Pinsent Masons

Ansarada helps private equity close 500 million British pounds ($781 million) deals.

When European private equity firm Patron Capital Partners wanted to sell the UK’s Motor Fuel Group, legal advisers Pinsent Masons LLP were asked to select a data room for the deal.

Pinsent Masons choose Ansarada.

Why?

“Ansarada understands the importance of a well structured and thought out data room,” says Pinsent Masons solicitor Joshua Willis. “Its data rooms make it easy to upload documents, has a user friendly interface and has a very good Q&A facility together with sophisticated features.”

Motor Fuel Group is the UK’s number two independent petrol and convenience retailer and generated more than 1 billion British pounds of pro forma sales in 2014.

Under Patron Capital Partners’ ownership the Motor Fuel Group has grown from 48 sites in 2011 to 373 sties in addition to operating a dealer network of more than 200 sites.

The dealer network operates under the BP, Shell, Texaco and Jet brands and have retail partnerships with Costcutter and Costa Coffee.

This year the Sunday Times ranked Motor Fuel Group ninth in its “Profit Track 100” list that ranks private companies by profit growth.

The sale of Motor Fuel Group was a five-month process and culminated in its acquisition by one of private equity’s pioneers, the New York-based firm Clayton, Dubilier & Rice.

“Ansarada’s Q&A facility meant this did not turn into an overly drawn out process,” says Mr Willis of Pinsent Masons. “Ansarada certainly played a apart in making the process quite straight forward.”

Joshua Willis, solicitor, Pinsent Masons