Consortium exit TPACK in trade sale
VУІkstfonden, Slottsbacken Venture Capital and Novi A/S have sold their stakes in Danish telecommunication equipment provider TPACK for $32m to AppliedMicro.
The trade sale also includes an earnout of up to $5m. Vækstfonden originally invested in the company in 2002 directly and through the InnFond P/S fund managed by Inventure Capital.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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