3i has strengthened its gas and power team with the appointment of Ian Russell, the former CEO of Scottish Power Plc, as an industrialist in residence. Russell brings a wealth of experience and knowledge of the energy and finance markets to 3i, having worked in the sector for more than 12 years. His broad remit will cover the identification, analysis and execution of deals in the sector, with the intention then being for him to chair several of these opportunities where appropriate.
Deal includes three manufacturing facilities located in Spain, which employ around 140 staff
GP acquired the care home group from Swiss Prime Site and will be the company's sole shareholder
Iris, Idinvest and historical backers invest in the manager of the eponymous social media app
GP uses its Mérieux Participations 3 fund, which held a first close on €200m in 2018