Kennet Partners has led a EUR 14.9m financing round for online retailer BuyVIP, alongside existing investors Bertelsmann Digital Media Investments (BDMI), 3i Group and Active Capital Partners.
Sale ends a three-year holding period for the GP, which invested in the company via its second fund
More than half of the private equity partners and directors surveyed also expect bonuses to reduce
Germany-based optician chain is the first investment from BCP II, which is set to close in H2 2020
Investors Wellcome Trust, Novator Partners, Stefnir and General Catalyst participate in the round