Finnish GP CapMan has sold its 37.5% stake in Swereco, a Swedish maker of medical support devices for people with disabilities, to listed pharma company Karo Bio.
Deal is the first for the aerospace-focused Ace Aero Partenaires fund, which reached a €630m first close
Company intends to use the fresh capital to further boost its growth and expansion across the Spanish market
GP closed its debut fund in 2017 on €350m; the latest vehicle will continue its investment strategy
Startup has raised €15m in funding since being founded in 2017