NVM Private Equity has wholly exited its investment in Abermed, the occupational health and remote medical services company, via a trade sale to International SOS, for an undisclosed amount, generating a return of 2x money and an IRR of 21%.
While 2019-2020 saw DBAG's NAV fall by 5.8%, the GP expects to increase PE investments in the coming years
Startup was founded last year and has reportedly raised $8.2m so far
Kinnevik joins new investors Piton Capital, BurdaPrincipal Investments and VNV Global
France-based telemedicine startup intends to use the fresh capital to expand its domestic presence