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Bridgepoint completed the acquisition of a 75% stake in Fera Science from Capita for £60m.

Synopsis

Bridgepoint, an investment firm, completed the acquisition of a 75% stake in Fera Science, a provider of environmental testing, research, and advisory, from Capita, an international business process outsourcing and professional services company, for £60m. "We are very pleased to have agreed the sale of our stake in Fera after a competitive auction process. Capita and Defra have partnered together to grow and professionalise Fera over the past eight years, creating significant value for us and the taxpayer," Jon Lewis, Capita CEO.

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