The average multiple paid by private equity firms for European companies increased slightly in Q2, driven by a flight to quality and the scarcity of opportunities, according to Clearwater's latest Multiples Heatmap.
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