Spanish private equity firm PHI Industrial has wholly acquired Italian distressed business Brevi – a manufacturer of pushcharis and child safety seats – from the company's founders, the Brevi family.
TCA forms part of the shareholding of France-headquartered asset manager Tikehau Capital
MD Start, which is a group of three funds, was started by Sofinnova Partners in 2010
Sale ends a four-year holding period for the GP, which bought the company via its BCPE Fund II
Fund has a growth equity strategy, and enables the firm to make minority investments of $50-150m