Krogerus advised RELEX Solutions, a provider of unified supply chain and retail planning solutions, on Blackstone Growth's and TCV's additional investment in RELEX Solutions. RELEX's existing investors purchase shares from Summit Partners, for which the transaction represents an exit from an initial investment made in 2015. Blackstone Growth and TCV first invested in RELEX in 2022 and 2019, respectively.
Blackstone Growth's and TCV's additional investment underscores their conviction in RELEX's growth trajectory and reaffirms their commitment to supporting the company's strategy, which includes expanding its addressable market into the consumer packaged goods (CPG) and manufacturing sectors.
The Krogerus team was led by Partners Mika Ståhlberg and Antti Luhtala and they were primarily assisted by Associates Niclas Ruotsalainen, Tiina Jauhiainen and Henrik Lyytikäinen. Partner Samu Lassila advised on tax matters and he was assisted by Associate Sakari Kalpio. Partner Paul Raade advised on securities law matters.
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