
Bridgepoint Development Capital acquires FCG
Bridgepoint Development Capital has acquired Sweden-based FCG Holding, which provides risk and compliance services to the financial sector.
Financial details of the transaction remain undisclosed, though unquote" understands Bridgepoint acquired a majority stake in FCG. It is also understood the GP drew capital from Bridgepoint Development Capital III, a £600m fund that held a final close in June 2016 and targets companies with enterprise values between £30-125m.
With the fresh capital, FCG intends to expand in the Nordic region and Europe.
Company
Established in Stockholm in 2008, FCG provides governance, risk and compliance services, primarily focused on the financial sector.
The company offers consultancy services, outsourcing and fund administration from operations in Stockholm, Malmö, Copenhagen and Oslo.
People
Bridgepoint Development Capital – Johan Dahlfors (partner).
FCG Holding – Kristian Bentzer (managing partner).
Advisers
Equity – Vinge (legal); KPMG (financial due diligence, tax); Arkwright (commercial due diligence); Marsh (insurance due diligence).
Company – Keystone MCF Corporate Finance (financial due diligence); Andulf (legal).
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