutton and Matthew Collins, who are both partners in the firm. The generalist investor aims at mid-size Western European, and especially Spanish, French and Italian businesses. Their investments span from €35 to €100 million in businesses valued between €100 and €500 million. They focus on business and financial services, leisure and healthcare.[1]
Investments
In July 2007, Hutton Collins acquired Healthcare at Home, today known as Sciensus, from Apax Partners, with the management team owning the majority stake.[2][3]
In March 2011, Hutton Collins, with Duke Street Capital, acquired noodle restaurant chain Wagamama for £215 million from Lion Capital.[4][5] In July 2012, Hutton Collins, with LGV Capital, acquired bar-chain owner Novus Leisure.[6] In October 2013, Hutton Collins bought a stake in the Byron Hamburgers chain, purchased for £100 million from Gondola Group.[7][8][9]
In 2017 Hutton Collins sold majority stake in Byron Hamburgers to Three Hills Capital Partners, retaining a minority stake.[9] In December 2018, Hutton Collins and Duke Street Capital, sold noodle restaurant chain Wagamama to The Restaurant Group, with Wagamama's value being estimated at £559 million.[4][10]
References
- "Hutton Collins Partners Mergers and Acquisitions Summary | Mergr". mergr.com. Retrieved 27 August 2023.
- Barber, Marc (26 September 2007). "Hutton Collins buys Healthcare at Home interest". Growth Business. Retrieved 10 September 2023.
- "Apax Partners sells Healthcare at Home to Hutton Collins | Apax Partners". www.apax.com. Retrieved 10 September 2023.
- Alves, Joice. "Duke Street Scores 3.4x Multiple on Wagamama Sale". www.penews.com. Retrieved 27 August 2023.
- "Duke Street agrees wagamama noodle-chain deal". Reuters. 24 March 2011. Retrieved 19 July 2023.
- "Bar-chain owner Novus Leisure acquired by Hutton Collins Partners and LGV Capital". Manchester Evening News. 29 July 2012. Retrieved 19 July 2023.
- "Sale of Byron to Hutton Collins Partners" (PDF). Gondola Group. Retrieved 31 January 2014.
- Thomas, Nathalie (18 October 2013). "Byron burger chain sold in £100m deal". The Daily Telegraph. Retrieved 31 January 2014.
- Gerrard, Bradley (15 December 2017). "Byron Burgers could shut more restaurants after owner sells majority stake in rescue deal". The Telegraph. ISSN 0307-1235. Retrieved 12 March 2018.
- Eley, Jonathan (30 October 2018). "Restaurant Group defends £559m acquisition of Wagamama". Financial Times. Retrieved 27 August 2023.