Barclays Ventures has backed the management buyout of Lakeview Computers Group Ltd, a leading player in the development and maintenance of enterprise resource planning software systems. The business, which generates an annual EBITDA of over £2m, was purchased for an undisclosed sum. Enterprise resource planning systems allow companies to manage key areas of operations including accounting, payroll, stock, creditors, customers and suppliers from one integrated system.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater