Advent International has completed its third European investment in four weeks by leading the management buy-out of Poundland, a UK retail chain.

Earlier this month Advent International, a global private equity firm with almost €7bn ($6bn) under management, led a $34m (€36m) investment in GFI, which provides data to financial brokers. At the end of May it acquired Viatris, a German pharmaceuticals business, for €375m.