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TelecityGroup acquires Sadece Hosting
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. Torch Partners acted as exclusive financial advisor to TelecityGroup
Mendeley is acquired by Reed Elsevier
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
Mendeley, Series A Equity fund raising
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
Graze is acquired by The Carlyle Group
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.
TelecityGroup acquires Academica
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. Torch Partners acted as exclusive financial advisor to TelecityGroup on the acquisition
Secret Escapes, Series-B Equity fund raising
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.
SEP and BGF back combination of SkyDox and Workshare to create market leader in online enterprise collaboration
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
SEP and BGF back combination of SkyDox and Workshare to create market leader in online enterprise collaboration
Torch Partners acted as exclusive financial advisor to SkyDox on the growth capital investment from a UK investor group led by Scottish Equity Partners and includes Business Growth Fund
TelecityGroup acquires Tenue Oy
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
Just-Eat has raised $64m of Series C equity financing
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 2012. Torch Partners acted as sole financial advisor to Just-Eat. Since 2009, Torch has helped Just-Eat to raise more than $130m in three equity financing rounds
Acquisition of Crashpadder by Airbnb
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.
Acquisition of a majority stake in 360T Group by Summit Partners
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. The investment will strengthen 360T’s continuous growth and international expansion into new markets. Torch Partners was exclusive financial advisor to Summit Partners
$25,000,000 Series-A, Equity fund raising
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. 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.
Acquisition of WorkPlace Systems financed by LDC
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
Series B Financing of Dropbox by RIT Capital Partners
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.
Acquisition of UKGrid by TelecityGroup
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
Series B Financing of FreeAgent by SM Trust
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
TelecityGroup acquires Data Electronics
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.
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
Loan Book Financing Facility
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.
Management Buyout of CarTrawler
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
Management Buyout of the UK2 Group
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.Torch Partners acted as exclusive financial advisor to the Company on the transaction
Borro Series-C Financing
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. Torch acted as exclusive adviser to Borro on this transaction, which demonstrates our long term commitment to clients.
Just-Eat have raised $48m of equity financing
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.
1st Exchange & N4 Acquire Screen Business
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.
21.Net Series-C Financing
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.
Lumison
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.
TelecityGroup
TelecityGroup acquired Internet Facilitators Limited (IFL) to the value of £21.1m, 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.
1st Exchange
1st Exchange, a leading provider of software and e-commerce solutions to the financial services sector, successfully acquired N4 Solutions (previously a division of Experian), a leading provider of distribution and fulfilment software for the retail financial services industry.
Huddle - fund raising
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.
Borro
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.
Livemusic.fm
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
3B Biofuels
Mercuria Energy 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.
1st Exchange / LDC
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 to the value of £115m.
Just-Eat
Index Ventures led a £10.5m Series A Financing of Just-Eat the leading European online meal ordering company.
Evans Analytics Group
SVTC bid £80.1m 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
Dylon
Spotless Group announced the acquisition of Dylon, formally part of the Mayborn Group (a 3i owned company).
Isango
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. Launched in late 2006, isango! is already a market leader in the online travel sector.
TelecityGroup IPO
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.
Australian Mining Holdings
Completion of a $60m financing from Goldman Sachs, for the development of coal resources in Queensland, Australia.
Globix
TelecityRedbus announced that it completed the $62m (approximately £33m) acquisition of Globix Corporation’s wholly-owned UK subsidiary, Globix Holdings (UK) Limited.
Telecity
Telecity Group plc announced a recommended £59.1m cash offer for UK listed data centre competitor, Redbus Interhouse plc.
Concise
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.
MTV Networks
MTV Networks is a division of media conglomerate Viacom that oversees the operations of many television channels and Internet brands, including the original MTV channel in the United States. Established in 1987 after Warner and American Express decided to divest the basic cable assets of Warner-Amex Satellite Entertainment, renaming it MTV Networks, Inc.
Telecity / Oak Hill
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.
Tertio
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.

Services

  • M&A
  • Private Placement
  • Strategic Advice
  • Structured Financing
  • IPO Advisory
  • Special Situations

Sectors

  • Internet, Communications, Technology and Services
  • Consumer
  • Resources, Renewables,Infrastructure

Client

  • Growth & Venture
  • Corporates
  • Sponsors, Financial Institutions

About

  • Meet the Team
  • Torch & Clients in the News
  • History & Culture
  • Torch & the Community
 
 
 
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
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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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Cookie policy

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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Should you require a list of the individual cookie names and descriptions please write to the Compliance Officer, Torch Partners Corporate Finance Limited, Floor 16, 33 Cavendish Square, London, W1G 0PW.

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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;
  2. Information about your transactions with us or others; and
  3. Information we receive from a consumer reporting agency

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.