A consortium of new and existing investors have bought a minority stake in France-based Socomore, a producer of surface treatment products used in the aerospace industry, while CEO Frédéric Lescure has retained a controlling stake.
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Soprome and BTC Capital also back the takeover of the security services company
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