Bridgepoint beats Penta for Hatch Group stake

Bridgepoint Capital has provided £10m (€16.7m) in equity capital to Hatch Group, the new public relations company that has been launched by the former deputy chief executive of Shandwick International.

Hatch Group also received an additional £10m in debt financing from Bank of Scotland for a total funding package of £20m. Bridgepoint and Bank of Scotland are understood to have won the right to fund Hatch Group over rival private equity firm Penta Capital.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump