A Nordic Capital investment vehicle is exiting its investment in Vizrt Group to a new Nordic Capital-led consortium, comprising a secondary acquisition vehicle and other Nordic Capital investment vehicles.
This transaction will allow Nordic Capital, alongside the Vizrt management team, to continue to support the business and its strategy over its next ownership cycle, providing capital to further fuel the strong growth momentum. Financial terms of the deal have not been disclosed.
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The secondary acquisition vehicle, which forms part of the new Nordic Capital-led acquiring consortium, was established with investment vehicles managed or advised by Goldman Sachs Asset Management’s Vintage Funds, Pantheon and Coller Capital as co-leads.
Vizrt is a specialist in production software for live video production, serving tier one sports and news producers through to corporate, education and Pro-AV markets.
Financial terms of the transaction were not disclosed.
Source: Private Equity Wire
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