The introduction of JC Flowers & Co as a majority shareholder in MMC Ventures-backed Interactive Investor has enabled the business to bolt on two European competitors. Kenny Wastell explores the journey ahead for the media and trading company
Five years after its initial investment in financial media and online trading group Interactive Investor, MMC Ventures turned to US buyout house JC Flowers to support its growth strategy for the business....
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As part of the deal, the GP will acquire a majority stake in the Italian coffee machien maker
Deal marks Riverside's fifth buyout this year and its first in Germany in 2016
Latest round brings total funding received by company to €13.5m