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UK Tycoon Souter's Family Office Seeks Deals Amid Global Tension

UK Tycoon Souter's Family Office Seeks Deals Amid Global Tension

Bloomberg4 days ago

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An investment firm for Brian Souter, who built one of the world's biggest transport fortunes, plans to keep striking deals even as other money managers curb risk-taking amid heightened volatility in global markets.
The Stagecoach co-founder's namesake family office is staying alert to new investments in private equity, where it's carved out a niche allocating to companies below the radar of buyout giants such as Blackstone Inc., according to the Scottish tycoon. The Edinburgh-based firm co-invested last month with Horizon Capital in acquiring a majority stake in consulting firm ERA Group for an undisclosed sum, and it's already lining up further deals.

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