Sources & Uses Capital Structure (GBP / USD)
Debt tranches and Sponsor Equity commitment
5-Year Returns Matrix (Exit Multiple vs ARR Growth Rate)
Cell shows Multiple on Invested Capital (MoIC) & Gross IRR
Landmark UK Software Take-Private Arbitrage Comps
US PE acquiring UK public SaaS at structural FX and valuation discounts
| Target | Buyer | Deal Value (£ / $) | EV / ARR | EV / EBITDA | Premium | Year |
|---|---|---|---|---|---|---|
| Pinewood Technologies | Ridgeview (US PE) | £545M ($739M) | 11.2x | 22.5x | +34.5% | 2026 |
| Ideagen PLC | Hg Capital | £1,090M ($1.35B) | 12.8x | 24.6x | +52.0% | 2022 |
| AVEVA Group | Schneider Electric | £9,500M ($11.6B) | 8.5x | 21.0x | +41.0% | 2023 |
| Sophos Group | Thoma Bravo | £3,100M ($3.9B) | 5.4x | 17.8x | +37.1% | 2020 |
Structured M&A Memo Output: