The number of failed auctions for businesses has risen sharply over the last two years due in part to the pressure to meet high valuations, according to recent research by Investec Corporate and Investment Banking.
Fund has made four platform investments and backs European digital and technology-based companies
Toni Gillespie joins as chief of talent, while Elisabetta Ricci joins as chief of staff
GP backed the business – then called Ryds Bilglas – via Nordic Capital VIII in 2018
Auction of the Italian producer of natural flavours and ingredients is expected to launch in early 2022