France-based GP Andera Partners has held a €450m final close for the fourth generation of its Winch Capital funds, according to press reports.
Transaction sees Aquasourca, Garibaldi Participations, Esfin Gestion and BPI France exit
GPs invest in tour operator Groupe Asia alongside the CEO and the Chantraine family
Deal ends a four-year holding period for AnaCap, which bought AssurOne from Seventure and BPI France
Andera wholly owns the engineering consultancy, having acquired stakes in 2015 and early 2018