Bridgepoint Development Capital, the UK based private equity firm, through its Bridgepoint Development Capital IV fund, has acquired an undisclosed majority stake in Kerv Group, the UK based next-generation cloud and digital transformation services provider, from LDC (Managers) Limited, the UK based private equity and venture capital firm, for an unduisclosed amount. LDC reinvested GBP 30m in the company.
- Target – Kerv Group limited
- Buyer – Ldc (managers) limited
- Buyer – Bridgepoint Development Capital limited
- Seller – Ldc (managers) limited