Primary Capital supports bolt-on for Esteem

Primary Capital has increased its investment in the company to finance the acquisition. The transaction is further supported by acquisition finance facilities provided by Lloyds Banking Group.

The investor acquired Esteem in November 2004 and has backed two previous acquisitions for the company. The combined entities, Esteem and SiRViS, are expected to generate revenues of £60m and employ 230 people.

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 Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com

 

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