Katalyst Ventures, the private investor group, has made a significant investment into Phasor Solutions Ltd, a developer of flat panel antenna systems, enabling the company to raise £1m for its initial funding round.
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