Announced

Segulah Advisors sold its stake in Zengun to the firm's founders.

Synopsis

Private equity firm Segulah Advisors sold its stake in Zengun, a leading construction company in Stockholm providing construction contracting services to owners and developers of commercial and residential property, to the firm's founders. Financial terms were not disclosed. “The founders and the company’s management have done an outstanding job developing and growing Zengun over the past three years – it has been a successful investment for Segulah Fund V”, says Oskar Oxenstierna, Director, Segulah Advisor AB.

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