US-based investment management firm Elliott Management has used its Elliott Capital vehicle to acquire a 12.79% stake worth around €140m in Madrid-listed amusement parks operator Parques Reunidos, which is controlled by Swedish private equity firm EQT.
Company has so far added on three companies and used its cashflow to acquire them
Responsible & Sustainable Corporate Turnaround Fund intends to support the recovery of Italian companies
Sale ends a three-year holding period for the GP, which invested in the company via its seventh fund
Ireland-based enterprise procurement software company is also backed by Paua Ventures