Bank of Scotland Corporate has taken a strategic 19.9% stake in Pi Capital through its Growth Equity team. No shares were sold by existing Pi shareholders. Following Bank of Scotland's investment, Pi Capital will gain access to the Bank's pipeline of Growth Equity deals. For its part, Bank of Scotland will gain access to Pi’s high-powered network of top UK entrepreneurs, business leaders and financiers, which has extensive experience of multiple business sectors. Pi Capital will have the opportunity to participate in select Bank of Scotland investments, though it will be under no obligation to do so. It retains the freedom to source deals from its membership and its own origination activities.
Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
GP had previously made an offer of SEK 70 per share, which was later increased to SEK 72 per share
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy