The investment is being led by ICG Europe Mid-Market Fund I. ICGT will invest as a limited partner in the Fund and also through a direct investment.
In aggregate on a look-through basis, ICGT is expected to invest approximately £13m in Newton. This figure relates to ICGT’s look-through position in the overall investment into Newton and is stated before any closing adjustments.
Newton is a market-leading and fast-growing consulting firm, with a particular focus on generating operational improvement for its clients. The company serves the world’s leading semiconductor chip makers and equipment manufacturers. Headquartered in Oxfordshire, Newton services a wide variety of leading corporations and employs over 400 people.
Analyst / Investor enquiries:
Oliver Gardey, Head of Private Equity Fund Investments, ICG
Colm Walsh, Managing Director, ICG
Chris Hunt, Head of Shareholder Relations, ICG
+44 (0) 20 3545 2000
Clare Glynn, Corporate Communications, ICG
+44 (0)20 3545 1395