Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, has provided a financing solution to support mid-market private equity firm Palatine Private Equity (Palatine) and its portfolio company, Leicester-based Construction Testing Solutions (CTS).
The capital for this transaction was funded from Kartesia Senior Opportunities I (KSO I), which has now completed twelve investments in the UK market since the launch of the strategy in 2020. The deal team at Kartesia comprised Nick Holman, Kamil Kapasi and Karan Patole. The investment also marks Kartesia’s second transaction with Palatine Private Equity.
