Announced
Completed
Financials
Sources
Tags
Payroll
Friendly
Acquisition
Completed
United Kingdom
Domestic
Private
HR and Payroll transformation
Private Equity
Minority
Single Bidder
Synopsis
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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