Duke Street Capital and Englefield Capital have sold Equity Insurance Group to Insurance Australia Group, Australasia’s leading general insurance group, for a total consideration of £570m. The two investors delisted the insurance group, then known as Cox Insurance Holdings Plc, in a £430m deal in 2005.
Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
GP had previously made an offer of SEK 70 per share, which was later increased to SEK 72 per share
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy