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Karmijn Kapitaal completed an investment in Tover.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Completed

Cross Border

Acquisition

United Kingdom

Majority

Friendly

Private Equity

Single Bidder

healthcare

Private

Health Care Services

Synopsis

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Karmijn Kapitaal, a private equity fund, completed an investment in Tover, a healthcare product developer. Financial terms were not disclosed. "We have put Tover on the map in recent years, particularly in Europe. The new challenge is to do so overseas, focusing on the increasing demand in North America. In Karmijn we have found the right partner to support our international growth both financially and with the right knowledge and insights. They put the same values first as Tover and prefer to go for the right balance rather than for the quick gain. This shared long-term vision connected us from the moment we met," Hester Le Riche, Tover CEO and Founder.

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