August Equity LLP
August Equity announces changes in leadership
Philip Rattle to become chairman with David Lonsdale succeeding him as managing partner
The Bolt-Ons Digest – 11 November 2022
Unquote’s selection of the latest add-ons including Hg and ICG's Iris, Inflexion's THE, Bain's House of HR and more
August Equity to target GBP 400m in fundraise for upcoming sixth fund
Fundraising plans come following several exits from the GP’s 2016-vintage fourth fund
August reaps 8x money on Amtivo exit to Charterhouse
GP will reinvest in accredited certification group as minority shareholder alongside management
August Equity mandates Rothschild for Amtivo exit
Sale process for UK-based ISO certification provider is expected in Q2 2022
August sells Zenergi to ECI for 5.3x
Sale of the energy and sustainability service provider ends a holding period of just over four years
August Equity invests in Integrity360
GP intends to support the cybersecurity firm's management with acquisitions across Europe
August Equity sells PCS to BC Partners' VetPartners
Sale ends a six-year holding period for August, which invested in the company via its £200m August Equity Partners III fund
August Equity hires Walsh, Stevens and Coates
UK-based PE firm August Equity hires Greg Walsh, Mark Stevens and Michael Coates
August Equity acquires Business Systems
Geoff Love, former chief executive officer of Commify, joins the company as executive chairman
August-backed Code acquires Isopharm
Based in Sheffield and founded in 1999, the dental training company employs 50 people
GP Profile: August Equity Partners
Philip Rattle discusses mitigating the effects of the coronavirus crisis on the portfolio, and the firm's exit strategy
August promotes Muckle to investment director
Muckle joined August Equity in 2017 and most recently co-led their investment in AirIT
August-backed Amtivo acquires Certification Europe for €6m
Based in Dublin and founded in 1999, Certification Europe has offices in the UK, Japan and Italy
August Equity Partners V closes on £300m, acquires Air IT
Fund held a first close in December 2019 on almost £200m and closed on its hard-cap of £300m
August Equity targeting early-2020 close for fifth fund
August Equity Partner IV closed on £224m in April 2017 and recently made its 10th acquisition
August acquires dentistry software developer Code
Deal is the 10th investment from August Equity Partners IV, which closed on £224m in 2017
August Equity exits Wax Digital
This is the fund's sixth realisation, following the sale of Vet Partners and Compass Community
Elysian acquires Aspirations Care from August
Deal for the residential care provider brings to an end a seven-year holding period for the vendor
August-backed PCS acquires Essex Pet Crematorium
Deal is the eighth acquisition made by the pet crematorium group under the GP's tenure
August Equity-backed PCS bolts on Norfolk Pet Crematorium
Shareholders of Norfolk Pet Crematorium are retiring from management of the business
August Equity acquires Hallmark Veterinary Imaging
August continues its streak of investment in the petcare sector, following the sale of VetPartners
August invests in Charterhouse Voice and Data
GP is currently investing from its £224m fourth fund, which writes equity cheques of £20-25m
BC Partners acquires VetPartners from August and Ares
Deal reportedly values the UK-based veterinary group at £700m, with BC investing from its 10th fund