Dunedin Enterprise Inv Trust PLC Dunedin Enteprise invests in Kingsbridge (7950Z)
01 June 2016 - 2:04AM
UK Regulatory
TIDMDNE
RNS Number : 7950Z
Dunedin Enterprise Inv Trust PLC
31 May 2016
Dunedin Enterprise invests in Kingsbridge
31 May 2016 - Dunedin Enterprise Investment Trust PLC ("Dunedin
Enterprise") has, through the Dunedin Buyout Fund III, invested
GBP4.2 million in Kingsbridge Risk Solutions ("Kingsbridge ").
Dunedin Enterprise will have an interest of 13.0% in
Kingsbridge.
Founded by the current CEO Steve Wynne in 2001, Kingsbridge is
the UK's market-leading provider of insurance services that are
tailored to meet the needs of contractors, freelancers and
independent professionals, as well as the compliance requirements
of partners including recruiters and accountants. The company,
which employs 55 people, is headquartered in Tewkesbury,
Gloucestershire and has offices in Liverpool and Guernsey.
Working alongside its strong partner network, Kingsbridge covers
the broadest range of industry sectors in its market, including
aerospace, banking and finance, rail, automotive, nuclear, oil and
gas and information technology.
Over the last two years, the business has more than doubled
EBITDA and almost doubled revenues to c. GBP7 million.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCWGUWUAUPQGQG
(END) Dow Jones Newswires
May 31, 2016 12:04 ET (16:04 GMT)
Dunedin Enterprise Inves... (LSE:DNE)
Historical Stock Chart
From Apr 2024 to May 2024
Dunedin Enterprise Inves... (LSE:DNE)
Historical Stock Chart
From May 2023 to May 2024