Aberdeen Asset Management has backed the management buyout of its own private equity business for an undisclosed sum, retaining a significant minority stake believed to be in the region of 25%.
Fund has raised €1bn of its €1.1bn target and plans to hold a final close in Q1 2020
Horizon expects to merge the two IT services providers to create a business with 300 developers
EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018
Firm is investing from Paine Schwartz Food Chain Fund IV, which closed on $893m in 2014