Ratos’s portfolio company Contex Group has signed an agreement to sell Danish Contex AS to the private equity fund Procuritas Capital Investor V LP for a total of $41.5m.
Contex Group will be dismantled in conjunction with the deal and a dividend of approximately SEK 175m will subsequently be paid to Ratos. The final returns generated by the exit depend on Contex's overall...
Double closings are first vehicles raised by fund-of-funds since 2013
Paladin also participated in the round to support the company’s US expansion
Exit is first for GP’s second fund and comes eight years after investing in PDP
Deal sees firm reap combined €96.3m in proceeds and 1.3x exit multiple