--- Connecting LPs & GPs worldwide
--- Connecting LPs & GPs worldwide
UK secondaries firm Nova Capital Management has sold Detector Technology, a Chinese supplier of radioactive components for smoke alarms. The exit is the third from its QSA Group of companies, a set of businesses specialising in supplying radioactive sources. The total equity realised from the QSA Group companies is £100m (€114.9m), providing Nova with a cash-on-cash return of 7.4 times its original investment.
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