Royal bank private equity

Robert Sutton at Macfarlanes is strengthening his longstanding relationship with Royal Bank Private Equity with this deal. It comes on the back of his advice on the client’s Queensborough caravan park acquisition earlier this year.
On this deal, Royal Bank Private Equity, the private equity arm of the Royal Bank of Scotland, funded the £441m buyout of Britax after bid talks were declared back in January. Royal Bank backed the bid made by newco Seton House Acquisition, which will include the management of Britax led by chief executive Bernard Brogan.
Britax is a manufacturer of vehicle accessories and safety equipment, and was bought for £1.47 in cash per share.
Sutton has advised Royal Bank on a number of transactions, including a raft of public to privates, but said that increasing activity from the client was cementing the relationship.