Alpha Private Equity-backed Gruppo Savio Macchine Tessili has issued an €85m note to Tikehau Capital and HIG WhiteHorse, the credit affiliate of HIG Capital.
Investindustrial sells its remaining stake of 4.12% in the company, fully exiting the investment
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment