Bencis Capital Partners has sold Netherlands-based Da Vinci Group, the holding company of petrochemical business BRB International, to Malaysia-based Petronas Chemicals Group in a deal valued at €163m.
Social care and healthcare software platform is following a buy-and-build strategy
Company intends to further boost its growth both organically and via strategic acquisitions
Fund focuses on mid-market companies across western Europe, within a range of sectors
Sale ends a five-year holding period for Apax, which acquired a majority stake in Sandaya from Pragma Capital