Palatine win UK Lower Mid-Cap Deal of the Year Award

22-04-2024

We have won the UK Lower Mid-Cap Deal of the Year Award at the Real Deals Private Equity Awards 2024 for our exit and reinvestment into Anthesis.

In 2021, we had the privilege of partnering with global sustainability consultants Anthesis. In just two years, we successfully exited the company, generating a remarkable 6x return on investment. Our collaboration with the Anthesis team was instrumental in implementing various growth strategies, including acquisition, enhanced data utilisation, digital service introduction and development, and strategic investment in its workforce.

Stuart McLachlan, Chief Executive of Anthesis, said, “Palatine has been and remains a valued and like-minded investment partner for Anthesis.”

“Under the first investment period, the excellent partnership with the Palatine team helped us deliver strong growth and impact as we accelerated our mission and completed five strategic acquisitions, which added significant breadth and depth to our service provision.”

“We are delighted they have decided to reinvest alongside ourselves with Carlyle as we accelerate our ambitious plans to scale the business to drive more impact.”