The South East Growth Fund (SEGF) has wholly exited its stake in Hockway Ltd, a supplier of cathodic protection equipment, in a secondary management buyout for an undisclosed sum, realising an IRR of 27%.
De Scorbiac was responsible for the Accenture Venture fund's activities in Europe
GP sells the Dutch employment agency to its CEO, ending its three-years ownership
Financing for the acquisition was provided by Santander Corporate and Commercial Banking
Sussex Place Ventures, Contour Ventures, Partnership Fund and Outrun Ventures also take part