Quayle Munro is pleased to announce that it has advised the shareholders of Third Bridge Group Limited (“Third Bridge”), a fast-growing international primary research provider, on an investment from the IK Small Cap I Fund.
Third Bridge provides its clients with insights into companies and markets through access to industry experts and market research. Serving a client base of over 300 customers, including private equity funds, consulting firms, hedge funds and corporates, Third Bridge has a global footprint, with six offices covering America, Asia and Europe. Since inception in 2007, the Company has doubled its turnover every two years, and now employs more than 550 people.
Pierre Gallix, Partner at IK Investment Partners and advisor to the IK Small Cap I Fund, said: “As a client of Third Bridge, our paths have crossed many times, and we have always been very impressed by the Company and the exceptionally experienced management team. We share their values and vision for growth and, as a minority partner, we are proud to support the continued development of Third Bridge’s business model and expansion of the service offering.”
Emmanuel Tahar, Founder and CEO of Third Bridge, said: “Quayle Munro proved to be an excellent partner to represent us on this transaction. Their understanding of our business, combined with their relationships and private equity experience, played an important role in identifying the right investor to take Third Bridge forward. The Quayle Munro team managed the process with care and diligence whilst providing robust, independent advice at every stage. We are pleased to have delivered an excellent outcome for shareholders.”
Tim Shortland, Managing Director of Quayle Munro, said: “Third Bridge has established itself as one of the leading independent research providers globally and the investment from IK Investment Partners will help accelerate its impressive growth trajectory. We are delighted to have worked with Emmanuel and his team on this transaction.”
This transaction continues Quayle Munro’s strong track record in processes involving financial sponsors. Completed transactions in the last 12 months have involved Aquiline Capital Partners, EQT, HgCapital, LDC, Naxicap Partners, Oaktree Capital Management and Silverfleet.