LACE Partners is a leading full-service consultancy which focuses on optimising and transforming the HR functions of large corporates and multinationals. The business’s services include complex change projects for HR and payroll including people strategy and organisational design, employee experience, and systems, as well as the delivery of data and analytics insight.
The HR transformation market has expanded significantly in recent years due to increased complexity and digital requirements, with LACE strongly positioned to support its multinational clients via the experience and thought leadership of its highly skilled staff base.
Mobeus invested £10.2 million in a combined debt and equity package to acquire a minority stake in and support the strategic development and growth of the business. Mobeus will support LACE’s original founders, Aaron Alburey and Cathy Acratopulo, who continue to lead the business alongside a wider team of senior talent.
Under Mobeus’ investment, LACE will expand the capability and scale of its practice areas, given the increasing demand for its services, through organic and acquisitive growth. Mobeus has deep sector expertise in growing human capital businesses and a strong track record in developing these to greater scale.