Triton Fund III has successfully completed the acquisition of LOGSTOR from funds managed by Montagu Private Equity and other shareholders.
Closing follows approval by the relevant competition authorities. Triton Fund III has acquired all of the share capital in LOGSTOR. The terms of the transaction were not disclosed.
'Triton is pleased to complete this investment, and we now look forward to working with LOGSTOR's management and employees to strengthen and grow the company', said Peder Prahl, a director of the General Partner of Triton Funds.