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Delivering Positive Outcomes

Torch & Clients in the News

Torch & Clients in the News

Date Target Acquiror/Investor Value Description Role Read more
2013 May £25,000,000

TelecityGroup acquired Sadece Hosting, a leading colocation and hosting services provider in Turkey for an initial consideration of £25m in cash, with an additional £4m linked to the Company reaching certain financial objectives. This acquisition marks the entry of TelecityGroup into the Turkish market, where the demand for internet infrastructure services is growing fas

Torch Partners acted as exclusive financial advisor to TelecityGroup on the acquisition application/pdf icon
2013 Apr undisclosed

Mendeley, the leading cloud-based research management and social collaboration platform and the world’s largest research paper database, has been acquired by Reed Elsevier.

Torch Partners acted as exclusive financial advisor to Mendeley on the acquisition application/pdf icon
2013 Jan undisclosed

Mendeley, the leading cloud-based research management and social collaboration platform and the world’s largest research paper database received Series A equity investment from Andurand Capital, Passion Capital and Access Industries

Torch Partners acted as exclusive financial advisor to Mendeley on the financing
2012 Dec undisclosed

The Carlyle Group has invested in Graze, the UK based online subscription service, delivering hand-picked boxes of healthy snacks directly to customers through the post. The funding from The Carlyle Group will be used to support the continued growth of Graze.

Torch Partners acted as exclusive financial advisor to Graze on the transaction.
2012 Nov €28,000,000

TelecityGroup acquired Academica, a leading data centre and IT services operator in Finland, for a total consideration of €28million in cash. This acquisition further strengthens TelecityGroup’s leadership position in Finland where there is a strong and growing demand for high quality, connected data centre services.

Torch Partners acted as exclusive financial advisor to TelecityGroup on the acquisition application/pdf icon
2012 Oct £8,000,000

Torch Partners was exclusive adviser to Secret Escapes in connection with their £8,000,000 Series-B investment led by Index Ventures, with participation from existing investors, Octopus Ventures and Atlas Venture. Secret Escapes is an online luxury travel club and offers unsold hotel rooms at cut price rates. The funding will be used for UK and international expansion.

Torch Partners acted as exclusive financial advisor to Secret Escapes on the financing application/pdf icon
2012 Sep

Torch Partners acted as exclusive financial advisor to SkyDox in connection with its merger with Workshare to launch the first policy-based enterprise collaboration platform for mobile, cloud and desktop usage. The combination is supported by growth capital investment from a UK investor group led by Scottish Equity Partners and includes Business Growth Fund.

Torch Partners acted as exclusive financial advisor to SkyDox application/pdf icon
2012 Aug -

TelecityGroup acquired Tenue Oy, one of Finland’s leading providers of carrier-neutral data centres. This acquisition marks the entry of TelecityGroup into the Finnish market.

Torch Partners acted as exclusive financial advisor to TelecityGroup on the acquisition application/pdf icon
2012 Apr $64,000,000

Just-Eat has raised $64m of equity financing in a round led by Vitruvian Partners with existing investors Index Ventures, Greylock Partners and Redpoint Ventures also investing. It is the largest ecommerce fundraising in Europe so far in this year. The new capital will be used on strategic acquisitions for smaller rivals and further investment in product and technology.

Torch Partners acted as sole financial advisor to Just-Eat introducing potential investors and managing the financing process. Since 2009, Torch Partners has helped Just-Eat to raise more than $130m in three equity financing rounds. application/pdf icon
2012 Mar undisclosed

Torch Partners was exclusive adviser to Crashpadder in relation to their strategic sale to Airbnb. Crashpadder runs an online marketplace where people can list their homes and apartments for short stay rentals. The deal is further evidence of Torch's connectivity between Europe and Silicon Valley and our industry expertise in internet marketplaces.

