ECI Partners
The Bolt-Ons Digest – 17 April 2023
Unquote’s selection of the latest add-ons with Triton's BFC Group, Seven2's Groupe Crystal, Palatine's FourNet and more
ECI reaps 2.7x return on 4ways sale to EQT-backed Evidia
Sale process for UK-based teleradiology platform had been running since September 2022
ECI Partners prepares Moneypenny sale via Houlihan Lokey
Outsourced communications provider could hit the UK auction pipeline after Easter
ECI reaps 6.2x money in Tusker exit to Lloyds Banking Group
Deal values UK-based low emissions car management and leasing company at around GBP 300m
ECI reaps 6.1x return on MiQ sale to Bridgepoint
New sponsor to continue international expansion of data analytics business alongside management team
ECI sells Bionic to Omers reaping 4.8x
Following the sale of the UK-based SME price comparison platform, ECI will reinvest via ECI 10
Beech Tree nets 5.3x return on BCN sale to ECI
Buyer ECI nears full deployment on latest buyout vehicle ECI 11
ECI sells Imagesound to Livingbridge for 2.6x money
The sale is the eight from ECI's 2015 vintage fund and the third from ECI 10
ECI announces hires at IR, origination and investment teams
Adam Whitfield joins the mid-market firm as investor relations manager after close to five years at Rede Partners
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
ECI exits KB Associates to Waystone for 3.7x
Montagu has recently taken control of the Waystone Group
ECI sells Travel Chapter for 2.6x
ECI is selling the holiday booking platform to its management, backed by investment from ICG
ECI sells Content+Cloud for 4.1x money
Sale of the IT service and digital consultancy ends a five-year investment period
ECI's Travel Chapter shelves IPO plans
Move comes less than three weeks after the company announced its intention to float on AIM
ECI's Travel Chapter announces intention to float
ECI bought the asset from Phoenix less than three years ago
ECI wraps up fund 9 with 3x overall return
Fund made 15 investments, including two tech unicorns with ATG and Wireless Logic
ECI sells CPOMS to PE-backed Raptor
ECI bought the educational safeguarding software in 2018, investing via its GBP 500m ECI 10 fund
ECI hires Sawlani as investment manager
Sarthak Sawlani joins ECI from his role as an assistant director at Oakley Advisory
ECI sells Investis Digital to Investcorp, reaps 2.6x return
GP intends to accelerate the company's product innovation and diversification, and boost its growth via M&A
ECI looking to kickstart CPOMS sale after summer
GP appoints GCA Altium for the upcoming sale of the educational safeguarding software provider
ECI-backed Edenhouse sold to trade
Accenture is a listed professional services conglomerate and acquires the IT service to improve its SAP provision capabilities
ECI sells Arkessa to trade for 2.1x return
Arkessa was held in ECI Partners' 10th fund, which closed on £500m in 2014
ECI sells MPM to 3i for £170m
Other sponsors involved in the process included Livingbridge and Graphite Capital
Livingbridge sells Mobysoft to ECI
Livingbridge began preparations to exit the company in July 2020, in a GCA Altium-led auction process