HongShan Capital Group (HSG), a leading venture capital and private equity firm, has signed a definitive agreement to acquire a majority stake in Marshall Group in a deal valued at €1.1 billion. The Marshall family will retain a significant minority stake of over 20% following the transaction.
The acquisition follows an agreement between HSG and current stakeholders, including Altor, Telia Company, Time for Growth and Zenith VC.
Marshall Group was advised by KANTER in the transaction.