Torch Partners acted as exclusive advisor to Crashpadder on the acquisition application/pdf icon
2012 Feb undisclosed

Summit Partners, a leading growth equity investor has invested in 360T Group, a Frankfurt based leading global provider of web-based trading technology for OTC financial instruments, particularly currency exchange, short term money market loan/deposits and interest rate derivatives.
The investment will strengthen 360T’s continuous growth and international expansion into new markets, and supports 360T’s strategy in providing a best-in-class trading technology.

Torch Partners acted as exclusive financial advisor to Summit Partners on the transaction application/pdf icon
2012 Jan $25,000,000

Torch Partners was exclusive advisor to Unruly in connection with their $25m Series-A investment jointly led by Amadeus Capital Partners and Van den Ende & Deitmers, with participation from the Business Growth Fund. Unruly is the leading global technology platform for social video advertising. The financing is the first outside funding Unruly has received and will be used to cement Unruly's position as global leader in social video advertising.

Torch Partners acted as exclusive financial advisor to Unruly on the financing application/pdf icon
2011 Dec £41,000,000

Wasp Management Software, a company backed by LDC, has made a recommended cash offer for WorkPlace Systems, the AIM listed, SaaS workforce management software company.
The customer base of WorkPlace Systems includes Walmart in the US and Gala Coral, H&M and Metro Group in Europe.

Torch Partners acted as financial advisor to LDC and Wasp Management Software on the acquisition application/pdf icon
2011 Oct $250,000,000

RIT Capital Partners plc were a major investor in the Dropbox Series B financing. The financing was led by Index Ventures and also included Sequoia Capital, Accel Partners, Benchmark Capital, Goldman Sachs, Greylock Partners, Institutional Venture Partners and Valiant Capital Partners.

Torch acted as advisor to RIT Capital Partners plc
2011 Sep £2,250,000

SM Trust, working with Torch, invested more than £2M into FreeAgent to further accelerate their rapid growth. FreeAgent is a leading online bookkeeping and accounting system already used by over 12,000 freelancers and small businesses.

Torch Partners worked with SM Trust to make the investment application/pdf icon
2011 Sep £11,700,000

TelecityGroup acquired UKGrid Group, a leading UK data centre operator for £11.7m. The acquisition of UK Grid will immediately add approximately 1.5 megawatts of high quality carrier neutral capacity to TelecityGroup’s existing estate in the North West with the potential for further expansion.

Torch Partners acted as financial advisor to TelecityGroup on the acquisition application/pdf icon
2011 Aug £87,600,000

TelecityGroup acquired Data Electronics, Ireland’s leading provider of carrier-neutral data centres with a current combined capacity of 4,600 sqm and 4MW of customer power. The combination of Data Electronics and TelecityGroup establishes a platform to capture the strong demand potential for connected data centre services in Ireland and fulfil the growth requirements of existing customers.

Torch Partners acted as financial advisor to TelecityGroup on the acquisition application/pdf icon
2011 Aug undisclosed

MBO of WTG by DTI Capital.
WTG is a specialist information integrator focused on delivering high security solutions into the Public Sector, specifically Criminal Justice and National Security sectors.

Torch Partners acted as exclusive financial advisor to WTG on the MBO
2011 Jun undisclosed

Torch Partners acted as exclusive financial adviser to their long-term client Borro in helping source, arrange and structure a unique debt financing solution for this rapidly growing online financial services business. Borro is revolutionising the Pawnbroking industry and is set to become one of the most important alternative consumer credit companies created in the last 5 years.

Torch Partners acted as exclusive financial adviser to Borro application/pdf icon
2011 May undisclosed

ECI Partners, the UK mid-market private equity firm, has invested in CarTrawler, the Dublin-based market leading provider of online car rental distribution systems. The funding from ECI will be used to support the continued growth of CarTrawler organically and through acquisition.

Torch Partners acted as exclusive financial advisor to CarTrawler and its Shareholders application/pdf icon
2011 Apr undisclosed

LDC, the leading mid-market private equity arm of Lloyds Banking Group, acquired a majority stake in the UK2 Group, a leading international provider of domain name registration and web-site hosting services, in partnership with its management team. LDC will support management in building on the company’s position as the leading innovator in mass market hosting.

