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.
Talk to the deal team
Related deals
Hydrix Limited (ASX:HYD) has raised capital via a placement
Hydrix Limited has completed a capital raise with institutional and sophisticated investors. The capital will be used to bolster the company’s growth strategy and to extinguish outstanding secured debt.
Learn moreCascade Engineering Technologies has been acquired by GC Atlas Holdings, LLC
Cascade Engineering Technologies, Inc. (Cascade) has been sold to GC Atlas Holdings, LLC, a consortium of private investors.
Learn moreCrerax has raised funds to support future business expansion and strategic development
Crerax Science and Technology Co., Ltd. (Crerax) has completed a round of fundraising to support future growth and strategic development.
Learn more