Consortium of Entrepreneurs acquires majority stake in PlusPlus Capital to implement reorganization plan
Acquiring Company
Consortium of Entrepreneurs
Description
A consortium of entrepreneurs, led by Frank Van Raemdonck and supported by Sacha Verveckken, has acquired the majority stake in PlusPlus Capital, a pan-Baltic and Finnish technology-driven receivables management group. This acquisition is aimed at revitalizing PlusPlus Capital and advancing its ongoing legal restructuring plan. The consortium intends to create synergies with Fraktion, a Belgian fintech company, to support the restructuring efforts and ensure the long-term success of PlusPlus Capital.
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