Accent Equity Partners, a mid-market Nordic private equity firm, has completed its tenth exit since January last year with the sale of Tribon Solutions, an engineering software provider, to Aveva Group, a UK listed software firm, for £19m (€28.5m) in cash and shares.
Accent was formed in April 2003 when Nordico took over the core team of Euroventures. The investment in Tribon Solutions was made through its Accent Equity 2002 fund when it acquired a portfolio of eight companies from AP Fonden 6, one of the Swedish national pension funds.