Barrie & Hibbert
Background and business issues
Barrie & Hibbert is a specialist provider of simulation based risk management software, content and consultancy services to the global financial services sector. Headquartered in Edinburgh, Barrie & Hibbert employ over 100 staff, with offices in London, New York, Hong Kong, Germany and Luxembourg.
Deloitte was appointed as advisors in Q1 2011, to look for a partner who recognised the growth potential of B&H and had a strong appetite to invest in the development of the company.
Our role and approach
The deal was delivered by a cross service line offering. Our Corporate Finance Advisory team was led by Cahal Dowds and Gavin Hood, with support from Stuart Sparkes and Andrew McGeough.
Rick Ballard, John Macintosh, Donald Campbell and Oliver Hemming provided financial, taxation and market sizing vendor due diligence services to help deliver a smooth transaction.
The advisory team helped the company throughout the deal with strategic and market insight, producing both a teaser document and detailed information memorandum, and running a competitive auction process.
The deal attracted a high level of interest from both private equity and trade players.
Barrie & Hibbert was acquired by Moody’s for £50m in Q4 2011.