MML Capital Partners has sold its 40% stake in UK-based landmine clearance company MineTech to German trade buyer Dynasafe Area Clearance Group, which is backed by Perusa Partners.
MML achieved a 2.7x overall return on the investment in Exploration Logistics Group, a large part of which it divested a year ago. The overall IRR was 140%. The sale was coordinated by corporate finance...
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As part of the deal, the GP will acquire a majority stake in the Italian coffee machien maker
Deal marks Riverside's fifth buyout this year and its first in Germany in 2016
Latest round brings total funding received by company to €13.5m