LDC portfolio company Music Zone, which with 104 stores and 1,100 staff is one of the UK's largest independent CD and DVD retailers, has entered administration highlighting problems faced by the retail sector. Bank of Ireland withdrew credit facilities soon after Christmas.
Asset is reportedly due to come to market in 2021, with the sale process most likely starting in H1
Redalpine has led a series-A funding round for Germany-headquartered pet healthcare startup Felmo.
GP intends to boost the company's growth and consolidate its market position in the Benelux and DACH regions
GP is deploying equity via WMS III and is investing with future managing director Holger Schmitz