Private Equity (formerly
HSBC Private Equity) is a European
private equity firm with headquarters in London. Founded in 1968, in
2017 it was reported to have over €4 billion of fund assets under
management. It has invested in over 400 businesses over the last
four decades. Montagu also has offices in London, Düsseldorf,
Paris and Warsaw.
The firm was founded in 1968 as a division of
Midland Bank after
Midland's acquisition of Montague Trust, owner of Samuel Montagu &
HSBC revived the Montagu name in 2003 after acquiring Midland
Bank in 1992. MLLP Holdings, indirectly owned by Montagu's
management team, acquired 80.1% of Montagu shares in 2003, and in
2013, purchased the remaining 19.9% from HSBC.
The primary investment focus of Montagu is on management buyouts of
companies that operate in stable markets with transaction values
ranging from €100 million to €1 billion. Montagu does not have
target industry sectors, instead it looks for “businesses offering
products or services that are differentiated and would otherwise be
In 2013 portfolio companies include legal education training business
The University of Law, healthy spreads manufacturer St. Hubert and
internet hosting company Host Europe.
Previous investments include airfield lighting business ADB, survival
suit manufacturer Hansen Protection, hair products manufacturer GHD,
medical products provider BSN Medical and Marlow Foods, the owner of
the Quorn brand.
In September 2015, Montagu
Private Equity held a final close of its
fifth fund, amassing £2.75 billion.
In November 2017, the firm completed the purchase of the Sheffield
based company Servelec Group for £223.9m which entails Servelec
Health and Social Care (known for: EPR, PAS, RiO, Oceano, Flow;),
Servelec Technologies (SCADA) and Servelec Controls (Mission
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HSBC Bank To Sell 19.9% Stake In Montagu
Private Equity To MLLP
Holdings". RTT News. 5 April 2012. Retrieved 9 February 2018.
^ "Oakley Agrees Sale of Host Europe". Financial Times. Retrieved 15
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^ Hammond, Joshua (23 November 2017). "Listed Tech Firm to be Taken
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