ARX Equity sells Anwis stake to Novaco Invest

ARX Equity Partners has exited its investment in Anwis Sp. z o.o. Financial terms weren’t announced. Novaco Invest GmbH, a subsidiary of WAREMA Renkhoff SE, is the buyer. Anwis is a Polish manufacturer of internal and external custom-made sun shading systems. ARX said the deal generated an overall 3.3x cash-on-cash return multiple and an IRR of over 30 percent.

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