Three senior executives of Fidelity International’s former buy-out arm have established a new private equity firm.

Three senior executives of Fidelity International’s former buy-out arm have established a new private equity firm.

Canter Equity Partners, comprising managing partner Sebastian McKinlay and partners Paul Egan and Stephen Findlay, will continue to advise Fidelity on its UK buy-out portfolio, which consists of financial services compliance specialist Complinet and ride photography company Picsolve.

The team looks to complete at least three new transactions in the next 18 to 24 months, according to Egan.

It will invest in ‘lower mid-market growth buy-outs of services businesses that leverage information, intellectual property or technology to gain competitive advantage’, he adds.