Investors
Barclays Ventures backs Management Buy-Out of Lakeview Computers Group Limited
Since its foundation in 1988, Lakeview has successfully built up a significant customer base with excellent coverage of the
Khilan Dodhia, Director, Barclays Ventures, said:
“Lakeview represents a highly attractive investment for Barclays Ventures. The business has a long established and extremely loyal customer base, who provide significant repeat revenues. The company provides a very high level of service to its customers, with a flexible product set that is able to scale with its customers business needs. We look forward to working with a high quality incumbent management team to grow the business both organically and through acquisition.
About Barclays Ventures
Barclays Ventures invests equity of up to £10 million in private equity transactions. Wholly funded and owned by Barclays Bank Plc, it extends the financial strength and expertise of the UK bank to support Management Buy Outs, Management Buy Ins, expansion capital and equity release transactions.
Operating from offices across the UK, Barclays Ventures has invested in over 80 businesses since its inception in 1997.
In November 2005 Barclays Ventures was named "Small Buyout House of the Year", by specialist private equity publication Unquote. This award is open to all buyout houses operating in the UK smaller mid-market (deals up to £50m enterprise value). Its investment in Integral was voted 2006 Deal of the Year by peers, in 2006 South West Deal of the Year.
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