Announced
Completed
Synopsis
Armada Fund V completed the acquisition of a minority stake in 13 Protein Import, a company offering food supplements, from the founders. Financial terms were not disclosed. “We have followed 13 Protein Import for several years and are excited to team up with the management team. It is an attractive opportunity for us to support the Company, which has consistently proven its product innovation capacity and shown profitable growth since inception. This constitutes the sixth investment of our new fund and is a good fit to our strategy due to the Company’s strong track record, the attractive growth potential as well as the underlying market dynamics” Jan Wiklund, Armada Managing Partner.
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