Keoghs, an ambitious law firm
with head-quarters in Greater Manchester, is reported to be in exclusive talks
with private equity firm Bowmark Capital about taking external investment, after
seeking advice from Deloitte last month.
City-based private Bowmark, formerly known as Sagitta Private Equity, specialises in mid-market investments in the business services sector as well as healthcare, leisure, media and IT and is believed to have beaten off competition from several rivals, including LDC, who also wanted to invest.
This development comes hot on the heels of Duke Street’s investment in the Parabis group and shows that there is considerable private equity interest in the sector.
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