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...
Fund's predecessor, Capzanine 3, also closed on its €350m hard-cap in 2013
Deal marks the second acquisition for the GP’s third vehcle, Quadrivio Private Equity Fund 3
Deal follows a similar investment in the oil exploration business earlier this year
Adveq invests €10m, while HPE Growth Capital provided the initial €20m in May