Investcorp Technology Partners has transferred its two remaining portfolio companies in ITP Fund III, with a combined enterprise value of $185m, to a continuation vehicle, Investcorp Secondary Fund 2018, which is supported by HarbourVest.
GP intends to accelerate the company's organic growth and boost its international expansion
Founder sells a majority stake in the trucks and vehicles business to the management team and GPs
Enact II makes its third investment with the carbon-based products manufacturer
Sale ends a three-year holding period for Hat, which owned a 96.35% stake in the business