Cinven, Texas Pacific Group, Spectrum Equity Investors and Goldman Sachs have sold their entire stake in Eutelsat Communications, the world's third largest satellite services provider listed on Euronext Paris' compartment A, in two simultaneous sales.
VCs invested in the nanobodies developer in 2010; ChromoTek has been sold to a US-based market peer
Previously a portfolio company of Hg 6, Iris is now owned by Hg Saturn Fund, which closed on £1.5bn
Claire Heuberger will join the joint venture and partnering group, and will be based in Brussels
TA is currently investing from TA XIII, which closed on $8.5bn in May 2019