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New Deal


Announced

Tertium Management acquired a 30% stake in NovRH.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

Software

Acquisition

Private

Private Equity

software development

Minority

Synopsis

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Tertium Management, a development capital fund designed to support the growth of regional companies, acquired a 30% stake in NovRH, a French software developer. The firms CEO will retain a majority stake. Financial terms were not disclosed. With this investment, made by investment vehicle called Tertium Croissance, the regional fund continues its philosophy of supporting companies with strong development potential.

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