Lonsdale Capital Partners (Lonsdale), a private equity firm focused on the lower mid-market in the UK and Europe, has exited digital transformation consultancy, P2 Consulting (P2), producing a 2.7x return on its investment.
The business has been sold to Valcon, the European consulting firm backed by Waterland Private Equity. This is the fifth exit that Lonsdale has announced this year and the fourth from its current fund.