Long Path Partners-backed Frankel UK to acquire Idox for £339.5m.

Long Path Partners-backed Frankel UK agreed to acquire Idox, a provider of engineering information management solutions, for £339.5m. "We are thrilled to partner with the Idox team to steer the company through its next phase of growth. As long-time shareholders of the business in the public markets, we have long admired the business and the team's execution," Brian Nelson, Long Path Partner and Portfolio Manager.