En De
En De

Strax Group

Working capital
2020 Sweden

Strax Group

Working capital
2020 Sweden

In July 2020, PCP IV signed a EUR 30 million loan agreement with the STRAX Group.

STRAX was founded in Miami and Hong Kong in 1995 and has since grown to become a global mobile accessories company marketing third party products as well as its own brands e.g Urbanista, CLCKR, Richmond & Finch and Xqisit. STRAX has over 200 employees in 12 countries with its operational HQ and logistics centre based in Germany while being listed on the Nasdaq Stockholm Stock Exchange

PCP is very familiar with STRAX, its management team and main shareholders having worked closely together as its lender from 2010 to 2015.

The financing provided by PCP will be used to fund working capital growth as well as refinancing existing senior debt package.

www.strax.com

July, 2020

Our investments
KRY
2022.07.22
The Kingfish Company
2022.05.14
News
 
2022.08.12
P Capital Partners today announces the final close of PCP Transition

Final close of P Capital Partners’ new fund to finance sustainability transition in European companies

Read more
2022.03.22
PCP has made a donation to UNHCR

PCP had made a donation to UNHCR to support their brave work to help the people of Ukraine

Read more
2022.01.21
Second investment of PCP Transition

PCP Transition has closed its’ second investment by providing construction financing to SUNfarming Group

Read more