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Data Locator Group sold to Promethean Investments LLP

Data Locator Group Sold To Promethean Investments LLP

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Data Locator Group

Location

UK flag

Sector

Technology & Software

Deal Type

Sale

Value

£23.5m

Promethean Investments LLP acquired the entire issued share capital of Data Locator Group by an acquisition vehicle, Data Locator Holdings, for £23.5m. Promethean provided the equity and subordinated debt funding totalling £12.865m and HSBC Bank has provided the senior acquisition facility of £12.5m.

Bishopsgate Advisors

Ed Wesson

Ed Wesson

Partner

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