Nordic Capital has sold its majority stake in electronic trading service Neonet to Hay Tor Capital, KAS Bank and Neonet management.
The exit will generate returns for Nordic Capital Fund VII, though financial details have not been disclosed. Nordic Capital will retain a minority stake in the company, while KAS Bank will hold a 20%...
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Palero Capital has sold Heidrive to US drive technology company Allied Motion
Exit comes almost eight years after both GPs bought a joint 40% stake in the business
Fundraising partner Johansen leaves one week after CEO Tim Jones unexpectedly stepped down from his role