JZ Capital Partners has announced that it has closed the sale of its minority stake in Winn Group, held through the EuroMicrocap Fund 2010, L.P. to a major financial institution for €20.8m ($23m) following the receipt of regulatory approval. Founded in 2002, Winn is a Newcastle-based UK legal services firm specialising in personal injury cases.
JZ Capital Partners says that the sale marks the completion of a two-phase transaction to sell its stake in six European investments, held through EMC 2010, to the same financial institution. The two-phase transaction was originally announced in February 2016.
JZ Capital Partners sells its minority stake in Winn Group : JZCP