SLR and Charterhouse Capital Partners complete on investment deal

SLR has completed on the deal that sees Charterhouse Capital Partners, a leading European private equity firm, become SLR’s principal investment partner for the next phase of its growth and development.

The deal was initially announced at the end of March 2018, but was subject to a conditional court approved scheme of arrangement and regulatory approvals. Charterhouse replaces 3i and becomes SLR’s main shareholder, with the management team and other staff retaining a significant stake in the business.

Neil Penhall, SLR’s CEO, commented “It’s great to be able to complete the investment process with Charterhouse. We can now focus on realising together the strategy and exciting growth plans we have for the business. The initial announcement has been very well received by SLR’s clients and staff and our plans for the future have also proved of significant interest to potential new staff and acquisitions looking to join SLR at this exciting time.”