PR statement from Chris Tate, CEO. 4th October 2024

Condatis is pleased to announce the completion of a management-led buyout in partnership with Bridgepoint. This strategic partnership marks a pivotal moment in Condatis’ journey, setting the stage for growth, innovation, and expansion. 

The MBO is led by CEO Chris Tate and three management colleagues and sees the transition from founders Campbell Grant, Chris Eckl, and Highlands and Islands Enterprise (HIE), to a new shareholder structure.   

Condatis is an Edinburgh-based software consultancy specialising in Identity and Access Management (IAM) solutions utilising the Microsoft Entra platform for a range of government and large-enterprise clients. This investment will strengthen business offerings, enhance customer service, and fund expansion into new markets, while maintaining high levels of expertise and staying true to company values of trust, collaboration, inclusivity and passion for technology.  

Bridgepoint is one of the world’s leading private asset growth investors, specialising in private equity, infrastructure and private credit. With over €67bn of assets under management and a strong local presence in Europe, North America and Asia, they combine global scale with local market and sector expertise, consistently delivering strong returns through cycles. 

Bridgepoint will support Condatis in its next phase of growth with investment through its latest small-cap fund, Bridgepoint Growth II. This fund provides growth capital to dynamic, rapidly growing businesses in Europe that use digital technologies to achieve transformational growth in their end-markets.