Argos Soditic has sold its portfolio company Maillefer in a secondary buyout to Alpha Group, realising a 14x return on the exit. The company was acquired in 2001 in a management buyout and spun off from Nokia subsidiary Nextrom. Maillefer is a producer of cable machinery for energy, telecoms and specialty plastic pipe, and reported a turnover of CHF 270m in 2007.
Manufacturer of spare parts for vending and catering mahines expected to post revenues of USD 1.2bn in 2021
GP raised EUR 3.1bn for its PE strategies and plans “a major fundraising programme” in 2022 and 2023
New joiners to strengthen London team and Peter Woods is promoted to managing director
New fund will invest tickets of EUR 3m-10m in companies with more than EUR 1m in cashflow