British growth equity and venture capital investor Scottish Equity Partners (SEP) has launched new fund SEP IV, already raising £185m.
SEP IV has exceeded the company's previous fund, SEP III, which closed on £160m in 2006. The fund target has not been disclosed. Investors All current commitments came from SEP's existing institutional...
XAnge Private Equity bought a minority stake in the group in 2007 for €3.5m
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IPO sees Prime Ventures and Macquarie among vendors of existing shares worth a total of €153m
Business, founded in 2014, is currently at proof-of-concept stage for its product