
HgCapital backs the buyout of ATC Group
HgCapital has agreed to acquire a majority stake in Dutch provider of corporate services to industrial and financial multinational ATC Group.
The value of the buyout, which is pending regulatory clearance, is undisclosed. However, it is known that HG Capital Trust Plc, the listed vehicle which gives private and institutional investors the opportunity to participate in all of HgCapital's investments, will contribute approximately £10.3m to the investment.
Founded over a century ago, Amsterdam-based ATC Group is a specialist provider of fiduciary, management and administration services to large companies, financial organisations and entrepreneurs.
HgCapital sourced the opportunity through proprietary means and completed the deal on an off-market basis.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Julian Longhurst on +44 20 7004 7449 or julian.longhurst@incisivemedia.com
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds