Gresham Private Equity, a London-based mid-market investor, has sold training company 7City Learning to Fitch Group.Â
The terms of the transaction were not disclosed, but a source close to the deal said the transaction was valued at around £90 million (€105.69 million, $142.28 million). This represents three times the amount Gresham paid to acquire the company, the source said.
Gresham exits 7City
The sale marks the third exit in 12 months for the UK firm, which is expected to raise Fund V this year.
