UK-based mid-market private equity firm ECI Partners has sold fund consulting provider KB Associates to strategic buyer Waystone Group, which is backed by PE sponsors Montagu Private Equity and Hg.
Selling investors have made returns of 6x their original investment in the precision parts producer
Costa Yiannoulis and David Welch spoke to Unquote about the food technology and alternative protein VC's strategy
Buyer's PE arm competed with Bain and Cinven in the auction second round
Eimear Palmer joins Pantheon from ICG, which has poached Elsa Palanza from Barclays