Swedish GP Adelis Equity Partners has sold its majority stake in Danish IT service IT Relation to private equity firm Hg.
Final offer price stands at €5 per share, setting a market cap of around €69.5m for the HR company
Sale ends a 12-year holding period for JC Flowers, which was one of the founding investors
Developer of breast cancer screening systems will bring its Maria product to market
Axcel plans to expand the company, which offers web domains, shared web hosting and IT services