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Announced

Completed

Beechbrook Capital and WestBridge Capital completed the acquisition of a 75% stake in Eque2 from LDC for $62m.

Financials

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Transaction Value£45m
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private Equity

United Kingdom

Completed

Acquisition

Private

Friendly

Majority

Software

Domestic

business management software

Synopsis

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Beechbrook Capital, a private debt fund managers in the European lower mid-market, and WestBridge Capital, an investment firmcompleted the investment in Eque2, a business management software provider, for $62m. “Beechbrook are excited to have invested in Eque2, an experienced leader in the construction ERP sector. We are looking forward to working with the WestBridge team in supporting the next phase of the business's growth. The financing solution provided demonstrates our collaborative approach to structuring a flexible solution that is suitable for the deal structure as well as the company's ambitious growth plans,” Paul Shea, Beechbrook Capital Managing Partner.

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