Mangrove Capital Partners has, along with private investors, invested EUR 5m in Brands4friends. The company sells branded snowboards, running shoes, and jackets, at discounted prices through an invitation-only website.
GP plans to acquire a majority stake in the business, according to a competition authority filing
New GP specialising in healthcare has already deployed 65% of the fund's target
Decision made to halt an initial public offering as a result of volatile market conditions
Sweden-based technology investor has been listed on the Swedish stock exchange since 1997