European multiples averaged 10.2x in the first quarter of 2017, in line with the 2016 average but down from the 10.6x level seen in Q4 2016, according to the latest unquote" and Clearwater Multiples Heatmap Analysis.
Investment was reportedly equally split between equity and debt
Pfaudler's listed subsidiary, GMM Pfaudler, acquires an 80% stake in the business
Lawyers were originally part of a team hired from Kirkland & Ellis's London office in April 2016
Space-tech startup has so far raised $152m since being founded in 2015