Bridgepoint invests £6.7m in Carter and Carter

Management of Carter and Carter, a consultancy to the automotive industry, has also taken a broader equity holding.

Bridgepoint Capital has invested £6.7m in Carter and Carter, a company which provides consultancy, strategy implementation and human resources development to support car manufacturers.

It has invested alongside the managing director Phillip Carter and other members of the senior management team. Michael Davy, regional director of Bridgepoint Capital, will join the board of Carter and Carter.

Phillip Carter said: “By broadening management's equity holding and bringing on board a strong financial partner, this transaction creates the right capital base to allow us to develop our business internationally.”

The firm has offices in the UK, US, Australia and Japan.