Company:Peel Hunt

From HandWiki
Peel Hunt
TypeLimited liability partnership
IndustryInvestment banking
Founded1989; 35 years ago (1989) in London, United Kingdom
Area served
Worldwide
Key people
  • Steven Fine, Chief Executive Officer
ServicesInvestment banking
Number of employees
250+
Websitewww.peelhunt.com

Peel Hunt is an investment bank that provides brokerage and financial advisory services for businesses. The company is headquartered in London, England.[1][2][3]

History

Peel Hunt was founded in 1989 by Charlie Peel, a descendant of Metropolitan Police force founder Sir Robert, and Christopher Holdsworth Hunt.[4]The company was acquired by KBC in 2001, becoming KBC Peel Hunt. At the time, Simon Hayes was the CEO of the company. The firm regained its independent status in 2010 after a buyout by its staff. 75% of the company is owned by its staff, while the remaining 25% is owned by private investors. In 2014, the opened its New York office. Steven Fine was appointed as the CEO of the company in 2016. [5][6]

Operations

The firm functions with a particular focus on the medium and small scale section of the market.[7] Peel Hunt has helped corporate broking clients including: Essentra PLC raise £100 million, Galliford Try raise £157m, SIG raise £165 million, Warehouse REIT raise £100 million and Primary Health Properties raise £140 million. [8][9][10][11][12][13]

In December 2019, Peel Hunt advised Octopus Renewables with their £350m fund raise launch, [14]and managed AA PLC’s Bond Purchase Programme. Peel Hunt advised Hansteen Holdings in a £500m Recommended Cash Acquisition by Potter UK Bidco Limited [15]and advised on the £1.075 billion merger of Galliford Try’s Linden Homes and Partnerships & Regeneration divisions with Bovis Homes Group plc. [16]

In March 2020, Peel Hunt acted as an adviser to Moss Bros regarding their recent takeover.[17] In May 2020, they advised On the Beach with a £67.3m Accelerated Book Build Placing.[18]

Recognition

Peel Hunt ranked as No. 1 in Research in Institutional Investor’s 2020 U.K. Small & Mid-cap Research Team. It was also ranked as No. 1 in research in the 2019 Thomson Reuters Extel Survey of UK Small & Mid-cap Brokerage Firms.[19][20]

References

  1. "DFS upholsters profits by £100 million with Covid-inspired sales boom". https://www.ii.co.uk/analysis-commentary/dfs-upholsters-profits-ps100-million-covid-inspired-sales-boom-ii513292. 
  2. Hore, Andrew (2019-09-26). "Peel Hunt believes there is value in Burford" (in en-GB). https://ukinvestormagazine.co.uk/peel-hunt-believes-there-is-value-in-burford/. 
  3. "Peel Hunt initiates coverage of investment companies" (in en). 2015-06-18. https://www.internationalinvestment.net/internationalinvestment/research/3715442/peel-hunt-initiates-coverage-investment-companies. 
  4. "The TRADE issue 65 Autumn 2020 - The TRADE". https://www.thetradenews.com/magazine/the-trade-issue-65-autumn-2020/. 
  5. "Peel Hunt adopts Torstone's Inferno in the US | Institutional Asset Manager" (in en). 2017-10-13. http://www.institutionalassetmanager.co.uk/2017/10/13/257145/peel-hunt-adopts-torstones-inferno-us. 
  6. "Peel Hunt staff buyout from KBC completes" (in en-GB). 2010-11-29. https://www.cityam.com/peel-hunt-staff-buyout-kbc-completes/. 
  7. "Mifid II launched one year ago and financial brokers are embracing the opportunity" (in en-GB). 2019-01-10. https://www.cityam.com/mifid-ii-launched-one-year-ago-and-financial-brokers/. 
  8. "Sale of Housing Businesses - 07:00:10 07 Nov 2019 - GFRD News article | London Stock Exchange". https://www.londonstockexchange.com/news-article/GFRD/sale-of-housing-businesses/14297956. 
  9. "Result of Placing - 16:37:13 09 Jul 2020 - PHP News article | London Stock Exchange". https://www.londonstockexchange.com/news-article/PHP/result-of-placing/14609959. 
  10. "Results of Firm Placing - 07:00:04 19 Jun 2020 - WHR News article | London Stock Exchange". https://www.londonstockexchange.com/news-article/WHR/results-of-firm-placing/14583783. 
  11. "Successful Completion of Bookbuilding Process - 15:41:29 19 Jun 2020 - SHI News article | London Stock Exchange". https://www.londonstockexchange.com/news-article/SHI/successful-completion-of-bookbuilding-process/14585035. 
  12. "Issue of Equity – Company Announcement - FT.com". https://markets.ft.com/data/announce/detail?dockey=1323-14690056-2PRBEEK62NTT7AMPGFPI0CF3TQ. 
  13. "Meet Steven Fine: The Southend man leading Peel Hunt's City advance" (in en). 2018-04-20. https://www.standard.co.uk/business/meet-steven-fine-the-southend-cheeky-chappie-leading-peel-hunts-city-advance-a3819296.html. 
  14. "Octopus Renewables smashes target with £350m launch". https://citywire.co.uk/investment-trust-insider/news/octopus-renewables-smashes-target-with-350m-launch/a1302818. 
  15. Media, Insider. "Blackstone affiliate and Hansteen agree takeover deal" (in en). https://www.insidermedia.com/news/national/blackstone-affiliate-and-hansteen-agree-takeover-deal. 
  16. "The UK's top 10 small and mid cap analysts". https://citywire.co.uk/wealth-manager/news/the-uks-top-10-small-and-mid-cap-analysts/a1234991. 
  17. Media, Insider. "Historic menswear firm lined up for takeover" (in en). https://www.insidermedia.com/news/national/historic-menswear-firm-lined-up-for-takeover. 
  18. McSherry, Mark. "On the Beach raises £67m in sale of new shares – Northern Financial Review" (in en-GB). https://northernfinancialreview.com/2020/05/22/on-the-beach-raises-67m-in-sale-of-new-shares/. 
  19. "The UK's top 20 small and mid cap analysts". https://citywire.co.uk/wealth-manager/news/the-uks-top-20-small-and-mid-cap-analysts/a1391612. 
  20. "These U.K. Brokers Have 'Thrived'" (in en-gb). https://www.institutionalinvestor.com/article/b1ms7kz4gq3dwn/These-U-K-Brokers-Have-Thrived.