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Announced

Norvestor to acquire a majority stake in glueckkanja from Primepulse.

Synopsis

Norvestor, a private equity firm, agreed to acquire a majority stake in glueckkanja, a cloud managed services provider from Primepulse, an electronics company for hardware and software development. Financial terms were not disclosed. "On behalf of glueckkanja, I would like to extend my deepest gratitude to our dedicated employees whose hard work and commitment have been instrumental in our success. We are excited to join forces with Norvestor and look forward to leveraging their expertise in successfully developing IT services business models to accelerate our growth and expand our presence in new geographies," Christian Kanja, glueckkanja Founder and CEO.

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