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...
Noble is currently CEO of CDC, and is a former partner at Schroder Ventures (now Permira)
Sale of utility service provider follows an eight-year holding period
New fund is almost double the size of Montefiore III, closed on €240m in 2013
Acquisition will bring IPC's revenues to €200m, up from €170m in 2013