EQT II has signed an agreement with FoodVest, a holding company controlled by private equity firm CapVest Equity Partners, to sell Findus AB. EQT acquired Findus from Nestlé SA in January 2000 and since then has substantially restructured and reshaped the business and developed its leading positions within select categories of the branded frozen food market.
PayPoint will use the proceeds to focus on core UK markets
Round for the biotechnology company extends the CHF 2.5m August 2019 round led by Redalpine
UnternehmerTUM Fonds III has a target of €150m and will focus on series-A and early-stage rounds
Deal is HTGF's 11th exit during the coronavirus pandemic, and comes seven years after the VC first invested in the company