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ICG Enterprise Trust PLC - London-based investor in North America and Europe buyouts - Announces €10 million co-investment alongside private equity manager Cinven Ltd to support the acquisition of Kansas-based software solutions company Archer Technologies LLC. Upon completion ICG Enterprise will hold a direct and a primary investment in Archer via its position as a limited partner in Cinven. Archer has operations in the US, Europe, the Middle East and Asia-Pacific region. Cinven will work closely with management to continue internationalising Archer, including executing opportunities to expand its presence in North American and European key markets and verticals. Current stock price: 1,122.75 pence, up 0.4% on Tuesday morning 12-month change: up 5.5% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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