The management team of UK-based travel management business ATPI has bought the company from Equistone with support from ICG.
ICG contributed junior debt and equity to the management buyout in exchange for a minority stake. A consortium comprising Lloyds, ING, HSBC, RBS, Investec and Bank of Ireland refinanced ATPI's funding...
Palero Capital has sold Heidrive to US drive technology company Allied Motion
Exit comes almost eight years after both GPs bought a joint 40% stake in the business
Fundraising partner Johansen leaves one week after CEO Tim Jones unexpectedly stepped down from his role
Both GPs are understood to have secured a joint controlling stake in the dubbing specialist