UK - Aberdeen leads ID Support Services buyout
Aberdeen Asset Managers Growth Capital has led the management buyout of ID Support Services Ltd (IDSS), a group providing electronic security systems and climate control solutions. IDSS has two divisions, ID Technology Group specialises in the provision of CCTV, access control and electronic article surveillance whilst GK Industrial installs and maintains air conditioning, ventilation, heating and refrigeration systems. Both divisions serve a number of multi-site, blue chip clients across the retail, gaming, leisure, commercial, industrial and public sectors. Royal Bank of Scotland provided debt to support the deal.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater