WestBridge Invests £9.6m in Acuity Care Group (formerly Bespoke Health & Social Care)

Charme Capital Partners Acquires Bright Futures Care

June 22, 2023

Healthcare Services

Charme Capital Partners (Charme IV) has acquired Bright Futures Care, a specialist provider of education and residential care for people with autism and learning disabilities across the North-West of England. Livingbridge has retained a minority stake; terms were not disclosed and Charme said the investment will support further organic growth and geographic expansion across the UK.

Permira Acquires Majority Stake in Acuity Knowledge Partners from Equistone

January 27, 2023

Professional Services

Funds advised by Permira have acquired a majority stake in Acuity Knowledge Partners from Equistone Partners Europe; Equistone will reinvest as a minority shareholder and Acuity's management remains significantly invested. Headquartered in London, Acuity is a provider of research, analytics and business intelligence to financial services firms worldwide; Permira plans to support further investment in teams, services and technology to drive growth and geographic expansion. The deal is subject to customary regulatory approvals and was expected to close in Q2 2023; financial terms were not disclosed.

WestBridge Backs £17m MBO of Smart Capital Technology

March 16, 2022

IT Services

WestBridge has invested £17 million to support a management buyout (MBO) of Smart Capital Technology (SCT), a Thames Valley–based IT infrastructure support provider. The deal, led by CEO Andy Morgan, enables a partial exit for the founding directors while providing capital and support to drive SCT's international growth and expand its Inventory-as-a-Service offering.

Livingbridge Invests in AJM Healthcare

July 15, 2021

Healthcare Services

Livingbridge has made a growth investment in AJM Healthcare, a leading provider of NHS wheelchair services in England, in a deal that follows an exit by WestBridge Capital. The investment — made from Livingbridge's Enterprise 3 fund with management reinvesting — will support AJM’s continued growth and enable the company to serve more wheelchair users across its network of locations.

Acuity Care Group Acquires Team Healthcare Acquisitions (Team Medical Support & Team Brain Injury Support)

January 22, 2021

Healthcare Services

Acuity Care Group, backed by private equity firm WestBridge, has acquired Southampton-based Team Healthcare Acquisitions (THA), including Team Medical Support and Team Brain Injury Support. The add-on expands Acuity's geographic reach into the south of England and enhances its capabilities in acquired brain injury and neurological disorder support as part of its growth strategy following WestBridge's investment.

WestBridge and Eque2 Management Acquire Eque2 from LDC for £46.5m

December 14, 2020

Cloud & SaaS

WestBridge has backed Eque2’s senior management team in a £46.5m management buyout that provides an exit for LDC and other institutional shareholders. Funds managed by WestBridge invested approximately £29m for a c.75% stake; management (led by CEO Justin Moule and COO Peter Davidson) will continue to run and grow the UK-based construction software business serving over 2,700 customers.