CIP Merchant Capital has acquired a 49% stake in Italian veterinary specialist 7Star via a €6.1m investment in the company.
Sale of the GP's minority stake in the tax consultancy comes five years after its initial investment
Argos Wityu, which owned a majority stake in the business since 2017, becomes a minority stakeholder
In addition, Agroponiente bolts on Lara Castañeda and increases its stake in Vegacañada
Development comes three years after the GP invested £8m in the construction equipment business