3i has reached the final stages of an auction to acquire estate agency chain Foxtons from its founder Jon Hunt. Foxtons is thought to fetch in excess of £400m via a process run by Credit Suisse. BC Partners is also in the running to acquire the asset. The deal is expected to complete in the next ten days.
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019