Silver Lake Partners has taken over WHEB Partners' majority stake in German recycled plastics processor friedola Tech, through its energy investment initiative Silver Lake Kraftwerk.
Silver Lake invested €31m for its stake and will be the new majority owner alongside existing investor Kleiner Perkins Caufield & Byers (KPCB), which holds about 30% of the company, and the CEO whose...
Brenke first joined Ardian as managing director two years ago
Deal represents 44.5% IRR for the vendors, four years after their initial investment
Gimv invested in the Parisian tech company through its Smart Industries platform
Fresh funding is in addition to an eight-digit backing from a consortium of investors in May