Schroder British Opportunities Trust plc ("SBO") is pleased to confirm a new private equity investment in CSL Group ("CSL"), a critical IoT connectivity business.

Founded in 1996 as a UK alarm signalling provider, CSL has grown into a European leader in critical connectivity, now trusted with ensuring over 3 million connections across diverse industries.

This transaction represents SBO's twelfth private equity investment, further diversifying its portfolio. SBO gained exposure to CSL through ECI Partners, a leading UK-based growth buyout focused private equity firm, who will work closely with CSL to accelerate the company's development and expansion plans.

As part of ECI's continuation fund, CSL will continue its expansion strategy, including further delivering on its M&A roadmap to enter new verticals, geographies or acquire new technologies.

Commenting on the investment, Tim Creed and Pav Sriharan, portfolio managers of SBO, said:

"We are delighted to support CSL alongside ECI. CSL's proven track record and mission-critical services position it strongly for future growth, and we believe it has the potential to deliver long-term value in an expanding global market for secure connectivity."