25th Nov 2022 10:44
(Alliance News) - ICG Enterprise Trust PLC said it is investing a total of USD14.0 million in two companies.
The London-based investment company expects to invest USD9.0 million in Gateway Services Inc, a company focused on operating a network of pet crematoria and pet cemeteries across 150 locations in 40 US states and four Canadian provinces.
Meanwhile, alongside Gridiron Capital Fund V, ICG made a USD5.0 million follow-on co-investment in coaching organisation Vistage Worldwide. The companies previously invested USD10.0 million together in Vistage in August.
ICG Enterprise Trust shares rose 2.2% to 1,159.27 pence each on Friday morning in London.
By Tom Budszus; [email protected]
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