case / 05 Sep 2019

Setterwalls has assisted Novax AB et al. with the divestment of shares in Educations Media Group (EMG)

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Setterwalls has assisted Novax AB et al. with the divestment of shares in EMG, a market leading provider of search engines for educations. The company operates around 20 digital platforms, through which it helps educational providers to reach out to and recruit more students. As a result of the transaction, the company has a new ownership structure. The operative founders have become majority owners and the venture capital company Verdane has, with its investment, become a new minority owner.

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