Automotive plastic parts manufacturer Novares Group, a portfolio company of Equistone that is also backed by BPI France, is in pre-receivership proceedings following significant liquidity issues brought about by the coronavirus crisis.
Tom Alzin and Jannick Hunnecke will join, while Rolf Scheffels is to leave when his term ends
Fund focuses on investment opportunities in the lower-mid-market across North America and Europe
Frank Bretag joins from Georgieff Capital Advisors and focuses on the industrial goods sector
Enterprise Investors acquired a minority stake in the oncology company in 2013