NVM Private Equity has wholly exited its stake in aerosol products manufacturer Barony Universal Products in a trade sale to Questbridge, the Russia-based owners of JSE Arnest, for an undisclosed sum. The sale generated a 6x return on the money invested and an IRR of 29%.
Glass Container companies are portfolio companies of Horizon Capital’s Western NIS Enterprise Fund
Seed investor Heartbeat Labs will retain a 10% stake in Fernarzt
Innovery is a portfolio company of Wisequity IV, which closed on €215m and is currently 92% deployed
Fund will be larger than its predecessor, which closed on €280m in July 2018