Intermediate Capital Group

• Excellera acquires Alma Strategic Communications in the UK

  September 23, 2026

  Buyer

  Excellera, ICG plc

  Target

  Alma Strategic Communications

  Seller

  Alma partners

  Industry

  Professional Services

  Location

  United Kingdom

  Type

  Addon

  Excellera has announced that Alma Strategic Communications, a UK financial communications consultancy, has joined the Group. The transaction supports Excellera’s international growth strategy and strengthens its presence in London and the UK financial communications market.

• Magellan Group Acquires Worldline’s MeTS (Mobility & e-transactional Services) and Digital Banking Activities

  June 6, 2026

  Buyer

  Magellan Group, ICG, Crédit Agricole (affiliated entities), BNP Paribas (affiliated entities), Capza (affiliated entities)

  Target

  Worldline Mobility and e-transactional Services (MeTS), Worldline's Digital Banking activities, MeTS teams (operating activities/perimeter being acquired)

  Seller

  Worldline

  Industry

  IT Services

  Location

  France

  Type

  Buyout

  Magellan Group announced the completion of its acquisition of Worldline Mobility and e-transactional Services (MeTS) along with Worldline’s Digital Banking activities, expanding Magellan’s international footprint with a strong UK focus. The combined group is expected to reach €900 million in revenue in 2026 and grow to roughly 6,700 employees across 13 countries, while adopting the Magellan unified brand.

• Law Business Research and ALM Announce Strategic Merger

  March 24, 2025

  Buyer

  Law Business Research (LBR), Intermediate Capital Group (ICG), Levine Leichtman Capital Partners (LLCP), EagleTree Capital

  Target

  ALM, Law Business Research (LBR)

  Industry

  Professional Services

  Location

  New York, United States

  Type

  Buyout

  Law Business Research (LBR) and ALM have merged to form a combined global legal intelligence and information services group, bringing together LBR's UK/global presence and ALM's deep US market penetration. The combined business will continue existing products and services, employ more than 900 people across offices in New York, London, Washington DC, Erlanger, Philadelphia, Austin and Hong Kong, and will be led by Nick Brailey as Group CEO.

• ICG Acquires Majority Stake in Lomond; LDC and Management Reinvest

  December 2, 2024

  Buyer

  ICG, LDC, Stuart Pender, Lomond management

  Target

  Lomond

  Seller

  LDC

  Industry

  Real Estate

  Location

  United Kingdom

  Type

  Recapitalization

  ICG has invested in Lomond in a transaction in which LDC exits its original investment but will reinvest alongside ICG, founding Chairman Stuart Pender and Lomond management. The recapitalization provides capital to support Lomond's continued roll-up strategy and geographic expansion after the business grew from 600 to 1,900 employees and completed 65 acquisitions under LDC's ownership.

• ICG and DGS Management Acquire DGS S.p.A. from H.I.G. Capital

  June 11, 2024

  Buyer

  ICG, DGS Co-Founders and management team

  Target

  DGS S.p.A.

  Seller

  H.I.G. Capital (affiliate)

  Industry

  IT Services

  Location

  Lazio, Italy

  Type

  Buyout

  H.I.G. Capital has agreed to sell its portfolio company DGS S.p.A. to the company's co-founders and management team in partnership with ICG. The transaction transfers ownership from H.I.G. to a management-led group alongside ICG, positioning DGS for continued growth in cybersecurity and digital transformation services in Italy.

• ICG and Levine Leichtman Capital Partners Announce Strategic Partnership with Law Business Research

  May 22, 2024

  Buyer

  Intermediate Capital Group (ICG)

  Target

  Law Business Research (LBR)

  Seller

  Levine Leichtman Capital Partners (LLCP), Levine Leichtman Capital Partners Fund VI, L.P.

