UK-based lower-mid-market GP ECI Partners has acquired a majority stake in British IT support and consultancy business IT Lab.
Manufacturer of spare parts for vending and catering mahines expected to post revenues of USD 1.2bn in 2021
GP raised EUR 3.1bn for its PE strategies and plans “a major fundraising programme” in 2022 and 2023
New joiners to strengthen London team and Peter Woods is promoted to managing director
New fund will invest tickets of EUR 3m-10m in companies with more than EUR 1m in cashflow