Scottish engineering group Clyde Blowers has acquired the fluid and power division of US-based Fortune 500 industrial group Textron, in a $1bn deal that included equity from the company's private equity fund, Clyde Blowers Capital Fund II LP.
De Scorbiac was responsible for the Accenture Venture fund's activities in Europe
GP sells the Dutch employment agency to its CEO, ending its three-years ownership
Financing for the acquisition was provided by Santander Corporate and Commercial Banking
Sussex Place Ventures, Contour Ventures, Partnership Fund and Outrun Ventures also take part