PM & Partners Private Equity has acquired Italian food producer Monviso from Alto Partners.
PM & Partners closed its second fund on €340m in 2009. The vehicle typically invests €20-50m per deal, focusing on businesses with revenues in the €50-200m range. Alto reaped a 2x gross cash return...
Round was led by Accel
360 Capital joined Robert Bosch Venture Capital and others in the round led by Intel Capital
Data analytics software developer will use the funding to invest in product development
With the management also selling its minority stake, Altran becomes the sole owner