Stockholm, April 19, 2018
PRESS RELEASE - NAXS AB (publ)
Not for release, publication or distribution, directly or indirectly, in or into the United States, Hong Kong, Canada, Japan or Australia, or any other jurisdiction in which the distribution or release would be unlawful.
NAXS has made a EUR 4 million investment in Nordic Capital CV1
NAXS AB (publ) has made a EUR 4 million investment in Nordic Capital CV1, a continuation vehicle established by Nordic Capital, where its Fund VII has transferred its remaining nine unlisted portfolio companies, with a combined enterprise value of EUR 4.4 billion. Nordic Capital Fund VII’s original term expired in December 2017 and by concluding this transaction, Nordic Capital will have the opportunity to maximize the value creation potential of these nine companies, providing them with active support and fresh capital over an additional five-year investment period under continued Nordic Capital management.
In connection with the transaction, NAXS has also opted to roll-over its current interests in the nine remaining unlisted portfolio companies in Nordic Capital Fund VII to Nordic Capital CV1.
NAXS’s initial commitment to Nordic Capital Fund VII was EUR 20 million.
Contact information:
Lennart Svantesson, CEO
Telephone: +46 73 311 00 11
This information is information that NAXS AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 11.30 CET on April 19, 2018.
This press release and further information is available on the Company’s website: www.naxs.se
NAXS AB (publ)
Corp. Reg. No. 556712-2972
Grev Turegatan 10
114 46 Stockholm, Sweden
Tel: +46 8 611 33 25, E-mail: info@naxs.se
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