Private equity firm DGPA Capital wholly acquired Mida from a group of local entrepreneurs and private investors for EUR 7.4m. Out of that amount, one third is equity and a debt package provided by Centrobanca represents two thirds of the total deal value.
Navigation and travel app was bought by Parity.com subsidiary Daegu for around €16.65m in 2020
French VC first invested in the dating app in 2015 via its first Partech Entrepreneur fund
Hg and the company's management team reinvest in the transaction as minority shareholders
Montagu Private Equity acquires companies with enterprise values of €200m-1bn