Azini completes the sale of Keronite
Azini Capital announces the completion of the sale of portfolio company Keronite Group Limited (Keronite) to Curtiss-Wright Corporation for $35 million in cash.
Curtiss-Wright Corporation (NYSE:CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. CW has a workforce of 8,000 employees and has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit www.curtisswright.com
Sale of Bolero to Wisetech
Azini Capital announces that it has completed the sale of portfolio company Bolero.net Limited (Bolero) to WiseTech Global Limited (Wisetech).
Listed on the Australian stock exchange, WiseTech is an Australia-based provider of software solutions to the logistics industry. The Company provides its solutions to approximately 18,000 customers in over 165 countries. Its flagship technology, CargoWise, is an integrated, global software platform for logistics service providers. The Company’s software enables logistics service providers to execute logistics transactions and manage their operations on one global database across multiple users, functions, offices, corporations, currencies, countries and languages. Its main data centers in Australia, Europe and the United States deliver the Company’s CargoWise platform principally through the cloud, which customers access as needed and pay for usage as they execute on its platform.