Nordic private equity firm Reiten & Co has sold Norwegian IT company Basefarm to US-based ABRY Partners.
Reiten invested in Basefarm via its Reiten & Co Capital Partners VII fund in 2009, acquiring a 72% stake in a deal valuing the business at NOK 255m. The acquisition did not include a debt component. ...
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
Both GPs are understood to have secured a joint controlling stake in the dubbing specialist