PARC Capital injects $21M into growing Australian cloud provider NEXION Group to fund M&A Growth
PARC Capital Fund Services Pty Ltd (PARC) has announced a $21 million investment in NEXION Group (NEXION ASX:NNG), a fast-growing hybrid cloud service provider based in Australia. PARC is an experienced funder in the technology industry, with multiple acquisitions already funded in the IT sector. The firm’s recent $150 million deal with Macquarie Capital to …