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Hutton Collins

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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.[1]

Investments

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In July 2007, Hutton Collins acquired Healthcare at Home, today known as Sciensus, from Apax Partners, with the management team owning the majority stake.[2][3]

In January 2011, Hutton Collins, Goldman Sachs and Bayside Capital supported Caffè Nero with £99m in refinancing and their anticipated expansion.[4][5][6] In March 2011, Hutton Collins, with Duke Street Capital, acquired noodle restaurant chain Wagamama for £215 million from Lion Capital.[7][8] In January 2012, Hutton Collins invested £32million in Hunter Boot Ltd supporting the buy-out by majority stakeholder Searchlight Capital.[9][10] In July 2012, Hutton Collins, with LGV Capital, acquired bar-chain owner Novus Leisure.[11] In October 2013, Hutton Collins bought a stake in the Byron Hamburgers chain, purchased for £100 million from Gondola Group.[12][13][14]

In 2017 Hutton Collins sold majority stake in Byron Hamburgers to Three Hills Capital Partners, retaining a minority stake.[14] 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.[7][15]

References

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  1. ^ "Hutton Collins Partners Mergers and Acquisitions Summary | Mergr". mergr.com. Retrieved 27 August 2023.
  2. ^ Barber, Marc (26 September 2007). "Hutton Collins buys Healthcare at Home interest". Growth Business. Retrieved 10 September 2023.
  3. ^ "Apax Partners sells Healthcare at Home to Hutton Collins | Apax Partners". www.apax.com. Retrieved 10 September 2023.
  4. ^ Britton, Nick (18 January 2011). "Caffè Nero in £99 million refinancing". Growth Business. Retrieved 20 November 2024.
  5. ^ "Hutton Collins completes refinancing of Caffè Nero". Private Equity Wire. 19 January 2011. Retrieved 20 November 2024.
  6. ^ "Caffè Nero grinds through £99m refinancing package". Real Deals. Retrieved 20 November 2024.
  7. ^ a b Alves, Joice. "Duke Street Scores 3.4x Multiple on Wagamama Sale". www.penews.com. Retrieved 27 August 2023.
  8. ^ "Duke Street agrees wagamama noodle-chain deal". Reuters. 24 March 2011. Retrieved 19 July 2023.
  9. ^ "Hunter steps up expansion with £32m investment". www.ft.com. Retrieved 6 May 2024.
  10. ^ "Hutton Collins invests in iconic Hunter wellies". Private Equity Wire. 11 January 2012. Retrieved 6 May 2024.
  11. ^ "Bar-chain owner Novus Leisure acquired by Hutton Collins Partners and LGV Capital". Manchester Evening News. 29 July 2012. Retrieved 19 July 2023.
  12. ^ "Sale of Byron to Hutton Collins Partners" (PDF). Gondola Group. Retrieved 31 January 2014.
  13. ^ Thomas, Nathalie (18 October 2013). "Byron burger chain sold in £100m deal". The Daily Telegraph. Retrieved 31 January 2014.
  14. ^ a b Gerrard, Bradley (15 December 2017). "Byron Burgers could shut more restaurants after owner sells majority stake in rescue deal". The Telegraph. ISSN 0307-1235. Retrieved 12 March 2018.
  15. ^ Eley, Jonathan (30 October 2018). "Restaurant Group defends £559m acquisition of Wagamama". Financial Times. Retrieved 27 August 2023.
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