Apollo's £1bn offer for Countrywide is expected to encounter difficulty next month when it faces a shareholder vote at an extraordinary meeting on the news that hedge fund Polygon Investment Partners has increased its stake in the UK estate agency chain to 22.7%.
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