The management team of Kaupthing Singer and Friedlander Capital Markets has acquired the business from the administrators of the parent company, Kaupthing Singer and Friedlander Ltd, and re-branded it as Singer Capital Markets.
Consortium of investors supporting the funding round includes existing and new backers
Vehicle is larger than its predecessor, Xenon Private Equity VI, a €184m fund closed in July 2014
GP intends to boost the company's organic growth and further strengthen its market position
Acquisition of the family-owned company adds to the GP's industrial portfolio