Staff
OMERS Private Equity has completed the purchase of U.K.-based Civica from 3i and funds managed by 3i for an enterprise value of £390 million.
Civica is a provider of specialized software systems, cloud-based IT services and technical outsourcing, primarily to public sector organizations in the U.K. and around the world.
“Civica has a proven track record, and we are confident that together we can build an even greater business,” says Mark Redman, senior managing director and country head, Europe, with OMERS Private Equity.
This is the fourth direct investment completed by the European private equity team since it was established in September 2009.
Read more: