- Livingbridge first invested in Brainlabs in 2019
- Falfurrias Capital is a private equity firm that invests in growing, middle-market businesses
- Livingbridge is an independent private equity firm based in London
Livingbridge has exited Brainlabs, a digital media agency, to Falfurrias Capital Partners.
Livingbridge first invested in Brainlabs in 2019.
The firm supported Brainlabs through eight acquisitions and growth into new markets, including expansion in the US, according to a release.
During Livingbridge’s investment period, Brainlabs’ turnover increased to £90 million ($111 million; €104 million) from £12 million. The company also grew from 206 employees to 850 at present.
“We’re thrilled with what we have been able to achieve alongside the management team at Brainlabs over the past four years; entering new markets, and further strengthening their proposition through M&A and team growth,” said Vernan Richards, Livingbridge investor.
Brainlabs is headquartered in London.
Livingbridge is an independent private equity firm based in London. It has offices in the UK, US, and Australia.
Falfurrias Capital is a private equity firm that invests in growing, middle-market businesses. The firm is headquartered in Charlotte, North Carolina.
Livingbridge and Brainlabs were advised by Canaccord Genuity.