ISIS, the UK lower mid-market private equity firm, has announced the close of the
The
The fund will focus on the lower end of the mid market, investing in buyout opportunities of small to medium sized businesses in the UK. It will invest between £6m and £20m in deals with an enterprise value of between £15m and £75m. ISIS focuses on five sectors: Business Services, Financial Services, Consumer Markets, IT & Media and Healthcare & Education.
The ISIS team, led by the Partners who have worked together since 1999, spun-out from F&C Asset Management in June 2005. Since 1999 ISIS has backed 38 businesses achieving 23 exits. ISIS IV is the first fund it has raised as a fully independent firm.
Acanthus Advisers, London acted as placement agent for the Fund.