Verdane Capital has reaped a 4x multiple on the sale of its entire stake in Norwegian shipping company TeamTec Invest to local steel manufacturer Industri & Montasjeservice AS (IMS).
Deal comes a year after Nordic Capital acquired Signicat from Viking Ventures
Fund is larger than its predecessor, Impresa Italia Private Debt I, which raised €70m in 2016
Data software company was valued at $1bn post money in its 2019 round and is now valued at $2.3bn
FVS invests for minority stakes in Italian companies operating in a wide range of sectors