Torch Partners acted as exclusive financial advisor to the Company on the transaction application/pdf icon
2011 Mar $48,000,000

Just-Eat is the world’s leading online aggregator of takeaway restaurants. Just-Eat have raised $48m of equity financing in a round co-led by Greylock Partners and Redpoint Ventures with Index Ventures and other existing angels also investing. The new capital will be used to further internationalise the Just-Eat network.

Torch Partners acted as sole financial advisor to Just-Eat introducing potential investors and managing the financing process application/pdf icon
2011 Mar £7,500,000

Torch Partners continue to advise Borro, a long time client, and the leading internet based pawnbroker. Borro has secured a further £7.5m of equity investment, led by new investor Augmentum capital. Borro is the first and largest online pawnbroker and is revolutionising a 1000 year old business model by offering consumers a fairer and more transparent deal.

Torch acted as exclusive adviser to Borro on this transaction, which demonstrates our long term commitment to clients.
2011 Feb undisclosed

1st Exchange & N4, the market leading provider of technology solutions to the financial services market, today announced its acquisition of Screen Business, a leading developer of websites and internet applications for IFAs and Providers.

Torch Partners acted as exclusive financial advisor to 1st Exchange on the acquisition application/pdf icon
2011 Jan £6,500,000

21Net is a supplier of broadband internet and multimedia systems on board of trains with clients including Thalys and SNCF. 21Net raised a £6.5m Series-C financing round led by Innovacom, an experienced investor in the telecoms sector, to expand its commercial capabilities and operations globally.

Torch Partners acted as financial advisor to 21Net, providing access to specialist venture capital investors and managing the financing process
2010 Oct undisclosed

Bridgepoint Development Capital acquired a majority stake in Lumison, the UK provider of connectivity, hosting and managed IT services. BDC invested alongside incoming executive, Mark Howling, formerly CEO of Digica, and existing management. Lumison is the first step in a “buy and build” programme to create a fully integrated IT services group focused on serving the high growth SME market.

Torch Partners acted as exclusive financial advisor to Lumison and its shareholders on the transaction application/pdf icon
2010 Jul £21,100,000

TelecityGroup acquired Internet Facilitators Limited (IFL), a carrier neutral data centre in Manchester, UK with 1,600 sqm (1.4 MW) of high quality capacity. Offering a complementary strategic fit with TelecityGroup’s existing presence in the city, the acquisition also brought the potential for significant further growth.

Torch Partners acted as exclusive financial advisor to TelecityGroup on the acquisition. application/pdf icon
2010 Jun undisclosed

Technology solutions provider 1st Exchange has successfully acquired N4 Solutions (previously a division of Experian), a leading provider of distribution and fulfilment software for the financial services industry.

Torch Partners acted as exclusive financial advisor to 1st Exchange on the acquisition. application/pdf icon
2010 May $10,200,000

Huddle is a leading inter-enterprise online collaboration tool which enables organisations and their employees to work together better both internally and with partners. Huddle raised a $10.2m equity financing round from Matrix Partners, a top-10 US VC, to expand to the US and continue their sales and marketing efforts.

Torch Partners acted as financial advisors to Huddle, focusing on running a competitive process and accessing US based venture capital investors. application/pdf icon
2010 Mar £10,000,000

Borro is the first and largest online pawnbroker and is revolutionising a 1000 year old business model by offering consumers a fairer and more transparent deal. Borro raised £10m in equity and debt financing to continue their rapid growth and fund both customer acquisition and the growth in their loan book.

Torch Partners acted as financial advisors to Borro managing a complex structured debt and equity deal.
2010 Mar undisclosed

Prominent Industry Angels with over 30 years combined experience working in the music business. The team at Livemusic.fm help find the best local gigs and the cheapest tickets online.

