Bridgepoint Development Capital IV managed by Bridgepoint Group plc (LSE:BPT) acquired unknown majority stake in Kerv Group Ltd from LDC (Managers) Limited on January 24, 2024. LDC has reinvested £30m to support the continued growth of the business. Apera provided debt funding to support the transaction. Lincoln International LLP acted as financial advisor, Ropes & Gray International LLP acted as legal advisor, McKinsey acted as commercial advisor, Deloitte Touche Tohmatsu Limited acted as due diligence provider, Analysys Mason Limited (UK) acted as due diligence provider, Anthesis Consulting Group Limited acted as due diligence provider and Marsh Insurance & Investments LLC acted as due diligence provider to Bridgepoint. Ropes & Gray team includes Helen Croke, Angela Becker, Ciara Stratford, George Taylor, Victoria Wilson, William Allen, Alexander (Alex) Robb, Jacob Bennett, Adjoa Kwarteng, Benjamin Cooper, Chris Agnoli, Omar Asfar, Dervla Broderick, Paige Berges. Houlihan Lokey, Inc. (NYSE:HLI) acted as financial advisor, Pinsent Masons acted as legal advisor, Ernst & Young Global Limited acted as financial advisor Altman Solon acted as Commercial advisor, Intechnica acted as Technical advisor and Jamiesons acted as management advisor to LDC and Kerv. The Pinsent Masons team includes Catherine Hemsworth, Peter Morley and involved a cross office team of lawyers. Lisa Early provided advice to the Management team. Jamiesons team includes David Kirkpatrick and Adam Colley.

Bridgepoint Development Capital IV managed by Bridgepoint Group plc (LSE:BPT) completed the acquisition of unknown majority stake in Kerv Group Ltd from LDC (Managers) Limited on January 24, 2024.