Smedvig Capital has appointed David Mills as the new non-executive chairman of portfolio company My Home Move Plc, the home conveyancing company. Smedvig backed the £5m management buyout of My Home Move in December 2005. In 2006 the business grew 42% to £8.5m revenue and posted an inaugural profit of £900,000.
Deal includes three manufacturing facilities located in Spain, which employ around 140 staff
GP acquired the care home group from Swiss Prime Site and will be the company's sole shareholder
Iris, Idinvest and historical backers invest in the manager of the eponymous social media app
GP uses its Mérieux Participations 3 fund, which held a first close on €200m in 2018