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.
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