Astorg and Montagu Private Equity have entered into a binding agreement with Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ) for the sale of a significant minority stake in French medical diagnostics equipment business Sebia.
Deal is the first investment for the GP's recently opened Midlands office
Deal ends a five-year holding period for Cornerstone, which acquired Infoniqa SQL in 2012
Craig Hopwood joins the GP's northern team from HSBC, where he was a director
Lexington was previously reported to be considering acquiring up to €1.2bn in secondary commitments