Private equity firms Ergon Capital and BPI France have sold their stakes in France-based Looping Group, an operator of regional amusement parks, to the company's management team and Mubadala Capital.
CIC is also fundraising for CIC Mezzanine & Unitranche 5, which launched in September and held a first closing on €150m
Round is one of the largest venture capital deals in Germany this year
Berthoux and Desmottes join as operating partners, while Philips becomes a strategic partner
Vitrulan has acquired the business for its broader product range and to expand internationally