Eque2 Shortlisted for PE Award After WestBridge Exit
Deal News | Feb 05, 2025 | WestBridge Capital
WestBridge Capital has received recognition for its partial exit from Eque2, which has been shortlisted for Lower Mid-Cap Deal of the Year at the Real Deals Private Equity Awards 2025 in the UK and ROI category. The partnership, established in 2020, saw the implementation of the WestBridge Value Creation Model, which drove significant change and growth within Eque2, a company providing ERP software for the construction industry. WestBridge retains an interest in the company and has partnered with Bowmark Capital to support Eque2's future development.
Sectors
- Private Equity
- Software
- Construction
Geography
- United Kingdom – The awards and the deal being discussed are focused within the UK market.
- Republic of Ireland – Included in the awards category (UK & ROI), indicating the geographical relevance of the market impact.
Industry
- Private Equity – The industry relevant to the article as it involves WestBridge Capital's partial exit from Eque2 and its recognition in a PE Awards category.
- Software – Eque2 Ltd operates in the software industry, providing ERP solutions to the construction sector.
- Construction – Eque2's software is tailored specifically for the construction industry, making this a relevant sector.
Financials
- Not disclosed – The financial details of the partial exit from Eque2 are not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| WestBridge Capital | Selling Company | Company | A private equity firm that executed a partial exit from Eque2 Ltd. |
| Eque2 Ltd | Target Company | Company | A provider of ERP software to the construction industry. |
| Bowmark Capital | Other Company - Future Partner | Company | New investment partner with WestBridge Capital for the continued growth of Eque2. |
| Real Deals | Awards Organizer | Company | Organizer of the Private Equity Awards where WestBridge's exit from Eque2 was shortlisted. |