ABN Amro has reportedly decided to discontinue its private equity activity in Spain. It is widely speculated that the bank - currently undergoing an acquisition process by Santander, RBS and Fortis - will close shop, as soon as it finds a buyer for its two remaining portfolio companies.
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
GP invests €7.3m in the France-based point-of-sale merchandising equipment provider
Azimut appoints Jeffry Brown as CEO of AACP; Brown previously worked at Dyal Capital Partners