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Kaupthing acquires DLG for £72.5m

17/10/2007Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityKaupthing Capital Partners, the private equity arm of Iceland's Kaupthing Bank, has acquired DLG in conjunction with the company's management for a total consideration of £72.5m.

DLG is a UK provider of consumer lifestyle data for multi-channel direct marketing.

Kaupthing described the deal as one of its 'typical buy-and-build transactions'.

David Sherratt, managing director, Kaupthing Capital Partners, said, 'We are delighted to be partnering with DLG. It is a top-quality company, we know its business inside out and share the vision for DLG's future with its management team.'

Kaupthing Capital Partners recently raised the £550m KCPII fund.

Copyright © 2007 AltAssets

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