Bridgepoint completed an investment in Kerv.

Bridgepoint, a fund focused on investing in mid-market growth businesses, completed an investment in Kerv, a next-generation cloud and digital transformation services provider. Financial terms were not disclosed. As part of the transaction, Bridgepoint Development Capital has invested in Kerv for a majority shareholding and LDC has reinvested £30m to support the continued growth of the business. "The investment from BDC represents a significant milestone in our short history. Kerv has quickly established itself as a significant player in the UK digital services market with our sector-leading organic growth. This success is underpinned by our relentless focus on employee engagement and customer experience. In BDC, we have found the best possible partner to help write the next chapter for Kerv, in terms of shared values, sector experience and a scale that matches our ambition," Alastair Mills, Kerv Group Group Executive Chairman.