Eric Menanteau and his management team are taking a 57% stake in medical equipment provider, Medil. Avenir Entreprises Gestion has backed this management buy-in, taking 33% of the company's equity.
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment
Deal is an exit for minority shareholder Antea, which invested in the company in 2015
Deal is GP's sixth investment from its £100m Impact Fund, which targets profitable businesses making a positive impact