High-Tech Gründerfonds has invested an undisclosed sum into SCHAD GmbH, a provider of mobile systems for observing and operating machine and plant controls, in a first round of institutional financing.
Shares are sold by shares were held by CapMan Buyout X Fund A and CapMan Buyout X Fund B
Advent made a takeover offer of 165 pence per share in cash, which represents a 34% premium in July
Business strategy platform will expand its product and triple its team size
Fund targets companies operating in the healthcare industry, primarily pharma, medtech and outsourced services