US private equity firm Warburg Pincus has agreed to acquire an additional 10% stake in its portfolio company, Switzerland-based financial technology firm Avaloq, from Raffeisen Bank.
Bid Equity began its social care and healthcare software buy-and-build strategy in 2017
Marfin has received a binding offer from CVC and granted the GP an exclusivity period until 6 November
Firms invested in the business in 2015 alongside management, acquiring it from Initiative & Finance
Healthtech company has raised $34.2m since being founded six years ago