Several private equity houses and two banks have submitted bids for troubled lender IKB. According to press reports in Germany, bids were submitted by German banks WestLB and BayernLB, US private equity firms Ripplewood, JC Flowers and Lone Star as well as Swedish firm SEB.
De Scorbiac was responsible for the Accenture Venture fund's activities in Europe
GP sells the Dutch employment agency to its CEO, ending its three-years ownership
Financing for the acquisition was provided by Santander Corporate and Commercial Banking
Sussex Place Ventures, Contour Ventures, Partnership Fund and Outrun Ventures also take part