Ventizz Capital Fund II LP, advised by Ventizz Capital Partners, has acquired a minority stake in CardFactory AG. The stake was acquired from a consortium of business angels led by Dr Cornelius Boersch and Friedrich von Diest.
Investindustrial sells its remaining stake of 4.12% in the company, fully exiting the investment
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment