After a holding period of eight years, 3i has divested the 33% stake it had in Ikusi, a company active in the design, introduction and management of electronic systems. The exit value is EUR 33m and the buyer is the private equity arm of Corporación Caja Navarra.
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