Quadriga Capital has acquired the Essmann Group for EUR 110m from Taros Capital. Quadriga Capital will take a majority stake in the company, with management that also invested holding the balance. Taros Capital had acquired Essmann in 2000.
GP has reportedly acquired a stake of around 75% for almost SEK 100m (€9.8m)
GP invests in the company via its Industry 4.0 fund, which was launched with a €300m target in 2018
GP intends to create a platform for new acquisitions across the professional education sector in Spain
Ian Connatty, head of funds at British Patient Capital, updates Denise Ko Genovese on the investments made by the LP in 2020