Endless's Liberata in double bolt-on
Endless-backed business processing services provider Liberata has acquired two companies in recent weeks.
In early October, Liberata acquired the business and assets of a Coventry-based group comprising Trinity Expert System, Eurodata and TES Group.
The transaction saw 340 employees moving across to the enlarged business. The deal provided the group with a £5m recapitalisation and working capital facilities.
Liberata acquired Knowledge Hub in mid-November.
Previous investment
Endless purchased Liberata in January 2011 from General Atlantic Partners. Endless invested £20m to support the company's growth.
Company
Coventry-based Trinity offers cloud products and services through its desktop-as-a-service (DaaS) and infrastructure-as-a-service (IaaS) solutions.
Knowledge Hub is an online platform for sharing ideas and best practice across local government. It is currently used by more than 260,000 local government employees.
Liberata was established in 1975 as a supplier of business processing outsourcing services to the public sector. The London-based company employs 1,700 people through its 15 business centres across the UK.
The company operates through two main business lines: Capacity Grid, which connects local authorities, and Business Process Outsourcing, aiding clients in matching best practice and adopting good corporate governance.
People
James Woolley is portfolio director at Endless. Dermot Joyce is CEO of Liberata.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









