Advent International has divested its 66% stake in stationary company Herlitz through a sale of the business to strategic buyer Pelikan International Corporation Berhad for EUR 45m.
Existing investors including Softbank and Lakestar reinvest in the tourism booking platform
Andera has reinvested and Prenax has acquired LM Information's subscription management business
Sale ends a six-year holding period for KCP, which backed the company with a £3.3m investment
Danish internet company could reportedly be listed at a valuation of $1bn