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.