GERMANY - Palomon sells D.A.V.I.D. GmbH
Palomon Capital Partners has sold its stake in German software solutions provider D.A.V.I.D. GmbH to Silex Media GmbH for an undisclosed amount.
Palomon invested in the company in 2001 and supported a growth programme, which has seen the company significantly broaden its product and market reach in the US broadcasting market. Munich-headquartered D.A.V.I.D. GmbH is a provider of software solutions to the television and radio industries with clients in both Europe and the US.
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