International law firm CMS has advised private equity firm August Equity on its investment into Impact Futures and The Childcare Company, providers of apprenticeships and commercial training programs to customers in licence-to-practice healthcare end markets, alongside the existing management team.
August Equity invests in high quality, service-orientated businesses in the UK that support the environment and contribute to positive societal change. This transaction marks August Equity’s first investment from its August Equity Partners VI fund, which is focused on backing high quality management teams in B2B services, software, and technology businesses. This investment will support Impact Futures’ ongoing growth.
CMS Corporate partner Narinder Jugpal comments: “We are delighted to have supported August Equity on its investment in Impact Futures. Given August Equity’s invaluable expertise in compliance driven end markets across healthcare and early years, we are confident that this deal marks the start of an exciting partnership between August Equity and Impact Futures.”
Kishan Chotai, partner at August Equity, adds: “We are excited to be partnering with Impact Futures and combining our respective strengths to accompany them on their next stage of growth. We are very grateful to Narinder and the CMS team for their ongoing support and excellent advice throughout the transaction.”
The CMS team was led by Narinder Jugpal, and included Ga Hyee Lee and Jack Richards (Corporate); Tom Hughes and Paul Baird (Banking); and Aaron Fairhurst and Alexander Oldland (Tax).
This is the latest investment CMS has advised August Equity on, having previously worked on the sale of Agilio Software earlier this year.
