Media release
LGT Private Debt provides unitranche facility for Bridgepoint Development Capital’s take-private of Eckoh
LGT Private Debt acted as lead arranger of a unitranche facility for the take-private of Eckoh by private equity firm Bridgepoint Development Capital (Bridgepoint). Eckoh is a global provider of customer engagement payment and data security software for the contact center market.
Pfaeffikon, 6 February 2025. Bridgepoint recently completed the acquisition of Eckoh and the company’s ordinary shares have been delisted from the London Stock Exchange. Bridgepoint will use the facilities provided by LGT Private Debt to support Eckoh’s growth through innovation, expansion and strategic opportunities in order to unlock the company’s full potential.
Founded in 1997, Eckoh employs 190 people and has operations in Hemel Hempstead, Hertfordshire, in the UK and Omaha, Nebraska, in the US. The company’s mission is to provide software that safeguard’s sensitive customer data from contact center fraud and cybercriminals, preventing organizations from facing financial penalties as a result of data breaches.
Jonathan Smith, Principal at LGT Capital Partners, said: “We are pleased to support Bridgepoint and its investment in Eckoh as the software company enters the next phase in its development journey, driven by geographic expansion, product development and strategic M&A. We are delighted to have closed another transaction with Bridgepoint and highly appreciate their hands-on investment approach and industry expertise.”
Private debt is one of LGT Capital Partners’ areas of expertise in the field of private markets. The team has an average of 13 years of industry experience and is based in Paris, London and Frankfurt am Main. It has invested more than EUR 5.9 billion since 2005. As a specialist in the European private debt market, it arranged the first unitranche transaction in Europe in 2007.
LGT Capital Partners
LGT Capital Partners is a leading global specialist in alternative investing with over USD 100 billion in assets under management and more than 700 institutional clients in 44 countries. An international team of over 850 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo and Sydney.
IMPORTANT INFORMATION
AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. This marketing material was issued by LGT Capital Partners Ltd., Schuetzenstrasse 6, CH-8808 Pfaeffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.
