Latest posts: Exits
August Equity exits Wax Digital in sale to Medius
August Equity announces it has realised its investment in Wax Digital in a sale to Swedish software provider, Medius. The exit represents yet another very successful technology deal for August who has returned over £100m to investors in 2019 from its technology investments alone.
August Equity exits SecureData in sale to Orange
August Equity announces it has realised its investment in SecureData Europe (“SecureData”) in a sale to global telecoms group, Orange. The exit represents one of its most successful investments in recent years.
August Equity sells veterinary practice operator VetPartners
London, UK – 7th August 2018 – VetPartners (“the Company”), a leading veterinary practice operator owned by August Equity is to be sold to funds advised by BC Partners LLP (“BC Partners”), a leading international investment firm. The parties have reached an agreement that will see BC Partners acquire a majority stake from funds managed by the Ares Management, L.P. (“Ares”) (NYSE: ARES) Credit Group, August Equity and co-investors. Ares will reinvest alongside BC Partners and the management team, led by CEO Jo Malone, will also invest in the Company. Financial terms of the transaction are not being disclosed.
August Equity sells UK’s third largest independent children’s fostering agency, Compass Community, to Graphite Capital
August Equity has completed the sale of Compass Community to Graphite Capital for an undisclosed amount. Compass is the UK’s third largest independent children’s fostering agency and it also operates care homes for children.