Idea Capital Funds, the private equity arm of Gruppo De Agostini, has held a third close for its food- and agribusiness-dedicated vehicle, Idea Taste of Italy, on €188.5m.
GP takes a minority stake in the IT service, while the management team remain on board
Existing investors E.Ventures and Heartcore also participate in the funding round
Transaction involves four remaining assets, including Genesys, eDreams and Asia Broadcast Satellite
Existing investors Velocity Capital, Industrifonden and Frumtak also participate