Private equity firm Clayton Dubilier & Rice (CD&R) has signed an agreement to acquire a 33% stake in France-based Socotec, an industrial equipment inspection service, according to local publication Capital Finance.
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