Ratos’s portfolio company Contex Group has signed an agreement to sell Danish Contex AS to the private equity fund Procuritas Capital Investor V LP for a total of $41.5m.
Deal ends a five-year stint under Foresight ownership, which first invested in 2013
Trevi appointed a chief restructuring officer in 2017 to negotiate a debt restructuring plan
AI business will look to expand beyond marketing and into robotics, healthcare and education
Company's founders and CEO Klaus Schmidt have retained a significant minority stake