IK Partners Acquires Majority Stake in FCG Group AB from Bridgepoint
January 19, 2022
IK Partners' Small Cap III Fund has signed an agreement to acquire a majority stake in Stockholm-headquartered GRC services provider FCG Group AB from Bridgepoint Group plc. Management and key employees are reinvesting and will remain significant shareholders; IK plans to support FCG's international growth and expand its service offering in areas such as ESG and GRC technology. The transaction is subject to customary regulatory approvals and was expected to close in Q2 2022; financial terms were not disclosed.
- Buyers
- IK Partners (IK Small Cap III Fund), FCG management and key employees
- Targets
- FCG Group AB
- Sellers
- Bridgepoint Group plc, Bridgepoint Development Capital
- Industry
- Consulting
- Location
- Stockholm County, Sweden
- Transaction Type
- Buyout
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