UK small- to mid-cap house Lonsdale Capital Partners has backed the MBO of Avalon Funeral Plans.
The deal was done through Nirvana Holdings and is backed by a number of institutional and family investors, including family office Souter Investments and F&C Private Equity Trust. Zeus Capital advised...
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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