Clearlake Capital Group-backed Sage Automotive Interiors has acquired a majority stake in Italian automotive interior fabrics producer Apollo.
Following the transaction, US-based Sage will expand its business into the European market, in particular across eastern Europe, given Apollo's presence in Romania. The deal marks the second acquisition...
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