In May 2012, SCF partnered with ICG to allow further growth and expansion.
ICG, a leading independent investor and fund manager, has supported SCF’s senior management team in its buyout of the company from Archer Capital with minority equity stake in the company.
Founded in 1989, ICG is a specialist investment firm and asset manager providing mezzanine finance, leveraged credit and minority equity, managing over US$17 billion of assets in proprietary capital and third party funds. ICG has a large and experienced investment team operating from its offices in London, Paris, Madrid, Stockholm, Frankfurt, Amsterdam, Hong Kong, Sydney, Singapore, Tokyo and New York. Its stock (ticker symbol: ICP) is listed on the London Stock Exchange. Read more information on ICG.
Chris Heine, Head of Asia Pacific at Intermediate Capital said: “SCF is an extremely attractive business with a unique market positioning and strong potential. We are pleased to support the founders and management team in achieving their growth ambitions.”
Richard Sykes, founder and CEO of SCF said: “We are thrilled to have acquired a majority stake in our business. We see substantial opportunities to further expand our operations both in Australia and internationally and look forward to working with ICG for the next phase of our business.”