While the Belgian buyout market has suffered along with the rest of Europe over the last two years, growth capital has gone from strength to strength. Francinia Protti-Alvarez reports.
Belgian GP plans to back the company, according to a document by the Dutch competition authority
Fresh capital will be used to accelerate Funnel's operations in the US and invest in its technical teams
MACSF co-invested with the GP in a spin-off from Voalcom Group, an Apax Partners portfolio company
Transaction is said to value the company at £600-700m