KKR, Blackstone, Permira, Apax and Providence Equity Partners, the private equity owners of Danish telecoms group TDC, are reportedly meeting with banks this week to choose an adviser as they look to sell part of their stake in the business, which is valued at more than $7bn.
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019