Close Growth Capital (CGC), the provider of combined equity and debt funding, announced today that it had sold its stake in Goodridge UK to the incumbent management team. CGC first invested in Goodridge in 2001 providing a sub £10m funding package. Goodridge UK has an annual turnover of £25m, an EBIT of £2m, and employs around 200 staff.
With SEP's support, Dohop intends to scale up its team and expand its global sales
Exit ends BPE's three-and-a-half-year holding period; the add-on is Stella's second under PAI
Combined group generates revenues of DKK 850m and employs 150 staff across 11 offices in Denmark
Sale process for the medical workwear company saw interest from FSN and Gilde, Mergermarket reported