Bridgepoint has realised its investment in outsourcing and management IT services company Digica Group via a sale of the company to Computacenter Plc, the European IT infrastructure services provider. The consideration paid for Digica amounts to £15.9m, in addition to which Computacenter will settle assumed debt of £12.1m. The deal also represents an exit for Lyceum Capital through its investment in Fox IT, which was acquired by Digica in 2004.
Navigation and travel app was bought by Parity.com subsidiary Daegu for around €16.65m in 2020
French VC first invested in the dating app in 2015 via its first Partech Entrepreneur fund
Hg and the company's management team reinvest in the transaction as minority shareholders
Montagu Private Equity acquires companies with enterprise values of €200m-1bn