Like many of its banking competitors, HSBC is currently reviewing its position on private equity. Although its European private equity arm spun-off as Montagu Private Equity a number of years ago, HSBC retains a number of Asia-focused funds. Earlier this year, HSBC Private Equity, a mid-market fund backed the £17m management buyout of Amtech Power Software signalling HSBC's return to the lower-end of the market.
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