3i’s three-year, tri-continental investment in Hilite International has come to an end, with the private equity firm selling its stake in the German automotive company to a subsidiary of Aviation Industry of China (AVIC).
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
GP invests €7.3m in the France-based point-of-sale merchandising equipment provider
Azimut appoints Jeffry Brown as CEO of AACP; Brown previously worked at Dyal Capital Partners