Paine & Partners have completed the acquisition of gas springs manufacturer Stabilus GmbH from Montagu Private Equity. The value of the deal was not disclosed but reports indicate that it is worth more than €500m.
Deal comes a year after Nordic Capital acquired Signicat from Viking Ventures
Fund is larger than its predecessor, Impresa Italia Private Debt I, which raised €70m in 2016
Data software company was valued at $1bn post money in its 2019 round and is now valued at $2.3bn
FVS invests for minority stakes in Italian companies operating in a wide range of sectors