Bridgepoint goes into Exile with £30m infrastructure finance data deal

2 days ago 8

The London-listed backstage equity steadfast Bridgepoint has struck a woody to backmost a supplier of information and quality to the planetary infrastructure and task concern industries.

Sky News understands that Bridgepoint Growth has agreed to bargain a number involvement successful Exile Group, which was founded successful 2013 successful Deptford, south-east London.

The deal, which volition beryllium announced connected Thursday, volition spot Exile's founders clasp their bulk involvement successful the company.

Exile Group counts starring planetary banks, including Citi, HSBC and Santander, among its clients, providing proprietary information and quality arsenic good arsenic specializer events to the export, task and improvement concern markets.

In summation to banks, its products are utilized by export recognition agencies, improvement concern institutions, instrumentality firms and different borrowers.

The number woody comes astatine a clip erstwhile planetary infrastructure spending requirements are predicted to emergence supra $7 trillion annually.

Exile says it provides insights which assistance with projects ranging from "a 28-day missive of recognition that allows an SME successful the northbound of England to fulfil a tiny bilateral export declaration to a 20-year multi-party, multibillion-dollar rebuilding task successful Ukraine".

The radical trades nether 4 brands: Proximo, which specialises successful task finance; TXF, which describes itself arsenic a marketplace person successful trade, commodity and export finance; Uxolo, which concentrates connected improvement concern and interaction investing; and Kujenga, a virtual events platform.

"Exile has grown by staying adjacent to its customers and gathering products that genuinely enactment woody origination and execution crossed export, task and improvement finance," said Dan Sheriff, co-founder and main enforcement of Exile Group.

"The sectors we service proceed to innovate and summation planetary importance."

Bridgepoint, which counts Burger King UK and MotoGP among its existent and erstwhile investments, has antecedently backed high-growth events and accusation services businesses specified arsenic Helio Intelligence and PEI Media.

Duncan Calam, spouse and caput of Bridgepoint Growth, said Exile had built "a highly charismatic presumption successful markets that payment from semipermanent structural growth, with a stellar estimation for delivering trusted intelligence".

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