Private Equity Awards 2008 - Boutique of the Year
April 2008
Livingstone Partners has been voted the Independent Corporate Finance House of 2008 at the prestigious Private Equity Awards ehld in London. The awards, hosted by the British Private Equity & Venture Capital Association (BVCA) and Real Deals magazine, are the ultimate accolade for the industry’s dealmakers in the undisputed capitol of European private equity.This is the second time that Livingstone has won (previously in 2006), which is awarded by an independent judging panel based on shortlists researched by the London Business School. The panel acknowledged the significant growth that Livingstone experienced in the sector in 2007 – with 23 deals worth $2.2bn – and the firm’s three-way merger with boutiques between the UK, Spain and the US to create a ‘joined-up’ international investment banking boutique focused on the middle market.
Livingstone partner Jeremy Furniss commented, “This award is a terrific endorsement of our strategy of creating a unique trans-Atlantic M&A capability. Livingstone has made considerable progress over the last 12 months and we look forward to an exciting 2008.”
In addition to this award, New York private equity house Castle Harlan was short-listed for ‘Large Deal of the Year’ for its role in the buy-out of Polypipe, the major European plastic pipe manufacturer. Castle exited the business in August 2007 for $900m and having achieved a 5.2x return after less than two years. Livingstone advised Castle on its initial investment and the Polypipe management team on the secondary buy-out backed by Bank of Scotland Integrated Finance.
For further information contact:
Jeremy Furniss
Tel: +44 (0)20 7484 4703
Email: jfurniss@livingstonepartners.co.uk
If you would like to receive more details about any of the events underlying any of the news items or press releases above, please email Ann Wilson.
