Mid-market investor Lyceum Capital has acquired McKinnon & Clarke (M&C), one of the largest energy procurement and compliance specialists in Europe, for £22m.
EQT IX is expected to be 70-75% invested following the deal
Previous fund held a final close in 2012 with capital commitments of USD 840m
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI bought the asset from Phoenix less than three years ago