Different asset supervisor Pollen Road has acquired a majority stake in company restructuring supplier Leonard Curtis, supported by personal credit score investor TDC.
Leonard Curtis will proceed to be led by present chief government Dan Sales space and Pollen Road’s funding will velocity up development throughout the platform by means of product enlargement, expertise and mergers and acquisitions, the corporations stated.
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“Leonard Curtis is a high-quality enterprise with a confirmed mannequin, skilled management, and has demonstrated sturdy natural development within the UK and offshore,” stated Jonathan Visitor, Funding Director at Pollen Road, which invests in each personal fairness and personal credit score.
“We’re pleased with our observe file of supporting fast-growing gamers within the monetary and enterprise companies ecosystems and are wanting ahead to partnering with the workforce for the subsequent stage of Leonard Curtis’s development, because it diversifies and scales organically, and additional consolidates the fragmented UK skilled companies market.”
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“The partnership and funding from Pollen Road Capital, along with help from TDC, will permit the enterprise to maneuver ahead and higher execute our plans to develop and develop the group,” added Dan Sales space, chief government of Leonard Curtis.
Pollen Road Group’s property below administration hit £5.8bn as of 31 March this yr, comprising £3.7bn in personal fairness and £2.1bn in personal credit score.
Learn extra: Pollen Road Group’s AUM hits £5.8bn