We are pleased to announce the recent successful disposal of one of our portfolio companies, ICA Group (formerly Hickton), to Certania. ICA was previously managed by Chelverton Asset Management Limited.
For investors introduced by Chelverton Asset Management, the transaction delivered a return of up to 15.5x their original investment made in 2016.
Macaulay has greatly enjoyed working with ICA over the past decade, supporting the business through its growth journey, and we wish the team every success in this next chapter.