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Aerospace, Defense & Security | Private Equity

Eterus Capital has acquired a minority stake in Virtual Reality Media

Eterus Capital has acquired a 25% stake in Virtual Reality Media (VRM). Eterus is the sole acquiror of this newly issued stock, which will support VRM's further growth. Financial details have not been disclosed.

Eterus Capital is a Slovak private equity fund which has been helping Slovak companies grow since 2008.

VRM is a high-tech company with more than 20 years of experience in the design, development, production and technical support of flight simulators and training systems in all categories, from basic cockpit procedures through to full flight and full mission simulators. The company uses its own in-house design and has developed state-of-the-art software.

Oaklins' team in Slovakia provided transaction and valuation services in this acquisition of newly issued stock.

Parties

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Lukáš Palaščák

Senior Manager
Bratislava, Slovakia
Oaklins WOOD & Co.

Boris Kostik

Director
Bratislava, Slovakia
Oaklins WOOD & Co.

Richard Lelak

Manager
Bratislava, Slovakia
Oaklins WOOD & Co.

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