pre-IPO becomes equitrust AG as Nordcapital takes 22% stake

Hamburg-based pre-IPO has been renamed equitrust AG. The firm also received a capital increase in the form of the assets from Nordcapital Private Equity GmbH & Cie KG and Nordcapital Equity Garant GmbH & Cie KG, the private equity businesses of Nordcapital Group. In exchange Nordcapital Group’s holding company ER Holding KG, already a shareholder in pre-IPO, received a 22% stake in equitrust AG; as a result Nordcapital Group now holds 78% of equitrust via its parent company.

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