Greenhill Capital Partners Europe (GCPE) has completed an investment in Travel Entertainment Group (TEG). GCPE will become a significant minority shareholder in TEG, with the existing shareholders and management remaining as majority shareholders.

Greenhill Capital Partners Europe (GCPE) has completed an investment in Travel Entertainment Group (TEG). GCPE will become a significant minority shareholder in TEG, with the existing shareholders and management remaining as majority shareholders.

UK-based TEG was founded in 1997 and provides in-flight entertainment to the airline and sea cruise industries.

Legal and commercial advice for the majority shareholders and management of TEG was provided by a team from Withers Worldwide

Mark Hogg, chief executive of TEG, said: “I am very pleased to welcome GCPE as an investor in the business. GPCE is an ideal partner and will allow us to accelerate and build on our recent rapid growth and success.”

Adam Maidment, principal of GCPE, commented: “[The] team has built a very successful business over the past decade and we are delighted to have the opportunity to support them in the continued growth and development of the business.”