Verdane has through its impact fund Idun invested in Release

September 28, 2022

Verdane, the European specialist growth equity investor, has through its impact fund Idun invested in Release, a Norwegian leader in the mobile phone re-commerce market. Release delivers a one-stop shop for second-hand phones, offering consumers a sustainable option for their mobiles and the adjacent products and services. Verdane will support the company’s ambition to reduce electronic waste, while leveraging its expertise in re-commerce from companies such as AsGoodAsNew, momox and Swappie.

Click here to read the press release

Target – RELEASE AS

Buyer – VERDANE CAPITAL ADVISORS AS

Seller – Shareholders

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