Bridgepoint’s Investment In Matrix

Ropes & Gray has advised Bridgepoint on its investment in Matrix SCM.

Matrix SCM is a leading managed service provider for the outsourced hiring and management of temporary local government staff in the UK.

The proceeds from the investment will enable Matrix to further drive its growth plans as well as target new sectors within the broader professional and specialist consultancy procurement market. Financial terms and conditions of the investment have not been disclosed.

Bridgepoint is a private equity firm, providing financial resources, support and assistance for businesses in Europe.

The Ropes & Gray team advising Bridgepoint was led by private equity transactions partner Helen Croke (Picture), with finance partner Malcolm Hitching advising on the financing aspects of the deal. Other members of the team included private equity associates Craig Jourdan, Daniel Williams and Ciara Stratford and finance associate Jack Bodkin. All are based in the firm’s London office.

Involved fees earner: Jack Bodkin – Ropes & Gray; Helen Croke – Ropes & Gray; Malcolm Hitching – Ropes & Gray; Craig Jourdan – Ropes & Gray; Ciara Stratford – Ropes & Gray; Daniel Williams – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Bridgepoint ;