Barclays Private Equity, the pan-European mid-market private equity house, today acquired Robinia, one of the specialists in the provision of intensive support services for adults and young people with learning difficulties, in a secondary management buyout from Bridgepoint for £80m taking a majority stake in the business. LDC, the mid-market private equity provider, is expected to co-invest alongside Barclays Private Equity.
Investindustrial sells its remaining stake of 4.12% in the company, fully exiting the investment
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment