Carlyle completes £500M acquisition of Innovation Group
December 08, 2015
The Carlyle Group has announced the completed acquisition of Innovation Group for a consideration of £500 million. The company, which previously traded on the LSE, is a global provider of business process outsourcing and technology solutions to the insurance, fleet and automotive industries; Innovation Group has operations across Europe, the U.S., South Africa and Australia. Carlyle was advised on the transaction by HSBC, Barclays Capital, Linklaters, Deloitte, ERM and Marsh.