ECI Partners buys business comms specialist Commify for £257m

ECI Partners buys business comms specialist Commify for £257m

Private equity firm ECI Partners has bought Nottingham-based business comms specialist Commify in deal values at £257m. The deal has seen Hg –which invests in European and transatlantic software and services companies – sell its stake in the business having backed...
7iM sells majority stake to OTPP in £450m deal

7iM sells majority stake to OTPP in £450m deal

Caledonia Investments has agreed to sell its majority stake in Seven Investment Management (7IM) to Ontario Teachers’ Pension Plan Board for a cash sum of approximately £255 million, net of transaction costs. As of 31 March 2023, Caledonia’s stake...