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...
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