Golding Announces Successful Exit for Buyout Co-Investment Strategy

Munich, 4 July 2024 – Golding Capital Partners, a prominent European asset manager in alternative investments, has successfully exited its ‘Buyout Co-Investment 2020’ for the second time. The private equity firm Livingbridge partially sold its portfolio company, Quorum Cyber, in June. Golding Capital Partners co-invested in the business through its Buyout Co-Investment 2020 vehicle. Charlesbank Capital Partners, a US private equity firm, has become the new lead investor, with Livingbridge and Golding reinvesting in the company.

Daniel Boege, Partner and Head of Buyout at Golding, stated, “We are proud to have generated liquidity for our investors while continuing to support Quorum Cyber’s growth. This company is a part of our ‘Golding Buyout Co-Investment 2023’, which aims to provide our investors with access to a diversified portfolio in Europe and the USA.”

Founded in 2016, Quorum Cyber is a leading UK-based cyber-security provider that protects over 150 companies worldwide. Since Livingbridge’s investment in 2022, the company has tripled its workforce and plans to expand its services and presence in the USA.

The Golding Buyout Co-Investment 2023 programme is progressing well, with investments in additional software companies in Scandinavia and Spain, an Austrian packaging business, and a global testing and compliance services provider.