Triton IV Continuation Fund Acquires Flokk Group (Innova Capital Exit)
May 1, 2023
Innova Capital and its minority co-investors sold their stake in Flokk Group as part of a larger transaction that moved four Triton Fund IV portfolio companies (Assemblin, EQOS, Flokk and Unica) into the newly-formed Triton IV Continuation Fund (TIV CF). The deal represents Innova's final exit from its Innova/5 vehicle and transfers majority-held assets into the continuation fund managed by Triton.
- Buyers
- Triton IV Continuation Fund (TIV CF)
- Targets
- Flokk Group
- Sellers
- Innova Capital, Minority co-investors, Triton Fund IV
- Industry
- Manufacturing
- Location
- Oslo, Norway
- Transaction Type
- Recapitalization
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