Bridgepoint Group plc agreed to acquire Residential property management services unit of Nexity SA for enterprise value of ?440 million.

Bridgepoint Group plc is a United Kingdom-based private equity and credit fund manager. It is focused on investing in middle-market businesses via four distinct fund strategies. Middle Market strategy is implemented via its flagship buyout fund, which invests in businesses typically valued between 250 million euro to one billion euro. Small Mid Cap strategy is implemented via Bridgepoint Development Capital, which is focused on investing in small mid-cap companies valued upto £200 million. Small Cap strategy is implemented via Bridgepoint Growth, which is focused on companies using digital technologies to achieve transformational growth in their end-markets, typically seeking equity investment of between £5 million to £20 million. Credit strategy is implemented via Bridgepoint Credit, is its private credit platform that invests across the capital structure and risk-reward spectrum through three complementary strategies of Syndicated Debt, Direct Lending and Credit Opportunities.