BayBG Bayerische Beteiligungsgesellschaft mbH has announced it has invested an undisclosed amount in automotive supplier Manfred Jacob Kunsstofftechnik GmbH. The investment is structured as a ‘stille Beteiligung’ and will support the company’s expansion plans.
First MBO in Italy for the GP, which will now start investing from its recently raised Fund VIII
Add-on comes after Mergermarket reported that the sale of Bergman had been suspended in March 2020
Trade buyer Xact was acquired by JLL Partners from Clearview Capital in 2018 in an MBO
Existing investors Novo Holdings, Morningside Ventures and Brace Pharma Capital also participate