Torch Partners acted as sole financial advisor to Livemusic managing the financing process
2009 Nov undisclosed

Mercuria Energy has successfully acquired the senior debt securities of 3B Biofuels GmbH & Co. KG from Bank of Scotland Plc and IKB Deutsche Industriebank AG together with the subordinate debt and equity securities from Babcock & Brown Global Partners and Babcock & Brown Limited.

Torch Partners acted as exclusive financial advisor to Mercuria Energy on the acquisition of the senior debt, subordinate debt and equity securities. application/pdf icon
2009 Aug £115,000,000

Lloyds Development Capital completed the acquisition of a majority stake in 1st The Exchange, wholly owned subsidiaries of Vertex, a portfolio company of Oak Hill Capital Partners.

Torch Partners acted as exclusive financial advisor to LDC on the acquisition. application/pdf icon
2009 Jul £10,500,000

Index Ventures led a £10.5m Series A Financing of Just-Eat the leading European online meal ordering company.

Torch Partners acted as sole financial advisor to Just-Eat managing the financing process. application/pdf icon
2008 Aug £80,100,000

SVTC bid for Evans Analytics Group a leading, fully integrated and independent materials characterization lab network delivering testing services.

Torch Partners and GCA Savvian acted as joint financial advisors to SVTC and its investors Oak Hill Capital Partners, Tallwood Capital.
2008 Jun undisclosed

Spotless Group announced the acquisition of Dylon, formally part of the Mayborn Group (a 3i owned company).

Torch Partners acted as sole financial advisor to the Mayborn Group. application/pdf icon
2008 Feb $8,000,000

Isango!, the world's leading provider of travel experiences is pleased to announce its Series A funding led by SPARK Ventures, with Beringea and existing investors contributing to the round.

Torch Partners acted as sole financial advisor to Isango! managing the financing process.
2007 Oct £436,000,000

Telecity Group successfully completed its listing on the LSE, raising net proceeds of £67.5m and valuing the business at a market cap of £436m.

Torch Partners acted as financial advisor to the Company on the IPO. application/pdf icon
2007 Feb $60,000,000

Completion of a $60 million financing from a major investment bank, for the development of coal resources in Queensland, Australia.

Torch Partners and TC Capital acted as joint financial advisor on the financing.
2006 Sep $62,000,000

TelecityRedbus announced that it completed the $62m (approximately £33m) acquisition of Globix Corporation’s wholly-owned UK subsidiary, Globix Holdings (UK) Limited.

Torch Partners acted as sole financial advisor to TelecityRedbus on the acquisition. application/pdf icon
2006 Apr undisclosed

Brains Direct announced the acquisition of Concise Group.

Torch Partners and McNamee Lawrence acted as joint financial advisor to Alexander Mann, the parent company of Concise Group. application/pdf icon
2005 Nov £59,100,000

Telecity Group plc announced a recommended £59.1m cash offer for UK listed data centre competitor, Redbus Interhouse plc.

Torch Partners acted as sole financial advisor to Telecity Group plc. application/pdf icon
2005 Jul £57,900,000

Inhoco 3236 plc, a special purpose investment vehicle backed by 3i and Oak Hill Capital Partners, announced a recommended £57.9m cash offer for data centre operator, Telecity plc.

Torch Partners acted as sole financial advisor to 3i and Oak Hill Capital Partners. application/pdf icon
2004 Nov undisclosed

Evolving Systems announced the acquisition of the private equity backed OSS business, Tertio Telecoms.

Torch Partners acted as sole financial advisor to Tertio Telecoms investors, Apax Partners and Advent International. application/pdf icon
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  • M&A
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  • Internet, Communications, Technology and Services
  • Consumer
  • Resources, Renewables,Infrastructure

Client

  • Growth & Venture
  • Corporates
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About

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  • History & Culture
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Torch Partners
Corporate Finance Ltd

Floor 16, 33 Cavendish Square
London, W1G 0PW
England
+44 (0)20 7227 8830
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Torch Partners Incorporated
One Market
Spear Tower, 36th Floor
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California, 94105, USA

+1 415 944 8900
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Torch Partners Corporate Finance Limited is authorised and regulated by the Financial Services Authority. Torch Partners Corporate Finance Limited is registered in England and Wales with Companies House
registration number 04039591. A list of members' names is available for inspection at: 411 Tower Bridge Business Centre,46-48 East Smithfield, London,E1W 1AW, United Kingdom, which is the firm's registered office.
Torch Partners Corporate Finance Incorporated is a member of FINRA and SIPC

DISCLAIMER COOKIE POLICY PRIVACY POLICY BUSINESS CONTINUITY PLAN USA NEW ACCOUNTS NOTICE
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Disclaimer

Torch Partners Corporate Finance Limited (“Torch”) is authorised and regulated by the Financial Services Authority in the UK and is entered on the latter’s Register, www.fsa.gov.uk, under number 195597.

Torch is registered in England and Wales at 411 Tower Bridge Business Centre,46-48 East Smithfield, London,E1W 1AW. Registered company number: 04039591.

This website provides information only and does not represent an offer or a solicitation or a recommendation to buy or sell any security.

The material on this website is directed solely at eligible counterparties and professional clients as those terms are defined by the Financial Services Authority. The material is not directed at, may not be suitable for and should not be relied on by retail clients.

Neither Torch nor any of its directors, officers, employees or agents shall be liable for any error or incompleteness of fact or opinion in it or lack of care in its preparation or publication. Any opinion, estimate or projection may be changed without notice.

Torch or one or more of its associates or directors or employees may from time to time have a position, or may have undertaken or undertake an own account transaction, in a security referred to in the material that follows or in a related security.

This website is produced by Torch Partners Corporate Finance Limited and no part may be reproduced in any manner without the written permission of the same.

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Our Cookie Policy describes how we may collect and use information you provide when you visit this website. As you may be aware, as part of a change in legislation all websites are now required to provide additional information on what cookies are, how they are used, what benefits they bring as well as the visitors’ consent to use certain cookies.

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Privacy Policy

Torch Partners Corporate Finance Incorporated (“Firm or TPCFI”) is a member broker/dealer of FINRA and is required to meet the requirements of the SEC Regulation S-P, “Privacy of Consumer Financial Information”. In order to comply with this requirement, TPCFI is providing you with this statement regarding its policies on the handling of confidential consumer information.

TPCFI collects non-public personal information about you from the following sources:

  1. Information we receive from you on applications or other forms;
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We do not disclose any non-public personal information about you to anyone, except as permitted by law.

If you decide to discontinue your business relationship with us, we will adhere to the privacy policies and practices as described in this notice.

The Firm restricts access to your personal and business information to those employees who need to know that information to provide services to you.

The Firm maintains physical, electronic, and procedural safeguards to guard your non-public personal information.

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Torch Partners Corporate Finance Incorporated’s Business Continuity Planning

Torch Partners Corporate Finance Incorporated (“TPCFI” or “Firm”) has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us – If after a significant business disruption you cannot contact us as you usually do, you should call our alternative number +44207 227 8830 or go to our website at www.torchpartners.com. If all traditional means of communication are unavailable, the Firm will post (if at all possible) emergency contact information and instructions on its web site www.torchpartners.com regarding access to the Firm’s representatives.

Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the Firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our Firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact and regulatory reporting.

Varying Disruptions – Significant business disruptions can vary in their scope, such as only our Firm, a single building housing our Firm, the business district where our Firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our Firm or a building housing our Firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 24 hours. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 48-72 hours. In either situation, we plan to continue in business and notify you by the nearest means available on how to contact us.

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IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT IN THE UNITED STATES OF AMERICA

To help the US government fight the funding of terrorism and money laundering activities, US Federal law requires all financial institutions, including Torch Partners Corporate Finance Incorporated, to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.