Machinery rental business Euroloc, controlled by Advent International, has carried out a restructuring of its debt. The package, believed to total EUR 240m, was provided by Banesto and Royal Bank of Scotland. It was mentioned that the restructuring will bring a "more flexible and efficient" financial situation to support its business plan.
Existing investors including Softbank and Lakestar reinvest in the tourism booking platform
Andera has reinvested and Prenax has acquired LM Information's subscription management business
Sale ends a six-year holding period for KCP, which backed the company with a £3.3m investment
Danish internet company could reportedly be listed at a valuation of $1bn