Minerva Capital, the Spanish private equity funds advisor, has acquired 80% of Indiba, a developer of electro-medical equipment with an enterprise value of EUR 20m. The management team has also taken a 10% shareholding with an option to buy the remaining 10% in the future. Indiba was sold through a limited auction organised by a local intermediary.
Existing investors including Softbank and Lakestar reinvest in the tourism booking platform
Andera has reinvested and Prenax has acquired LM Information's subscription management business
Sale ends a six-year holding period for KCP, which backed the company with a £3.3m investment
Danish internet company could reportedly be listed at a valuation of $1bn