Travel search engine Skyscanner, backed by Scottish Equity Partners (SEP), is to be acquired by listed trade buyer Ctrip in a deal valuing the business at £1.4bn.
The business, whose largest shareholder is SEP, will retain its headquarters in Edinburgh following the deal and will continue to be run independently by its existing management team. Other VC backers...
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