Nordic private equity firm Axcel has acquired three companies – Ventab, Ventilationsprojekt and Installationsbolaget – and merged them to create Currentum, which will specialise in heating, ventilation, health and safety, sprinkler systems and building automation.
Managing director Craig Ferguson discusses accelerated deployment activity during the pandemic and plans to scale up the PE allocation by 2025
Fund has a target of $600m, which it plans to reach by next year, according to Kommersant
Existing investors including Institut Català de Finances also take part in the financing
Biotech company initially raised €12m in December 2018