PRINT THIS PAGE UK Graphite backs secondary buy-out of Aktrion from Bridgepoint06/12/2004. Source: AltAssets. 
 UK private equity firm Graphite Capital has backed the secondary buy-out of Aktrion, the UK-based managed outsourced services group, from existing majority shareholder Bridgepoint. The financial terms of the deal have not been disclosed but sources close to Bridgepoint said that the firm made a satisfactory return on the deal.
Aktrion's key services include logistics support such as material handling and warehouse management, production line support and engineering and technical services.
Graphite Capital partner Andy Gray said, '(Aktrion) is ideally placed to take advantage of the expected strong growth in its marketplace. Research suggests that the European business process outsourcing market alone will nearly double to more than £40bn in the five years to 2006.'
'The Aktrion management team has a proven track record of building strong business relationships and developing new markets and we look forward to an exciting period of further growth,' he said.
Aktrion was the subject of a Bridgepoint-backed buy-out in May 2000. The sale of Aktrion is Bridgepoint's 14th exit in 2004. Last month the European buy-out firm announced the sale of analytical services testing company Alcontrol to Candover.
Graphite has a successful track record of supporting and developing businesses in related areas such as recruitment consultants PSD and Huntress and manufacturing companies such as Leaderflush & Shapland and Applied Energy.
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