Baird Capital has invested £10.1m in Watkins Hire, a provider of heating and cooling equipment rental services, in exchange for a controlling stake.
Auction of the Danish distributor of fast-moving consumer goods is expected to launch later this spring
Exit also sees 164% IRR and has returned 100% of the committed capital in MML Fund VI
Accell is the owner of brands including Raleigh, Sparta and Haibike
Frankfurt flotation of TeamViewer in 2019 delivered a bonanza for backer Permira