Verdane buys minority stakes in two bp technology businesses
What's the deal? VerdaneDealroom has a profile for this one. Try Dealroom → has acquired minority stakes in two technology businesses owned by bpDealroom has a profile for this one. Try Dealroom →, according to PE Hub. The investment gives the growth equity firm minority positions in the assets, with bp retaining majority control.
Who's involved? Verdane is a European private equity firm focused on growth and technology investments. bp is the UK energy major, which has been expanding its digital and technology operations.
The signal: The deal reflects a broader trend of large corporates bringing in outside investors to fund and scale their technology units, while retaining strategic control.
Read more: PE Hub