Seco, an Italy-based computer components producer backed by Fondo Italiano d'Investimento (FII), will list on the Italian Stock Exchange in Q2 2021.
Sabina Wizander returns to Creandum as partner after spending four years at portfolio company Kry
Media report values the business at $1.16bn, with the two GPs buying their stake for $600m
Listing of the open-source enterprise software business is expected on 19 May 2021
Hydraulic cylinder producer is the third deal of 2021 from the GP's Enact strategy