Nordic Capital to acquire a majority stake in Duco Technology from CME Ventures, Insight Partners and Eight Roads Ventures.

Nordic Capital, a private equity firm, agreed to acquire a majority stake in Duco Technology, a software developer, from private equity firms CME Ventures, Insight Partners and Eight Roads Ventures. Financial terms were not disclosed. "We are very pleased to be partnering with Nordic Capital for the next part of Duco's journey. Together we will be able to take the business to its next level as they have a strong track record of scaling fast-growing businesses such as Duco. Nordic Capital's strategic expertise, focus on growth and execution best practice mean that we can accelerate from here and strengthen our strategy with both organic and acquisition growth in the future," Christian Nentwich, Duco CEO.