Fenno Rahasto sells its shares in Affecto
Fenno Rahasto has sold its stake of approximately 9 % in Affecto Plc.
The fund is co-managed by CapMan Mangement and Fenno Management Oy, but Fenno Rahasto made most of its exit already in 2005 in connection with an IPO.
Affecto Ltd, a supplier of business intelligence solutions, merged with Genimap Corporation in 2004, a specialist in digital location-based information systems.
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| Fund | Fenno Rahasto |
| Portfolio Company | Affecto |
| Date of Transaction | 2007-10-02 |
| Transaction | Trade-sale |
| Seller | |
| Buyer | |
| Size of Transaction | |
| Ind. Focus | ICT |
| Geography | Finland |
| Stage | Small/mid-cap buyout |