Foresight closes CSS MBI
Alternative asset manager Foresight Group has completed the management buy-in of health and safety specialist Channel Safety Systems (CSS).
Led by senior investment manager James Livingston, Foresight contributed £1.13m to the deal, which was supported by a term loan and working capital facilities from Barclays Corporate.
CSS was founded in 1976 and generate revenues of more than £8.5m last year.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com
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