Naxicap partners and Ardian have entered into exclusive negotiations to acquire France-based Emera group, a provider of residential care-home services, investing alongside founder Claude Cheton.
Software systems developer is the GP's first investment from its £561m CBPE X vehicle
Following the deal, Montefiore retains a minority stake and a seat on the company's board
Following the €20m first close, the Berlin-based VC aims to launch a larger cleantech-focused fund
GP is investing from its £120m SME Fund, which held a final close in July 2018