Bridgepoint has sold oil services company JDR Cable Systems to Vision Capital for a consideration believed to be over £90m. Bridgepoint acquired JDR in 1998 for £36m and subsequently moved its headquarters from Aberdeen to Houston, US.
Deal is GP's sixth investment from its £100m Impact Fund, which targets profitable businesses making a positive impact
Matt Cashion joined Pantheon's New York office earlier in October
Deal is the ninth investment from Tenzing's debut fund, with its successor yet to deploy
Panellists from PE and advisory firms discussed the role of private equity in the current deals landscape at Mergermarket's Germany Forum