ICG Enterprise Trust Achieves Significant Milestone with Datasite

ICG Enterprise Trust’s Successful Exit from Datasite

ICG Enterprise Trust plc, often referred to as ICGT, is thrilled to share the complete realisation of its co-investment in Datasite, a notable software provider specializing in virtual data rooms. This strategic move marks an important achievement for ICGT, as Datasite was its fourth largest investment, contributing significantly to the overall portfolio.

Details of the Realisation

As of early 2025, Datasite represented approximately 1.9% of ICGT’s total portfolio value, with the co-investment accounting for 1.6%. Following this successful realisation, ICGT secured cash proceeds amounting to $30 million (£22 million), which represented a 3% premium based on the valuation from the first quarter of the fiscal year.

Strategic Investment Journey

The investment journey for ICGT began in 2024 when the company made an investment of $18 million (£14 million) in Datasite. This co-investment was made alongside collaborators such as ICG Strategic Equity V and CapVest. The results of this transaction showcase the attractive returns that are possible, especially when considering the relatively short hold period.

Retention of Stake in Datasite

Interestingly, even after this exit, ICGT will maintain a minor stake in Datasite through its ongoing commitment to ICG Strategic Equity V. As of the end of January 2025, this indirect exposure represented 0.3% of the total portfolio value, ensuring that ICGT can leverage further potential growth in Datasite.

Industry Impact and Future Outlook

ICG Enterprise Trust continues to focus on long-term value creation within the private equity sector. The successful realisation from Datasite underlines the strength of its investment strategy, which is centered on investing in profitable, cash-generative private companies primarily in Europe and the United States.

The ongoing investment philosophy of ICGT emphasizes not just immediate financial returns but also sustainable growth through active management and strategic changes. This approach has solidified ICGT’s reputation as a leading player in the private equity landscape.

Contacting ICG Enterprise Trust

For any inquiries or further information regarding this announcement, interested parties can reach:

Analyst / Investor Relations

Contact: Martin Li, Shareholder Relations, ICG
Phone: +44 (0) 20 3545 1816

Media Inquiries

Contact: Clare Glynn, Corporate Communications, ICG
Phone: +44 (0) 20 3545 1395

About ICG Enterprise Trust

ICG Enterprise Trust excels as a listed private equity investor dedicated to fostering long-term growth. With a commitment to delivering consistent returns, the trust strategically invests in highly profitable private firms, thus enhancing its portfolio's strength.

By leveraging relationships with established funds and focusing on sustainable management, ICGT ensures careful investment decisions that balance risks and rewards effectively.

Frequently Asked Questions

What recent achievement did ICG Enterprise Trust announce?

The trust announced the full realisation of its investment in Datasite, its fourth largest portfolio company, marking a significant milestone.

How much did ICGT gain from the Datasite sale?

ICGT received cash proceeds of $30 million (£22 million) from the realisation of its investment in Datasite.

What was the co-investment amount in Datasite?

ICGT initially invested $18 million (£14 million) in Datasite as part of a co-investment deal alongside ICG Strategic Equity V and CapVest.

What future involvement does ICGT have with Datasite?

ICGT will retain a small stake in Datasite through its commitment to ICG Strategic Equity V, representing 0.3% of its portfolio value as of the end of January 2025.

What is ICGT known for?

ICG Enterprise Trust is recognized for its focus on private equity investment, providing consistent returns and fostering long-term growth through investments in profitable companies primarily in Europe and the US.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

Contact Logan Wright privately here. Or send an email with ATTN: Logan Wright as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.