Lonsdale Capital Partners' Spanish portfolio company Global Yachting Group has acquired French yacht and ship builder ACA Marine, while the GP's funeral service provider Avalon has bought Plan My Funeral.
GP aims to bolster its presence across the DACH region with the hire of a new partner
New funding will be used on sales and marketing resources to aid with international expansion
Product design company will invest in new product development and international expansion
Exit represents a 3.5x investment multiple for HgCapital and a 30% gross IRR, with cash proceeds of £36.9m