Gambit Corporate Finance acted as lead advisor to the shareholders of Confidas People on its sale to The LCap Group, a portfolio company of Three Hills Capital Partners.
Established in 2017, Confidas People is a leading independent specialist Management Due Diligence (MDD) consultancy operating across the UK and Europe.
Confidas is led by a management team with substantial experience in Human Capital Planning, Management Team Due Diligence and Executive Assessments, supporting venture capital and private equity investment.
Graham Roadnight, Chief Executive Officer at The LCap Group said, “Confidas People will be well positioned for the increasing demand for Management Due Diligence support and will continue to operate independently of the LCap Group as a separate business leveraging LCap’s analytics whilst continuing to deliver a high integrity customer experience.”
Bruce Douglas, Managing Director of Confidas People said, “Confidas People has gone from strength to strength in a challenging macro environment and this investment ensures we will continue to do so.”
Gambit Corporate Finance acted as lead advisor to the shareholders of Confidas People on negotiating, structuring and project managing the transaction. The Gambit team was led by Geraint Rowe (Partner), Cen Thomas (Director) and Leo Crawford (Analyst).
Bruce commented, “Having known the Gambit team for a few years there was no hesitation in asking them to support us with this. Their professionalism, sector knowledge and expertise were invaluable in ensuring we got the best deal possible and keeping the momentum in what is a complex process. The added value was the softer side of the way they handled ourselves and all stakeholders at the pressure points of negotiations and we are delighted with the outcome they helped us to achieve.”
Cen Thomas, Director at Gambit Corporate Finance commented, “We are delighted to have acted for the Confidas People shareholders on this transaction. As a market leader in its field, Confidas People, with its extensive track record and strong client relationships, is well-positioned for ongoing success.”
