ISIS invests £14m in HPF
ISIS Equity Partners has invested £14m of growth capital funding in UK engineering consultancy firm hurleypalmerflatt (HPF).
Funds were drawn from ISIS IV LP, a £238.5m buyout vehicle raised in 2007. ISIS secured a minority stake in the company.
The investor was attracted by HPF's market position, its focus on customer service and its plans for international growth. The fresh funds will help finance future acquisitions.
HPF is a multi-disciplinary engineering consultancy founded in the 1970s. Its main services are mechanical and electrical engineering design, as well as energy and sustainability consultancy. HPF focuses on complex, business-critical office environments such as trading floors; data and operational control centers; and pharmaceutical laboratories.
The company has five offices in the UK and operations in India and Australia.
More on UK / Ireland
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater