London-based private equity firm Agathos Management has completed a majority investment in Lexxic, a provider of neurodiversity assessment services and accreditation to organisations in the UK.
Agathos will work with Lexxic’s existing management team led by CEO Kate Goodanew on the expansion of existing and new services, the continued delivery of psychology-led services and the development of technology.
Agathos partner James Bakewell and private equity investment associate Chanelle Jones will join Lexxic’s board, having led the transaction alongside senior investment manager John Butterworth. Edwina McDowall, who is currently an independent non-executive director at the British Triathlon Federation, according to her LinkedIn profile, will also join as chair.
Lexxic employs over 100 people, offering psychological support to employees at partner companies as well as its Neurodiversity Smart accreditation scheme, which comprises individual assessments, e-learning and consulting services.
Agathos was advised by Stephenson Harwood, Fairgrove, Crowe, Grant Thornton, Continuum and CG Consultancy. Lexxic was advised by Shoosmiths and Castle Corporate Finance.
