Industri Kapital has announced that the sale of Consolis, European market leader in prefabricated concrete, to LBO France. The transaction allows Industri Kapital and its co-investors to generate a money multiple just shy of three times and a triple digit IRR. The secondary buyout remains subject to regulatory approval.
Charcoal and natural additives company saw final bids from two banks and one direct lender
VCs including the Swiss Entrepreneurs Fund, BtoV and Ringier Digital Ventures also participated
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses