The European Bank for Reconstruction and Development (EBRD) is to invest up to USD 94m in Kazakh private equity fund The Kazakhstan Growth Fund for a maximum holding of 50% minus one share.
Unquote understands the combined entry multiple of both Skysis and Fishawack was 12.8x
Sabadell Venture Capital, the venture capital arm of Banco Sabadell, also take part in the round
Pi Campus, Al.Pe Invest and several business angels also take part in the investment
Investment will finance Doktor 24's acquisition of two other healthcare businesses in Hungary