Congratulations to our client FPE Capital on their first institutional fund reaching a close, with their target of £100 million of funds raised!
FPE invest into profitable UK headquartered companies with revenues of £5m to £50m and which have ability to accelerate growth.
Praesumo have been pleased to support FPE and place Chairmen for two recent investments, including Questionmark, in September 2016, a provider of human resources software and assessment for public and private sector organisations, and Masstech in May 2017, a dual acquisition and merger of two existing businesses, Masstech and SGL. This created a UK headquartered leader in the media industry, providing software solutions for the storage and playout of broadcast media content.
The Praesumo team would like to wish FPE all the best with their future investments and look forward to hopefully working together again soon.