The Spanish opthalmologist will use the cash to pursue its expansion plans.
Chairman Ueli Roost hopes that his resignation will deliver a knock-out blow to InCentive Capital’s hostile takeover bid.
New investor Lehman Brothers Communications Fund joins existing investors in this second round of financing.
The two companies see this as a good time to explore investment opportunities in Latin America.
Two new recruits bring corporate finance and technology experience to Advent.
The company’s performance has changed dramatically since it became an investment vehicle last year.
The private equity firm has led a second round of financing and backed a management buyout.
This fourth round brings the total raised by the company to E389m.
Reports suggest that the private equity firm is a frontrunnuer for the acquisition of stockbroker Williams De Broe.
Cinven and Investcorp, which jointly bought Avecia last year, are one of two parties left in the auction for the German precious metals group. The competition are two US trade buyers, also bidding as a team.