Conversion of convertibles to B shares in Storskogen
On 3 April 2023, Storskogen Group AB (publ) (“Storskogen”) issued two convertibles of a total of approximately GBP 10.4 million with mandatory conversion to the sellers of AC Electrical Services Group Limited (“ACE”). The convertibles have today, on 3 April 2024, in their entirety been converted to new B shares in Storskogen.On 3 April 2023, Storskogen announced that the group had acquired 80 percent of the shares in ACE and that GBP 10,361,992 of the consideration would be paid with B shares in Storskogen to be delivered on 3 April 2024. To secure the delivery of the B shares and to settle
New investment propels Aico into a new phase of market expansion in Europe, bringing automation, transparency, and control to the financial close process for large enterprises.Accel-KKR , a global technology-focused investment firm, today announced a majority equity investment in Aico Group (also “Aico”), an end-to-end financial close software platform for large enterprises. With this investment, Accel-KKR will join current investor Juuri Partners as backers of Aico.
With this investment, Aico will seek to
