We have been impressed with the management team, including the experienced executives CBPE
is introducing to supplement the strong existing team, and their ambition to scale the business in the coming years.
continue to invest significantly in the Mostyn plant.
I would like to thank CBPE
and the RBS club for their support on this transaction.
Entirely funded by CBPE
, the transaction creates the world's largest independent insurance manager.
They planned and executed a short and controlled sales process to Change Capital which delivered a superb deal for CBPE
and the other shareholders.
NYSE:IFF) announced today that CBPE
has acquired IFF's fragrance aroma chemicals business in Widnes, the United Kingdom.
The company was purchased by its management, with the support of CBPE
Capital, from the USA Sequa Corporation in 2008.
Barclays Private Equity (BPE) has taken a majority share in Allied Glass following the buyout from CBPE
Partner Iain Slater, who oversees CBPE
's investment strategy in the North-East, said: "While CBPE
has built up a good understanding of the North-East business scene, there's no substitute for having intelligence based on intimate local knowledge - that's what we get from the members of our serial entrepreneurs group.
That deal was backed by CBPE
Capital, which owns 42% of the business.
Sean Dinnen, a partner at CBPE
, said: 'The business continuity and disaster recovery market in the UK has been expanding in recent years as companies and organisations seek to improve their physical and digital security systems.
investments in the region include the secondary buy-out of Network Disaster Recovery in Birmingham; the buy-out/buy-in of Hillarys Blinds, based in Nottingham, and the MBO of Chipping Nortonbased Minova International, supplier of speciality chemicals to the mining industry.