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...
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