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Frotcom

The Deal

Bought By
Helena Ahlström and Ivar Schmidt
Year
Not published by any primary source
The first backer's page says the vehicle ended up acquiring the company and gives no year; the second backer's card prints its own 2022 entry and dates the vehicle's exit from its search-fund list to May 2022, both the backer's dates. Nothing read states when the purchase closed.
Vehicle
Snowfall Capital, backed by Istria Capital and Relay Investments
Kind
Software

A Portuguese subscription fleet management software company selling to businesses.

What Happened Next

Still held: both backers file it as active, one naming the pair as chief executives and saying their vehicle ended up acquiring it.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Istria Capital

Relay Investments

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.