Greater Manchester-based K3 Capital Group acquired by Sun European Partners, LLP

Greater Manchester-based K3 Capital Group (“K3”) is pleased to announce that its acquisition by an affiliate of Sun European Partners, LLP has been finalised.

This acquisition of K3 will benefit clients’ and employees alike, providing further investment in its existing businesses, driving growth through new technologies and additional resources, whilst providing access to capital that will enable K3 to continue its diversification through the acquisition of synergistic and complementary businesses.

Following K3’s flotation on the London Stock Exchange’s Alternative Investment Market in 2017, the Group has seen significant growth, from a business sales advisory firm operating out of a single office in Greater Manchester with under 100 employees, to a multi-disciplinary and complementary group of professional services business advising SMEs throughout the UK and beyond.

K3 currently employs over 600 people across 30 offices in 7 countries and has seen revenues grow from c.£10m at initial public offering to c.£85m in the current financial year.

John Rigby, CEO of K3 Capital Group, commented on the acquisition, “Being a PLC has helped to build this company from a business sales advisory into a fast-growing professional services group. Our success is testament to our employees, clients, partners, and investors, and we now feel that this is the right time to take the next big step in our ongoing growth journey.

“Through partnering with Sun European’s team, K3 is poised to accelerate its growth in ways that were not previously attainable and will prove to be an excellent opportunity for our businesses and employees to become the best at what we do. I am excited to get started on this next phase of our story!”

By Mark Adair – Correspondent, Bdaily

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