Chorion Ltd, the UK-based owner and manager of classic and contemporary literary-based brands owned by 3i, has acquired The Copyrights Group Ltd, an independent licensing business, for an undisclosed sum. 3i delisted Chorion in a £134m transaction in March 2006.
Fund targets companies operating in a wide range of sectors and deploys tickets in the $50-500m range
Predecessor vehicle PEC III closed on $389m in October 2017 and is now fully deployed
Arlington expects to put fresh capital into the business and grow it through acquisitions
Investment is expected to support the company's growth and international expansion