Hutton Collins
{{short description|British private equity firm}}
{{Use dmy dates|date=April 2022}}
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.{{Cite web |title=Hutton Collins Partners Mergers and Acquisitions Summary {{!}} Mergr |url=https://mergr.com/hutton-collins-partners-mergers-acquisitions |access-date=2023-08-27 |website=mergr.com}}
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.{{Cite web |last=Barber |first=Marc |date=2007-09-26 |title=Hutton Collins buys Healthcare at Home interest |url=https://growthbusiness.co.uk/hutton-collins-buys-healthcare-at-home-interest-1877/ |access-date=2023-09-10 |website=Growth Business |language=en-US}}{{Cite web |title=Apax Partners sells Healthcare at Home to Hutton Collins {{!}} Apax Partners |url=https://www.apax.com/news-views/apax-partners-sells-healthcare-at-home-to-hutton-collins/ |access-date=2023-09-10 |website=www.apax.com |language=en}}
In January 2011, Hutton Collins, Goldman Sachs and Bayside Capital supported Caffè Nero with £99m in refinancing and their anticipated expansion.{{Cite web |last=Britton |first=Nick |date=2011-01-18 |title=Caffè Nero in £99 million refinancing |url=https://growthbusiness.co.uk/caff-nero-in-99-million-refinancing-6859/ |access-date=2024-11-20 |website=Growth Business |language=en-US}}{{Cite web |date=19 January 2011 |title=Hutton Collins completes refinancing of Caffè Nero |url=https://www.privateequitywire.co.uk/hutton-collins-completes-refinancing-caffe-nero/ |access-date=20 November 2024 |website=Private Equity Wire}}{{Cite web |title=Caffè Nero grinds through £99m refinancing package |url=https://realdeals.eu.com/article/caffe-nero-grinds-through-99m-refinancing-package |access-date=2024-11-20 |website=Real Deals |language=en}} In March 2011, Hutton Collins, with Duke Street Capital, acquired noodle restaurant chain Wagamama for £215 million from Lion Capital.{{Cite web |last=Alves |first=Joice |title=Duke Street Scores 3.4x Multiple on Wagamama Sale |url=https://www.penews.com/articles/duke-street-scores-3-4x-multiple-on-wagamama-sale-20181030 |access-date=2023-08-27 |website=www.penews.com |language=en-GB}}{{Cite news |date=2011-03-24 |title=Duke Street agrees wagamama noodle-chain deal |language=en |work=Reuters |url=https://www.reuters.com/article/wagamama-lion-idUKLDE72N20J20110324 |access-date=2023-07-19}} In January 2012, Hutton Collins invested £32million in Hunter Boot Ltd supporting the buy-out by majority stakeholder Searchlight Capital.{{Cite web |title=Hunter steps up expansion with £32m investment |url=https://www.ft.com/content/bec7af80-3c61-11e1-8d72-00144feabdc0 |access-date=2024-05-06 |website=www.ft.com}}{{Cite web |date=11 January 2012 |title=Hutton Collins invests in iconic Hunter wellies |url=https://www.privateequitywire.co.uk/hutton-collins-invests-iconic-hunter-wellies/ |access-date=6 May 2024 |website=Private Equity Wire}} In July 2012, Hutton Collins, with LGV Capital, acquired bar-chain owner Novus Leisure.{{Cite web |last= |first= |date=2012-07-29 |title=Bar-chain owner Novus Leisure acquired by Hutton Collins Partners and LGV Capital |url=http://www.manchestereveningnews.co.uk/business/markets/bar-chain-owner-novus-leisure-acquired-1234037 |access-date=2023-07-19 |website=Manchester Evening News |language=en}} In October 2013, Hutton Collins bought a stake in the Byron Hamburgers chain, purchased for £100 million from Gondola Group.{{cite web |url=http://gondolaholdings.com/downloads/Gondola%20sale%20of%20Byron%20to%20Hutton%20Collins%20final.pdf |title=Sale of Byron to Hutton Collins Partners |date= |publisher=Gondola Group |accessdate=31 January 2014}}{{cite news |title=Byron burger chain sold in £100m deal |first=Nathalie|last=Thomas|url=https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/leisure/10389785/Byron-burger-chain-sold-in-100m-deal.html |newspaper=The Daily Telegraph |date=18 October 2013 |accessdate=31 January 2014}}{{Cite news|url=https://www.telegraph.co.uk/business/2017/12/15/byron-burgers-could-shut-restaurants-owner-sells-majority-stake/|title=Byron Burgers could shut more restaurants after owner sells majority stake in rescue deal|last=Gerrard|first=Bradley|date=2017-12-15|work=The Telegraph|access-date=2018-03-12|language=en-GB|issn=0307-1235}}
In 2017 Hutton Collins sold majority stake in Byron Hamburgers to Three Hills Capital Partners, retaining a minority stake. 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.{{Cite news |last=Eley |first=Jonathan |date=2018-10-30 |title=Restaurant Group defends £559m acquisition of Wagamama |work=Financial Times |url=https://www.ft.com/content/f2ce2d5e-dc41-11e8-9f04-38d397e6661c |access-date=2023-08-27}}
References
{{Reflist}}
External links
- [http://www.huttoncollins.com/ Official website]
{{private equity firms}}
Category:Private equity firms of the United Kingdom
Category:Financial services companies established in 2002
Category:Financial services companies based in London
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