Mediterra Capital has sold Turkish navigation technologies firm Mobiliz to GPS Bulgaria, a provider of GPS/GSM-based solutions for fleet management.
Transaction is made via a club deal which saw participation of several private investors alongside Cherry Bay
Wellingtons manufacturer mandated AlixPartners to sell a stake in the business in March 2020
Spencer House provided corporate finance advice on the acquisition of the fund adminstrator
GP invests via Suma Capital Growth Fund II, which held a first close on €65m in December 2019