PAI Partners and Goldman Sachs' Merchant Banking Division have sold German building materials producer Xella Group to Lone Star.
Financial details surrounding the transaction have not been disclosed. Nonetheless, the GPs sold their stake in the business for a sum understood to be in the region of €2.2bn, a source close to the...
Venture capital firms originally invested in the company in 2011 and 2014 respectively
Fund manager Quaestus exits its stake in the Croatian business after an eight-year holding period
Proposed deal for the aluminium profiles manufacturer comes just two years after Advent's acquisition
Deal marks first investment by small-cap buyout fund Crescendo, which held a €42m first close this year