Turenne Capital has invested in France-based M-Energies, a specialist in installation and servicing of heating and cooling devices, alongside management.
Investment was reportedly equally split between equity and debt
Pfaudler's listed subsidiary, GMM Pfaudler, acquires an 80% stake in the business
Lawyers were originally part of a team hired from Kirkland & Ellis's London office in April 2016
Space-tech startup has so far raised $152m since being founded in 2015