Acquisition of Channel 3 Consulting by WestBridge Capital
Submission Date: 29 January 2021
Completion Date: 28 January 2021
Target: Channel 3 Consulting
Acquirer: WestBridge Capital
Deal Value: Undisclosed
Deal Description: Spectrum Corporate Finance has successfully advised UK Private Equity House, WestBridge Capital on the acquisition of Channel 3 Consulting Limited; specialists in the design and implementation of digital transformation programmes for the health and care sector.
WestBridge has invested £10m to support the experienced management team in a management buy-out of the business led by CEO John Howard and colleagues Eleanor Rollason and Lucy McLintock. The three will now lead the company following the departure of the founding directors.
Corporate Finance Advisers: Spectrum Corporate Finance – Simon Davies and Sanj Benawra
Legal Advisers: Capital Law - Tom Kelleher, Philip Barratt, Melanie Williams
Financial Due Diligence: DSW - James Killing and Richard Hooper
Commercial Due Diligence: CIL - Giles Johnson and James Silk