Apax Partners has led a GBP 175m investment in UK-based clearing and embedded banking platform ClearBank; the deal sees the GP deploying equity via its Apax Digital strategy.
Majority investment from THL Partners sees Verdane retain a minority stake in the Swedish company
GP to acquire majority stake via Fund VIII; German group’s founders to reinvest in the deal
German GP’s new vehicle will be slightly larger than its predecessor, which is set to complete deployment in two years
Italian GP has received EUR 230m in commitments to date for Fund V against a EUR 250m hard-cap