US-based venture capital firm Top Tier Capital Partners (TTCP) has closed its Europe-dedicated investment fund-of-funds on nearly €260m, exceeding its target of €250m.
Buyout reportedly values the pharmaceutical glass packaging producer at around €900m
Vehicle will co-invest in European tech scale-ups alongside the venture capital funds in which it is invested
Procuritas will become the majority shareholder, while the founders of the companies will have a significant minority ownership of the merged entity
ProFounders Capital scores 25x money on the listing; other investors include Partech