European investment firm Gimv has acquired a 40% stake in Amsterdam-based pushchair brand Joolz, alongside founder Emile Kuenen and managing director Stan Vermeulen.
Early-stage investor Italian Angels for Growth and Swiss holding company Brahma also take part in the round
Company in 2019 generated revenues of DKK 115m, the equivalent of €15.4m
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Indaco Venture and CDP Venture Capital also take part in the round, alongside previous backer Genextra