WestBridge Capital Achieves Recognition for Partial Exit from Eque2
Deal News | Feb 05, 2025 | WestBridge Capital LLP
In an announcement that underscores its strategic prowess in private equity, WestBridge Capital LLP has been shortlisted for the Real Deals Private Equity Awards 2025 in the Lower Mid-Cap Deal of the Year (UK & ROI) category. This recognition follows WestBridge's partial exit from Eque2 Ltd, a prominent ERP software provider for the construction sector. Since partnering with Eque2 in 2020, WestBridge has played an instrumental role in the company's growth by implementing its Value Creation Model, resulting in substantial transformation and development within the firm. The successful exit highlights WestBridge's impactful investment strategy and its role in facilitating growth-oriented change. Despite the partial exit, WestBridge retains an interest in Eque2 and has announced a new collaboration with Bowmark Capital to support the company's forthcoming expansion phases. The PE firm celebrates its achievements alongside other shortlisted firms, anticipating the award ceremony in April.
Sectors
- Private Equity
- Enterprise Software
- Construction
Geography
- United Kingdom – The article highlights WestBridge's nomination in a UK-specific awards category, with Eque2 also operating within the UK market.
- Republic of Ireland – The awards category in which WestBridge is nominated covers both the UK and the Republic of Ireland.
Industry
- Private Equity – The article discusses WestBridge Capital's activities and recognition within the private equity sector through its strategic investments and exits.
- Enterprise Software – Eque2 Ltd operates within the enterprise software industry, specifically providing ERP solutions to the construction sector.
- Construction – Eque2 supplies ERP software exclusively to companies within the construction industry, affecting project management and operational efficiency.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| WestBridge Capital LLP | Partial Exit Initiator | Company | A private equity firm known for focusing on mid-market opportunities. |
| Eque2 Ltd | Target Company | Company | A leading provider of ERP software solutions exclusively for the construction industry. |
| Bowmark Capital | New Partner | Company | A private equity firm partnering with WestBridge Capital to support Eque2's future growth. |
| Real Deals | Awarding Body | Company | Organization hosting the Private Equity Awards 2025, recognizing exemplary transactions and performances in the PE sector. |