Kester Capital
Kester to reap 4.8x return in Vixio exit to Perwyn
Sale of regulatory intelligence provider marks the first divestment from the GPтs second fund
The Bolt-Ons Digest – 13 July 2022
Unquote’s selection of the latest add-ons with Ardian's Aire, Kester's Rephine, Arta/KKR's Alvic, Capiton's Dec Group, and more
Kester nets 8x on Avania exit to Astorg
Medical device CRO is Astorg's first healthcare deal from its EUR 1.3bn Mid-Cap fund
Kester nets 3.4x return on sale of Frontier Medical to Agilitas
GP's exit comes eight years after it acquired the company via its maiden fund
Kester Capital backs Optibrium
GP invests in the company via its second fund, which closed on its ТЃ90m hard-cap in August 2020
Kester Capital closes second fund on £90m
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
UK fundraising update: name-brands push on through
Despite the coronavirus crisis, many GPs and VC investors are expecting to hold closes in 2020
Kester invests in YouGarden MBO
YouGarden sells horticultural products across a variety of channels such as Amazon and Groupon
Kester backs ComplianceOnline MBO
First investment made by Kester via its new Kester Capital II fund
Kester-backed Ceta Insurance bolts on Love Your Hut
Insurance broker Ceta Insurance is expected to make a number of bolt-ons in the future
Kester hires four
Kester is actively looking for investment opportunities in the UK lower-mid-market
Kester backs Jollyes MBO
GP is currently deploying capital from its 2013-vintage second fund, which typically invests ТЃ5-25m
Kester backs MBO of CETA Insurance
Niche insurance provider will look to make acquisitions following the transaction
Kester scores 3x on Garrets sale
Kester first backed the marine catering business in 2012 in a deal thought to be worth ТЃ17m
Kester doubles money on Chiltern sale
Kester Capital has sold its stake in clinical services business Chiltern, reaping a 2x money multiple and a 25% IRR.
GCP rebrands to Kester and offloads TEG
The former European private equity division of Greenhill & Co, GCP Capital Partners, has simultaneously rebranded as Kester Capital and divested Travel Entertainment Group (TEG).