Palatine (Impact Fund II) Acquires Majority Stake in Isle Utilities from XPV Water Partners
February 9, 2024
Palatine’s Impact Fund II has acquired a majority share in Isle Utilities from XPV Water Partners. Isle Utilities, a London‑headquartered innovation consultancy focused on water and environmental technology commercialization with operations in 10 countries and over 100 staff, will remain led by CEO Dr Benjamin Tam with founder Dr Piers Clark staying on the board as a shareholder; Palatine says it will back the company’s next phase of growth.
- Buyers
- Palatine (Impact Fund II)
- Targets
- Isle Utilities
- Sellers
- XPV Water Partners
- Industry
- Environmental Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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