ISIS Equity Partners has taken a significant minority stake in Reed & Mackay Limited, a leading provider of business travel management services. ISIS has invested £4.87m as part of the transaction, alongside senior debt and working capital facilities from The Royal Bank of Scotland.
Sale of the drive technology unit saw interest from sponsors including CVC, Triton and Brookfield
AUM bump driven by commitments to CapMan Nordic Real Estate III and CapMan Growth II funds
This round is an extension to an €11m series-B investment raised by the company in July 2019
Elevat3 Capital and German energy group EWE also back the green project-financing platform