Herkules becomes Projectiondesign's majority owner
Herkules Private Equity Fund has acquires 54 percent of the shares in Projectiondesign AS from Eker Group AS.
Projectiondesign is a leading company within the high-end niche segment of the projector industry. The company is situated in Fredrikstad, Norway. Projectiondesign develops, designs, manufactures and sells high performance projectors for professional, business and consumer applications.
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| Fund | Herkules Private Equity III LP Argentum share 4.99% |
| Portfolio Company | Projectiondesign |
| Date of Transaction | 2009-10-01 |
| Transaction | Acquisition |
| Seller | |
| Buyer | Eker Group AS |
| Size of Transaction | |
| Ind. Focus | ICT |
| Geography | Norway |
| Stage | Small/mid-cap buyout |