LDC porfolio recruitment company Ellis Fairbank has acquired a London-based executive search and selection firm in a move which will increase its annual net revenue by £3m and provide a strong foothold in new sectors. The deal, which was part-funded by LDC, sees the recruitment consultancy acquire Central London-based EM Group for an undisclosed sum. EM Group specialises in the placement of senior level professionals and has particular expertise in the finance and financial services markets.
Second vehicle will be larger than its predecessor, which closed on €843m in March 2010
Dieter von Holtzbrinck Ventures (DvH Ventures) has announced the launch of its first Digital Health fund, which has held a first close on €60m.
Sale ends a three-year holding period for Astorg, which acquired a 75% stake in the company from Xenon PE
Acquisition of Germany-based x-ray equipment and software was backed by senior debt from ApoBank