Capital Law congratulates WestBridge on the close of its third fund, WestBridge III
Congratulations to WestBridge on the close of its third fund, WestBridge III, which has reached its hard cap of £225m after being oversubscribed.
The close of WestBridge III follows the success of WestBridge’s market-leading predecessor funds, including the £100m WestBridge II fund. The new WestBridge III fund has seen several significant investors invest from across the globe, including a £34m commitment from the British Business Bank at final close.
WestBridge, an independent private equity house that typically invests between £10m and £40m in lower mid-market companies across the UK, has been a valued client of Capital Law for more than 15 years. During that time, we’ve supported the WestBridge team on numerous investments and exits across each of their three funds and have seen the strength of their investment strategy and value creation firsthand.
Tom Kelleher, Partner in Capital Law’s Corporate and Private Equity team, commented:
We’ve worked with WestBridge on many successful transactions over the past 15 years, and it’s been fantastic to see the success of their previous funds and all of the businesses that they have supported and continue to support – a testament to the hard work and efforts of the entire WestBridge team.
We wish them every success and look forward to working closely with them as they continue to deploy capital from WestBridge III.
