Private equity firm completes sale of £380m print management firm

Mid-market private equity firm Equistone Partners Europe has completed the sale of managed print services provider Apogee to HP, in a deal that values the company at £380m. Apogee, which has a large operation in Wakefield, employs over 1,000 staff and operates from 25 office locations across the UK and Europe. It has grown turnover to over £250m this year, becoming one of Europe’s largest independent providers of managed print services.