Turnaround firm Hughes Armstrong Industries has made changes to its management team, bringing in PHD Equity Partners' David Riley as partner and moving founder Steve Lord to lead a portfolio company.
French plastic medical devices manufacturer is sold to Mérieux Développement and Gimv
French VC, launched in 2017, backs French tech companies in their early-stage phases
Strategy remains unchanged, investing in profitable businesses in the DACH and Benelux regions
Second bolt-on, after the purchase of Hamburg-based Startec, since AnaCap's original acquisition