Graphite Capital has realised its investment in PIFC Group, an employee benefits consultancy. The business has been acquired by Thinc Group Holdings Ltd, part of the AXA Group for an undisclosed sum. At the time of the sale, PIFC had reduced its pre-tax losses from £2.3m in 2005/6 to £1.1m in 2006/7 after Graphite undertook a capital restructuring of the company.
Stake being sold amounts to around 1.3% of Getir's total share capital
CVC is to acquire a minority shareholding in the new venture for EUR 2.7bn
LDC backed the management buyout of Pelsis from US-based GP Wind Point Partners in 2017
Bain-led consortium that includes local player Sener is poised to take over ITP with a EUR 1.6bn bid