AFINUM Management GmbH, through its fund AFINUM Fünfte Beteiligungsgesellschaft mbH & Co KG, has acquired the Tenbrink group, supplier of renovation services for hotels and retail shops.
This is the first divestment made by Nazca IV, a €275m vehicle raised by the GP in 2016
With the latest acquisition, IT Relation will add cybersecurity as its fourth business area, alongside cloud services, business consultancy and professional services
Industrial energy efficiency equipment producer sold its Poland-based operations in April 2020
Horizon bought a majority stake in Timico in 2016 via a deal valuing the company at more than £50m