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New Deal


Announced

Completed

Mobeus completed the acquisition of a minority stake in LACE Partners for £10.2m.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Payroll

Friendly

Acquisition

Completed

United Kingdom

Domestic

Private

HR and Payroll transformation

Private Equity

Minority

Single Bidder

Synopsis

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Mobeus, an equity investor, completed the acquisition of a minority stake in LACE Partners, a full-service consultancy which focuses on optimising and transforming the HR functions of large corporates and multinationals, for £10.2m. “Mobeus is delighted to be partnering with LACE, a high-quality platform in a market which increasingly requires strategic advice and delivery capability across the HR spectrum. Since our initial conversations, we have been enthused by the ambition of founders Aaron and Cathy and the calibre of talent across their wider team. Mobeus is eager to support these plans by leveraging our recent experiences of the wider consultancy sector, which delivered two successful exits last year,” Freddie Bacon, Mobeus Investment Director.

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