Bowmark Capital Acquires Majority Stake in Turnkey IPS
August 2, 2024
Bowmark Capital has invested in Turnkey IPS, the market-leading provider of insolvency software, partnering with the founding Wood family to fund product development and international expansion. The deal will support Turnkey's growth—the company serves over 300 clients across multiple jurisdictions and is growing recurring revenues at over 20% per annum.
- Buyers
- Bowmark Capital
- Targets
- Turnkey IPS
- Sellers
- Founding family (Wood family)
- Industry
- Software
- Location
- Scotland, United Kingdom
- Transaction Type
- Buyout
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