Clairvest backs FSB Technology with £23m
Canadian private equity firm Clairvest Group has made a £23m growth equity investment in UK-based gambling data company FSB Technology.
It is the 10th investment from Clairvest Equity Partners V, a $600m fund that closed in 2015 and is now more than 50% drawn.
FSB CEO David McDowell said in a statement that Clairvest will support the company in an "aggressive growth plan" in existing markets and new geographies.
Company
FSB was founded in 2007 and is headquartered in London. It provides a business-to-business software service that allows users to view data and pricing feeds and trade bets.
People
Clairvest Group – Michael Wagman (president).
FSB Technology – David McDowell (CEO).
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