IN BRIEF: Schroder British Opportunities invests in CSL Group
Schroder British Opportunities Trust PLC - London-based public and private investment trust focused on small to mid-cap UK companies - Confirms new private equity investment in "critical [internet of things] connectivity business" CSL Group. Transaction represents SBO's twelfth private equity investment and further diversifies its portfolio, it says. Notes that it gained the exposure through UK-based growth buyout-focused private equity firm ECI Partners, "who will work closely with CSL to accelerate the company's development and expansion plans". Says CSL will continue its expansion strategy, including further delivering on its M&A roadmap to enter new verticals, geographies or acquire new technologies, as part of ECI's continuation fund. Read More