Asetek, a provider of thermal management solutions for semiconductors, has secured a $4m investment following the $5m round closed last year. Northzone Ventures, Vaekstfonden, KT Venture Group, and a group of private investor participated in the round. Asetek has achieved the required milestones to get the second tranche of the investment it received last year.
Transaction also financed with a €10m senior debt from LCL, BNP Paribas, Bred Banque Populaire and CIC
GP acquires a 49% stake in the company for €1.06bn, while the reminder is retained by current owner Atlantia
LDC invested £20m in Mitrefinch in 2016 for a minority stake and has supported the company in doubling revenues
Omega managing director Claudio Nessi and principal Francesco Draetta will join the company's board