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Sentica sold its shareholding in Solteq Plc for EUR 22.5 million

Posted on May 12, 2021May 12, 2021
Sentica sold its shareholding in Solteq Plc for EUR 22.5 million 1
Solteq Plc is a Nordic provider of IT services and software solutions specializing in the digitalization of business and industry-specific software.

COPENHAGEN: According to a press release issued by Sentica Partners Oy today, the funds managed by Sentica, consisting of Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky, have sold all of their shareholdings in Solteq Plc.

Sentica has sold today a total of 4,801,293 shares in Solteq to a group of institutional investors at a price of EUR 4.70 per share. Sold shares represent about 24.75 percent of Solteq Plc’s shares.

Solteq Plc is a Nordic provider of IT services and software solutions specializing in the digitalization of business and industry-specific software. The key sectors in which the company has long term experience include retail, industry, energy and services. The company operates in Finland, Sweden, Norway, Denmark, Poland and the UK and employs 600 professionals. www.solteq.com

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