Montagu acquires CAP

Montagu invested from its fourth fund, which closed on €2.5bn in 2011. CAP is the fund's third transaction after Emitel and College of Law.

CAP's management will stay on board after the acquisition. Management is planning to develop CAP's technology and expand into new market segments in the vehicle data information sector.

Company
CAP was founded in Leeds in 1979. It is part of global information service business 4C group, owned by Top Right Group (formerly known as Emap International).

Top Right Group posted a turnover of £244m and operating profits of £81m in the 2010 financial year.

CAR has 90 staff and an estimated EBITDA of £40m, it has been reported.

People
Edward Shuckburgh is director at Montagu.

Advisers
Equity - Jefferies Investment Bank, Tariq Hussein, James Seagrave (Corporate finance).

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