FLEX Capital Management, a German private equity firm, completed the acquisition of a majority stake in Egoditor, a provider of mobile marketing solutions. Financial terms were not disclosed. “Just as our QR code connects smartphone users with the right content, Carlsquare has connected us with the right investor. The Carlsquare team, led by Mark Miller and Sebastian Fischer, prepared us carefully for the transaction and was able to inspire investors with a strong equity story. We are very pleased to be the first company in FLEX Capital’s portfolio and to successfully develop the company together with an entrepreneurial investor,” Nils Drescher, Egoditor Co-Founder.