Announced
Completed
Financials
Tags
Switzerland
Single Bidder
data storage technologies
Friendly
Data Centers and Hosting
Completed
Majority
Private
Acquisition
Private Equity
Mbo
Cross Border
Synopsis
Ardian completed the acquisition of a majority stake in Swissbit, a manufacturer of data storage technologies and internet of things solutions. Financial terms were not disclosed. “The main factors for our investment in the company were Swissbit's convincing and promising business model combined with an excellent management team with many years of industry experience and strong technological expertise. We look forward to working in partnership with the management and supporting the company as it continues down its path of growth towards a successful future,” Dirk Wittneben, Ardian Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.