Italian speciality chemicals business Italmatch Chemicals, a portfolio company of private equity firm Bain Capital, has acquired US-based Water Science Technologies, a provider of chemical compounds for the water treatment industry.
Managing director Craig Ferguson discusses accelerated deployment activity during the pandemic and plans to scale up the PE allocation by 2025
Fund has a target of $600m, which it plans to reach by next year, according to Kommersant
Existing investors including Institut Català de Finances also take part in the financing
Biotech company initially raised €12m in December 2018