London-headquartered firm 3i has posted total returns of £659m (19.9%) for the 2015 financial year, with the GP’s portfolio value growing despite exits having outpaced investment.
Shares have been sold to institutional investors for €15.8 a share
Add-on is the first since LDC and Ares provided financing of £100m to the telecoms company in 2019
Acquisition of the fire safety systems provider is the first from the GP's €1.1bn eighth fund
Fresh capital will go towards increasing delivery speed and geographic footprint