Client: FPE Capital LLP
Services provided: acquisition due diligence
In April, we acted for FPE Capital, the software & services focused mid-market growth investor, when it acquired Egress Limited, a cloud & data migration specialist, marking the first investment from its FPE Fund III.
Egress is a leading provider of data migration services for a range of blue-chip public sector and private sector clients, delivering large and highly complex cloud migration projects. Clients include the NHS, Birmingham County Council, IBM, Fujitsu, University of Birmingham, DHL, and Balfour Beatty.
Gill Crofton who advised on the transaction said, “We were glad to advise FPE on this exciting deal as they look to further expand their success in the software service businesses. Their ambition to scale Egress and work alongside Joe Rooke (CEO) and his team will no doubt prove fruitful.”