Spectrum advises the management team of BIMM as Sovereign Capital Partners exits its 10-year investment

Spectrum advises the management team of BIMM as Sovereign Capital Partners exits its 10-year investment

23 November 2020

Spectrum Corporate Finance has advised the management team of education provider BIMM through the exit of Private Equity investor Sovereign Capital Partners following a highly successful ten-year partnership culminating in the sale to funds managed by ICG plc, the global alternative asset manager.

The BIMM Group is the largest and leading provider of creative arts education in Europe and has been backed by buy and build specialist Sovereign Capital Partners since 2010.

Spectrum have had a long-standing relationship with the BIMM Group and Sovereign Capital Partners and have advised them through a number of transactions and capital raising projects over their investment term. On this latest project Spectrum advised the management team through the exit of Sovereign Capital Partners and their rollover reinvestment in the new structure, as well as the terms of the new management equity incentive.

For full deal details please click here.

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