Private Equity investment disposal
North Atlantic Smlr Co Inv Tst PLC
12 October 2023
12 October 2023
North Atlantic Smaller Companies Investment Trust PLC
("NASCIT")
NASCIT is pleased to announce that Harwood Private Equity Fund V (in which NASCIT has a substantial investment) sold on Wednesday 11th October one of its private equity holdings, Assisi Pet Care. On a look-through basis NASCIT invested £3.6m over the course of three years via a buy and build investment strategy and expects to receive at the closing, approximately £11m. This represents an uplift on the 30th June 2023 valuation of approximately £7.6m.
Enquiries:
Christopher Hart Chief Operating Officer
0207 7640 3200
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