Announced
Financials
Sources
Tags
Cross Border
Friendly
Majority
employment screenings
Private Equity
Outsourced HR and Staffing
Pending
United Kingdom
Single Bidder
Acquisition
Private
Synopsis
Bridgepoint Development Capital-backed Matrix, a software company in Knowlhill, England, agreed to acquire Security Watchdog, the pre-and post-employment screening solutions provider, from Capita, a provider of business process services, for £14m. "We are pleased to have agreed the sale of our Security Watchdog business to Matrix following a competitive sale process. This was one of a number of Capita businesses which were successful but did not form part of our core growth strategy, and which will benefit from opportunities under new owners," Jon Lewis, Capita CEO.
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