HIG Capital is set to acquire a 75% stake in Dutch childcare centre operator Estro Group, to rescue the company from falling into bankruptcy.
Online optician has previously received VC funding from investors including Grazia Equity and Goldman Sachs
Platform will enable smaller investors to put their secondaries stakes up for sale
Insurtech company raised €2m in 2017 from Picus Capital and IBB but filed for insolvency in 2020
GYG had a market capitalisation of £35.7m at the time of publication