Albion Ventures has exited its investments in six UK-based Picturehouse cinemas as part of the sale of City Screen to Cineworld.
Albion sold the six venues for a total of around £12.5m, but had received £9.6m in loan stock interest and other payments and loan stock repayments over the course of the investment. Overall, Albion...
Brenke first joined Ardian as managing director two years ago
Deal represents 44.5% IRR for the vendors, four years after their initial investment
Gimv invested in the Parisian tech company through its Smart Industries platform
As part of the strategy, the GP will consolidate its listing on the London stock exchange