Buyout houses NB Renaissance and Apax Partners have increased their stake in Italian software company Engineering Ingegneria Informatica to 44.3%, triggering a mandatory bid for the remaining shares.
Mercia invests directly from its balance sheet after previously using third party funds
Fresh capital will be used to expand globally and facilitate cross-carrier collaboration
Through the transaction, the GP will offer financial and management resources to the firm
Buyout of Baywater Healthcare was Duke Street's second deal-by-deal financing