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Zeus advises on Recommended Takeover Offer for Moss Bros

Zeus Capital is delighted to be advising Brigadier Acquisition Company Limited on its Recommended £22.6m Cash Offer for Moss Bros Group plc.

The transaction was announced to the stock market on 12 March 2020 and is expected to complete, subject to shareholder and court approval, in Q2 2020.

The offer for Moss Bros would represent Zeus Capital’s fourth completed Public to Private transaction within the last 12 months and the third acting on the buyside. This makes Zeus the market leader acting for bidders on take private transactions with a value under £500 million.

These complex deals require a combination of M&A, ECM and Takeover Code advice, making Zeus’ multi disciplinary corporate finance and corporate broking teams ideally placed to advise listed companies, private equity houses and management teams on structuring and executing public takeover transactions.

With equity markets currently unstable, valuations depressed and institutional shareholders willing to consider realising their portfolio holdings if a cash bid is available, we expect takeover activity to continue to rise over the course of 2020.

John Goold

CEO of Zeus

As a public market practitioner for 25 years I am always sad when companies leave the market. However, the current climate coupled with increased liquidity constraints at the smaller end of the market makes it inevitable that this trend will continue, and at Zeus we are always focused on creating value for all of our clients across market cycles.

We believe that take private transactions offer a solution for institutional investors and public company management teams disillusioned with share price performance and trading liquidity, and an opportunity for private equity and private purchasers to acquire fantastic, institutional quality businesses at fair prices.

Zeus team

For a conversation on Public to Private opportunities or execution advice please get in touch with your usual Zeus contact or one of the following Zeus P2P Specialists:

John Goold (CEO)
Tremayne Ducker (Head of Corporate Finance)
Nick Cowles (Director, Corporate Finance)
Jamie Peel (Director, Corporate Finance)

Contact

If you would like further information, please get in touch with our team.

Nick Cowles Co-Head of Investment Banking+44 (0) 161 393 1977LinkedIn Scan with your phone camera to add to contacts Download vCard
Tremayne Ducker Co-Head of Investment Banking +44 (0) 161 393 1964LinkedIn Scan with your phone camera to add to contacts Download vCard