Around 95% of the CEOs in venture-backed companies across Europe are men, according to a study carried out by Library House. However, the data shows that companies run by women appear to perform ahead of their male peers. Out of 600 venture-backed companies across Europe with disclosed revenues and investment histories, those run by female CEOs delivered higher revenues using less capital.
Shares have been sold to institutional investors for €15.8 a share
Add-on is the first since LDC and Ares provided financing of £100m to the telecoms company in 2019
Acquisition of the fire safety systems provider is the first from the GP's €1.1bn eighth fund
Fresh capital will go towards increasing delivery speed and geographic footprint