Altor Acquires Majority Stake in F24 from Hg

July 1, 2024

Altor has acquired a majority stake in F24 AG from Hg, with F24's management reinvesting in the company. The private equity partnership is intended to accelerate F24's growth and support continued regional expansion of its Business Resilience SaaS offerings.

Buyers
Altor
Targets
F24 AG
Sellers
Hg
Industry
Cloud & SaaS
Location
Bavaria, Germany
Transaction Type
Buyout

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