3i has acquired a 75% stake in funerary business Mémora Inversiones Funerarias from Acciona for EUR 225m, in a deal which values the company at EUR 330m including debt. The transaction, which remains subject to approval by anti-trust authorities, will see Caja Madrid retain a 25% holding in the business.
Selling shareholders include Atlantic Capital, HR Alpha Ventures, Heilemann Ventures and BayBG
Four private equity and infrastructure fund managers are reported to be competing for the asset
A third of the French retailer's shares are put in free float by investors and management
GP invests via holding company that acquired ERP software providers Oxaion and Cimdata