The brother of former Take That singer Jason Orange has agreed to sell his Altrincham-based investment business in a deal that values it at $1.6bn.
According to its most recently-published accounts, CorpAcq achieved a turnover of £561.4m and pre-tax profit of £27.6m in 2021. Its accounts for 2022 are due to be filed by the end of September. "With their team's deep M&A and capital markets expertise, track record of value-added investing in companies as well as an extensive relationship network, we are confident that Churchill VII is the right partner to propel CorpAcq's next phase of growth.
"We believe CorpAcq fits all our criteria and more with its proven acquisition and operating strategy, established positioning in the UK SME space, track record of topline growth and profitability and talented management team.