Following a number of transactions this year, including the buyout of Pharmazell and the sale of Time Partner to Investcorp, Auctus Management has made a further acquisition. Alongside Schmack Biogas AG, the investment house has acquired a 70% stake in Stelzenberger GmbH in an owners’ buyout. Acquisition finance for the transaction was arranged by HypoVereinsbank.
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Fund's predecessor, Isomer Capital Fund, closed on €150m in February 2016
Funding will be used to hire more staff, support product development and meet customer demand
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital