Bridgepoint, a specialist in mid-market private equity, infrastructure, and private credit investments, has completed its acquisition of Eckoh, a global provider of Customer Engagement Data Security Solutions, at a price of 54 pence per share.
Eckoh’s ordinary shares will now cease trading on the AIM market and the company will delist from the London Stock Exchange on 21 January 2025.
The acquisition marks the first deployment made via BDC V, the latest fund of Bridgepoint’s small-to-mid-cap strategy, Bridgepoint Development Capital, which focuses on investing in fast-growing businesses with an Enterprise Value of up to £300m.
Over the past decade, Eckoh has become a global leader in Customer Engagement Payment and Data Security software for the Contact Centre market, delivering strong financial and operational performance.
According to a press statement, Bridgepoint will support Eckoh’s growth through geographic expansion, product innovation, and targeted acquisitions, helping to expand its customer base and drive long-term profitability.