Axcel has sold its remaining shares in Danish jeweller Pandora, making a full exit from the company it floated four years ago and reaping returns reported to stand at 40x money.
GP is deploying capital from its second fund, which closed in 2017 on €600m
Fund invests in series-B, -C and -D rounds to support B2B and B2C startups based across Asia, Europe and the US
UK-based GP exits the business six years after acquiring it from Procuritas
Deal is the third bolt-on for the IT service in its cybersecurity buy-and-build strategy