Spanish GP Magnum Capital has acquired a majority stake in Iberchem, a Spanish fragrances producer, from Capital Alianza.
The company's management team has upped its stake in the firm as part of the transaction. The investor made an offer of around €80m, equating to 8x EBITDA. The company was sold through an auction...
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