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Instos pick up HG Capital’s Gentrack stake

Private equity firm’s sale opens opportunity for Naos, Milford.

Mon, 21 Jun 2021

Two fund managers have picked up substantial stakes in billing software company Gentrack from a sellout by longstanding European shareholder HG Capital.

NZX disclosures today show Sydney-based Naos bought A$23.2 million of Gentrack shares at an average A$1.92 a share for its listed funds over

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Instos pick up HG Capital’s Gentrack stake
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