A consortium of investors made up of Ramius Group, GermanCapital Morgan Stanley and Milan-based Sopaf, is to acquire renergys GmbH from venture fund GermanIncubator and a group of private investors. As part of the transaction the investors will provide additional funds for the expansion of the German wind farm specialist.
Vehicle is expected to hold a final close in March 2020, Unquote understands
Merger of German and Dutch peers will result in a client base of 3,500 companies
Fund's predecessor, BlackFin Financial Services Fund II, closed on €400m in 2016
GP will support the Munich-based software company's growth by broadening its product offering