PPM Capital has appointed a new chairman to portfolio company Paramount Restaurants. John Conlan, the founder of First Leisure Plc and Chorion Plc, and more recently chairman of Barrucuda Plc, the managed pubs and bars business formerly backed by PPM Capital, joins the company as non-executive chairman.
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