Marsh has strengthened its private equity and M&A (PEMA) team with the appointment of David Pellegrino to the new role of business development leader for PEMA in Europe, the Middle East and Africa. Pellegrino has relocated to London from Marsh’s New York office, where he was a managing director of the North American practice for the past five years.
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