Montagu is a
mid-market private equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...
firm with a specialism in carve-out transactions and other first-time buyout investments. Montagu partners with companies with multi-million dollar enterprise values. Headquartered in London, Montagu also has offices in Paris, Frankfurt, Warsaw and Luxembourg.
History
The firm was founded in 1968 as a division of
Midland Bank
Midland Bank Plc was one of the Big Four banking groups in the United Kingdom for most of the 20th century. It is now part of HSBC. The bank was founded as the Birmingham and Midland Bank in Union Street, Birmingham, England in August 1836. It ...
after Midland's acquisition of Montagu Trust, owner of
Samuel Montagu & Co. The business was renamed HSBC Private Equity after
HSBC
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ...
acquired Midland Bank in 1992 and the Montagu name was revived when Montagu's management team acquired 80.1% of Montagu shares from HSBC in 2003.
In 2013, the team purchased the remaining 19.9% from HSBC.
Investments
The primary investment focus of Montagu is on
management buyouts
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of ...
of performing businesses with enterprise values typically ranging from €200 million to €1 billion.
References
{{reflist
Private equity firms of the United Kingdom
Companies based in the London Borough of Southwark