LDC has exited UK procurement business Inprova Group via the £19.5m sale of the energy division to AIM-listed Inspired Energy and the management buy-back of the non-energy procurement division.
GP takes a minority stake in the IT service, while the management team remain on board
Existing investors E.Ventures and Heartcore also participate in the funding round
Transaction involves four remaining assets, including Genesys, eDreams and Asia Broadcast Satellite
Existing investors Velocity Capital, Industrifonden and Frumtak also participate