UK - Kaupthing acquires DLG from Promethean for £75m
Kaupthing Capital Partners has acquired consumer lifestyle database business Data Locator Group (DLG) for £75m. The deal represents an exit for Promethean Investments, which backed the £23.5m management buyout of DLG in March 2006. DLG has since grown through acquisition with the £5m bolt-on of Wegener DM Group and 43 Plc. Promethean achieved an IRR of 102% and a cash multiple return of 2.9x on its investment in DLG.
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