Gresham Private Equity has exited Whitworths through the sale of the business to European Capital in a deal worth £86m. The exit has generated a return of over 6x for Gresham, which acquired the company in a £15m management buyout in 2001.
Company has raised €20m so far over two funding rounds
HV Holtzbrinck and Lakestar also participate in the round for the dental technology startup
IK VIII held a final close in November 2016 with €1.85bn and was 87% deployed as of December 2019
With the GP's support, Bomi intends to pursue an intensive buy-and-build strategy