Altor- and Goldman Sachs-backed company Navico has sold its subsidiary C-Map Commercial to UK-based Lloyd's Register, a provider of classification, compliance and consultancy services to the marine and offshore industries.
Auction of the Danish distributor of fast-moving consumer goods is expected to launch later this spring
Exit also sees 164% IRR and has returned 100% of the committed capital in MML Fund VI
Accell is the owner of brands including Raleigh, Sparta and Haibike
Frankfurt flotation of TeamViewer in 2019 delivered a bonanza for backer Permira