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Announced

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Foresight completed the acquisition of a majority stake in Signature for $22m.

Synopsis

Foresight, an infrastructure and private equity investment manager, completed the acquisition of a majority stake in Signature Private Finance Holdings, a banking service provider, from Cabot Square Capital, a provider of investment capital, for $22m. "We are excited to be able to back Tony, David and Jon and their professional team, who have grown a strong loan book and equally importantly strong client relationships, whilst maintaining exceptional credit discipline. Signature supports the dynamic UK property market and we look forward to supporting its further growth ambitions, as well as backing other specialist lenders in future," James Livingston, Foresight Partner.

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