Fast-growing IT services company Acora has made a third bolt-on acquisition since the investment by Palatine in 2020, and is planning to ramp up further deals in 2022. The latest deal, for London-based M9 Limited, brings a thriving and forward-looking IT services provider with over 40 staff, and nearly 100 long-term contracted customers to Acora…

Our Impact Fund has made its first exit with the sale of Estio Training to global education provider BPP Education Group. Estio is a specialist provider of NVQ level 3 and level 4 IT and digital apprenticeships, provided through its online delivery model. The company addresses a national, growing IT skills gap by making it…

Dr Marcin Mankowski, Co-founder and Deputy Managing Partner of tranScrip, has been appointed tranScrip’s new Managing Partner. Marcin has been integral to the success of the business over the last decade and is transitioning to the role at an exciting stage of the company’s growth. Underpinned by a recent significant minority investment from Palatine Private…

We have made a successful partial exit from CET Group with the sale of its tech-enabled insurance claims management division to HomeServe plc for £53m. Based in Castle Donington, CET is a leading provider of outsourced home emergency, drainage and subsidence services to one in eight UK households. Since our initial investment in November 2018,…

PALATINE, the leading mid-market private equity firm, has appointed Georgina Wendon-Smith as a Portfolio Manager. Georgina is well-connected in the professional services sector in the Midlands, having previously supported the Palatine team on several investments as an adviser. She joins from Beechbrook Capital, a specialist fund manager, where she was an associate director in the…

Suntera Global, the Palatine Private Equity-backed provider of fund, corporate and private client services, has acquired a second Luxembourg-based business in as many months, as it continues its strategic buy-and-build program. The company, which in August acquired boutique fund administration company Reference Financial Services SA, has now agreed to deal to buy fund and corporate…

Holiday comparison brands TravelSupermarket and Icelolly.com have joined together and become Ice Travel Group. The deal, first proposed in mid-May, has now completed, with former Icelolly CEO Richard Singer becoming CEO of the new business. Both brands are to be retained within the new Group. Singer says that joining up our teams and resources will…

We have exchanged contracts for the sale of our stake in Verdant Leisure, the award-winning holiday park operator, to the management team backed by Pears Partnership Capital. The deal has received FCA approval. Verdant Leisure is a bespoke holiday park operator offering lodge and caravan holidays and holiday home ownership at stunning sites across Scotland…

Suntera Global, provider of fund, corporate and private client services, has acquired Luxembourg-based boutique fund administration and corporate services firm Reference Financial Services SA. The acquisition, which is subject to appropriate regulatory approvals, adds to Suntera Global’s client base while strengthening its presence in EU markets. The move supports its growth strategy and complements its…