WestBridge Fund Managers
WestBridge raises GBP 130m in first close for third fund with debut deal in sight
UK-based PE firm has set GBP 200m hard-cap and target for the vehicle
WestBridge adds two to investment team
Jessica Ledger and Luke Gilbert have joined the UK-based lower mid-market GP as investment executives
WestBridge acquires Smart Capital Technology in MBO
GP invests GBP 17m following competitive auctions for IT services organisation company
WestBridge exits bChannels to trade for 4.2x money
WestBridge acquired the UK-based technology marketing firm in a GBP 3.5m SBO in 2014
WestBridge exits AJM Healthcare to Livingbridge
WestBridge backed the MBO of the wheelchair and mobility service provider in September 2018
Kempen co-invests in £46.5m Eque2 MBO
WestBridge acquired Eque2 in December 2020, marking the firm's sixth investment from its second fund
WestBridge invests £10m in Channel 3 MBO
CEO John Howard leads the MBO alongside colleagues Eleanor Rollason and Lucy McLintock
WestBridge promotes three
WestBridge has promoted Minton and MacLeay to the position of senior investment manager, and Sinclair to investment manager
WestBridge buys Eque2 for £46.5m from LDC
Between 2017 and 2020, the business increased revenues by 29% and EBITDA by 85%, according to a statement
WestBridge invests £9.6m in BHSC
BHSC reported revenue of ТЃ14.5m and an operating profit of ТЃ2m for the 2019 financial year
WestBridge invests £12.8m in Aptus Utilities
Aptus Utilities has also received financing from OakNorth Bank as part of this transaction
Westbridge exits LinkFresh
Westbridge SME Fund portfolio company LinkFresh has been sold to a US-based trade buyer
Westbridge raises £140m for sophomore fund
Figure exceeds the vehicle's ТЃ100m hard-cap, though it includes commitments for co-investments
Westbridge acquires Wilcomatic
GP is currently investing from its ТЃ100m fund, which typically invests in deals worth ТЃ10-25m
WestBridge invests £9.8m in Apem MBO
Deal for the UK environmental consultancy is structured as a combination of equity and loan notes
WestBridge promotes Whittard to director
Company also promotes Minton to investment manager after joining nine months previously
Westbridge hires WK's Minton
Minton is joining from WK Corporate Finance and previously worked at Terra Firma Capital Partners
WestBridge holds £50m first close
British Business Bank commits ТЃ15m, with the vehicle aiming to raise ТЃ100m overall
WestBridge, Octopus divest Vista to LDC in £29.4m SBO
LDC invested ТЃ14m in the deal, which generated a 4x return and 80% IRR for WestBridge
Westbridge acquires ISG from RJD in £10.5m deal
Octopus Investments also took part in the SBO of the British IT company
Westbridge's Energist buys troubled Chromogenex
Chromogenex's products focus on non-invasive fat reduction processes
WestBridge nets 4.3x on Aero Stanrew trade sale
WestBridge Capital backed the ТЃ8.5m MBO of the business in 2012, exits at ТЃ42m EV
Westbridge invests £4m in DB Systems
Investment will be used to buy new equipment and potential add-on deals
FF&P picks up Kallidus from Westbridge
Deal marks first exit from Westbridge SME Fund, generating 3.7x return