UK - Kaupthing acquires DLG from Promethean for £75m

Kaupthing Capital Partners has acquired consumer lifestyle database business Data Locator Group (DLG) for ТЃ75m. The deal represents an exit for Promethean Investments, which backed the ТЃ23.5m management buyout of DLG in March 2006. DLG has since grown through acquisition with the ТЃ5m 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.