ELECTRA PARTNERS ANNOUNCEMENT: Electra Partners invests in Peverel

POSTED 06 March 2012

Electra Partners today announces that it has invested £33 million of equity in Peverel Group, the UK property management services group.

As a controlled investment situation, this transaction qualifies as a Club deal and Electra Private Equity PLC and the Electra Partners Club 2007 LP have invested £22 million and £11 million respectively.

Bank debt of £25 million has been provided.

Electra Partners refers to Electra Partners LLP acting on behalf of its clients Electra Private Equity PLC and Electra Partners Club 2007 LP.

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For further information:
Kate Ruck Keene, M:Communications +44 (0) 20 7920 2322