Advent International has raised €8.5bn for its latest fund, Advent International GPE VII LP, in less than nine months.
CM-CIC started backing the Le Normandy group in 2000, structuring a €9.3m financing round
Investment will come from Bregal's Jersey-based €550m DACH fund, Bregal Unternehmerkapital LP
Private medical insurance broker was the first investment from the GP's £150m second fund
Following resignation of its chair and CEO, the GP is now looking for an international backer