CBPE Capital completed the acquisition of a minority stake in Velociti Solutions from Literacy Capital.

CBPE Capital, a London-based investment firm specializing in responsible investing and enhancing long-term growth, completed the acquisition of a minority stake in Velociti Solutions, a technology company specializing in innovative software solutions and expert consultancy services for transport authorities, bus operators, and rail operator, from Literacy Capital, a closed-end investment company. Financial terms were not disclosed. "The mission critical nature of Velociti’s software solutions and the demonstrable value that customers receive mean that the business is well placed to continue to benefit from increasing adoption of software solutions in the transport sector. The business has great momentum and is seeing significant traction both in the UK and internationally. We are excited to partner with Jeff, the wider management team and Literacy Capital for the next phase of growth," Jason Khaksar, CBPE Partner.