ECI Partners reaps 2.5x return on CliniSys sale

The buyout firm is expected to return to the fundraising market in the second half of next year, according to a person familiar with the matter

ECI Partners has agreed to sell laboratory IT systems supplier CliniSys Group, in a sale which will reap a 2.5-times net return on the UK lower mid-market buyout firm's initial investment.

The London-based firm yesterday announced it has reached an agreement to sell CliniSys to European mid-market buyout firm Montagu Private Equity.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink