SCADA International secures investment from Magnesium Capital

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SCADA International (SCADA Holding and the companies in the group) secures investment from London-based Energy Transition investor, Magnesium Capital LLP. "The new partnership perfectly supports our mission of providing future-proofed SCADA and control solutions for the renewable industry," says CEO at SCADA International, Thomas Bagger.

SCADA International entered into an agreement to be acquired by funds advised by Magnesium Capital LLP ("Magnesium") and upon closing, will become part of Magnesium’s portfolio of fast-growing technology and tech-led service businesses that are enabling the Energy Transition. The SCADA International management team is reinvesting alongside Magnesium and will retain a significant minority position in the Company. Executive... ... More: Official Press Release SCADA International

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SCADA International, Magnesium Capital, investment, growth, energy transition, partnership, renewable energy, global, GW, condition, performance, SCADA, measurement