  Industry

  Data & Analytics

  Location

  United Kingdom

  Type

  Recapitalization

  Intermediate Capital Group (ICG) has entered a strategic investment partnership in Law Business Research (LBR) alongside existing investor Levine Leichtman Capital Partners (LLCP). Under the arrangement LLCP will return significant capital to its investors while remaining a shareholder alongside ICG; the financing will support LBR's international expansion, product development and continued growth.

• ICG European Mid-Market Invests in Staysure Group

  April 8, 2024

  Buyer

  ICG European Mid-Market (ICG Mid-Market)

  Target

  Staysure Group

  Industry

  Financial Services

  Location

  United Kingdom

  Type

  Growth capital

  ICG’s European Mid-Market team has agreed to make a minority growth investment in UK travel insurance specialist Staysure Group. The partnership will see ICG support Staysure’s expansion of distribution channels and further investment in pricing, marketing, technology, data and AI while founder Ryan Howsam remains majority shareholder.

• Tandym Group Acquires Kolter Solutions

  February 12, 2024

  Buyer

  Tandym Group, Mill Rock Capital, ICG

  Target

  Kolter Solutions

  Industry

  Staffing & HR

  Location

  Florida, United States

  Type

  Addon

  Tandym Group, a national consulting, recruitment, and workforce solutions provider backed by Mill Rock Capital and ICG, has acquired Kolter Solutions, a Maitland, Florida-based technology staffing and recruitment firm. The add-on acquisition expands Tandym's presence in Florida and strengthens its Healthcare IT staffing capabilities; terms were not disclosed.

• ICG Invests €400 Million in Enfinity Global

  September 6, 2023

  Buyer

  ICG (ICG Infra)

  Target

  Enfinity Global

  Industry

  Renewable Energy

  Location

  Florida, United States

  Type

  Growth capital

  ICG's Infrastructure team (ICG Infra) will make a €400 million equity investment in Enfinity Global to bolster the company's balance sheet and accelerate completion of its 17 GW renewable energy portfolio, including 7.3 GW of energy storage. The capital will support near-term growth, project execution and long-term operations across Enfinity's global portfolio while ICG works with management to support organic and inorganic expansion.

• Motive Partners Acquires Majority Stake in With Intelligence

  July 20, 2023

  Buyer

  Motive Partners, Intermediate Capital Group (ICG)

  Target

  With Intelligence

  Industry

  Data & Analytics

  Location

  United Kingdom

  Type

  Buyout

  Funds advised by Motive Partners have acquired a majority stake in With Intelligence, a provider of investment data and analytics for the asset management industry. Intermediate Capital Group (ICG) will remain a shareholder and invest alongside Motive; the investment will accelerate With Intelligence's data strategy, product development and expansion into new asset classes.

• Travel Chapter Sold to Management Team with Investment from ICG

  October 1, 2022

  Buyer

  Management team (Travel Chapter), ICG

  Target

  Travel Chapter

  Seller

  ECI

  Industry

  Restaurants & Hospitality

  Location

  United Kingdom

  Type

  Buyout

  Travel Chapter, a leading UK holiday rental platform (including Holidaycottages.co.uk), has been sold by ECI to the company’s management team with backing from ICG. The transaction represents ECI's exit and positions Travel Chapter for further growth under management and ICG's investment.

• Seaway Plastics Engineering Acquires MME Group

  September 30, 2022

  Buyer

  Seaway Plastics Engineering, ICG (North American Direct Private Equity)

  Target

  MME Group

  Seller

  Bob Archambault

  Industry

  Medical Devices

  Location

  Minnesota, United States

  Type

  Addon

  Seaway Plastics Engineering, a PE-backed injection-molded components manufacturer, has acquired MME Group, a St. Paul-based contract manufacturer specializing in injection molding, tooling and assembly for FDA-regulated medical and other highly engineered products. The deal, finalized September 30, 2022, expands Seaway's geographic footprint and capabilities and advances its growth strategy under its sponsor, ICG's North American Direct Private Equity team.

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