
Elysian Capital in MBO for Sambro International
Elysian Capital has supported an MBO for UK-based licensed toy manufacturer Sambro International.
According to Elysian CEO Ken Terry, the GP was particularly attracted to the growth delivered by the business, its in-house product design team and its partnership approach with brand owners and retailers.
This is the first platform deal for the Elysian Capital II LP fund. The GP held a final close for the fund on £250m in July 2015 after just five months on the road. The value of the deal is undisclosed, however the fund targets deals within the £10-100m size range.
Sambro is understood to have more than doubled sales over the last 3 years under the leadership of directors Tom Duffy, Nikki Samuels and Jeremy Clynes. The firm is partnered with global brand owners such as Disney, Universal and Nickelodeon. Its recent growth has been both domestic and international, and has been supported by new franchises, product categories and territories.
Company
Founded in 1997, Sambro creates, designes, produces and distributes licensed children's products covering a range of product categories and franchises. The company is based in Bury with offices in Hong Kong and the Netherlands. The business most recently posted £60m in sales.
People
Sambro International – Tom Duffy, Nikki Samuels, Jeremy Clynes (directors).
Elysian Capital – Ken Terry (CEO).
Advisers
Equity – PwC (Corporate finance, financial & commercial due diligence); Eversheds (Legal); Aon Group (Insurance due diligence).
Company – KPMG (Corporate finance); DLA Piper (Legal).
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