Ferd Private Equity Fund II (FPEF II) has acquired 90% of the shares in the marine display and panel computer producer Hatteland Display, from Jakob Hatteland Holding and CEO Knut Vidar Lauritsen. Lauritsen will retain an ownership of 10% in the company.
Navigation and travel app was bought by Parity.com subsidiary Daegu for around €16.65m in 2020
French VC first invested in the dating app in 2015 via its first Partech Entrepreneur fund
Hg and the company's management team reinvest in the transaction as minority shareholders
Montagu Private Equity acquires companies with enterprise values of €200m-1bn