Hellman & Friedman (H&F) has sold Germany-based online consumer finance marketplace to market peer Smava, which is backed by VCs including Earlybird Venture Capital.
Vehicle will continue to make early-stage investments in European digital technology startups
Dutch minority investment specialist has surpassed its EUR 200m target at its first close
Growth fund has a EUR 150m target and expects to announce its first investment shortly
Hellman & Friedman increased its take-private offer to EUR 3.29bn earlier this week