German private equity firm Serafin has completed the carve-out of the European polycarbonate sheets business of diversified industrials group Covestro.
Fund has raised €1bn of its €1.1bn target and plans to hold a final close in Q1 2020
Horizon expects to merge the two IT services providers to create a business with 300 developers
EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018
Firm is investing from Paine Schwartz Food Chain Fund IV, which closed on $893m in 2014