European sponsor 21 Invest has agreed to acquire a majority stake in Trime from Wise Equity following a competitive process for the Italian lighting tower manufacturer.
B2B growth technology investor held a first close for the fund in 2020, raising more than EUR 100m
Family office ATHOS is co-investing in the deal, which sees the Swiss drug autoinjector group exit EQT VIII
Houlihan Lokey will advise on auction for the Italian Italian bicycle manufacturer
Head of private equity Christophe de Dardel takes up the role after 22 years with the Swiss asset manager