AXA Private Equity has acquired German manufacturer of hand-held power tools from New York based investment advisor GSO Capital Partners. The management team led by Jörg Kempfing and Dr Josef Kring also invested and will holds a minority stake in the company.
Exit from Main Fund V comes three years after the GP acquired the Germany-based procurement technology company
Unquote’s selection of the latest add-ons, with ICG's Circet, Five Arrows' Mintec, Carlyle's Jagex, and more
Lucie Cawood's appointment follows poaching of Ian Shawyer by Cleary Gottlieb earlier this month
New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons