OC&C congratulates Ascential on the successful divestment of BEP assetsThursday, 18 March 2021 | News
We are pleased to congratulate Ascential on the sale of their BEP division comprising of DeHavilland, Glenigan and Groundsure. In total, the divestments raised £257.9m, which will be allocated back to the Group’s core areas of focus, in particular Digital Commerce. DeHavilland was sold to Bridgepoint (UK investor), Glenigan to Byggfakta (Nordic business information provider to construction, healthcare and property sectors), while Groundsure was sold to ATI Global (global legal tech, software and information services provider).
We were delighted to support Ascential, building on a long-standing relationship with the business and their leadership team. We were able to bring a deep understanding of the businesses, leveraging our experience in the space. We have indeed worked on many important transactions relating to business information, data and analytics over the past decade, providing thought leadership to executives and investors.
For more details on this transaction or OC&C's broader experience in this space, please contact our team.