Ventizz Takes Majority Stake in Thomas-Krenn

Ventizz Capital Fund IV L.P. has acquired a majority stake in the Bavarian Thomas-Krenn AG. The fund bought its stake from company founders Thomas Krenn and Max Wittenzellner and from BayBG, a Bavarian private equity company. Terms of the deal were not released. Thomas-Krenn was formed in 2002 and develops server technology and hosting services.

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