• Electranet Exit

    Electranet Exit

    Capita has announced the acquisition of Electranet, a leading supplier for the design, delivery and support of highly secure network and communication infrastructure in the UK, for a cash consideration of £37m on a cash-free, debt-free basis. The deal provides an exit for Palatine Private Equity who backed the business in a management buyout in…

  • Palatine hits treble on Wealth at Work exit

    Palatine hits treble on Wealth at Work exit

    Palatine Private Equity has exited its investment in financial services company Wealth at Work via a £50m management buyout backed by Equistone Partners Europe. Palatine, which backed the company in 2011, has achieved a 3.5x return on investment and will co-invest for a minority stake alongside Equistone and the management team, which continues to be…

  • Playnation gets the show on the road with MOTO contract extension

    Playnation gets the show on the road with MOTO contract extension

    Playnation, a leading UK supplier in the family entertainment machines sector, has been awarded a contract extension with MOTO, following a successful seven year partnership. The contract renewal will allow Playnation to continue to supply MOTO, the UK’s largest provider of motorway service areas, with a wide range of amusement machines for the next five…