Latest Breaking News On - A fast growing hybrid cloud service provider based in australia parc is an experienced funder the technology industry - Page 1 : comparemela.com

PERTH, Australia, May 11, 2023 /PRNewswire/ 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 help fund cyber security provider Orro Group is evidence of its expertise in the field. NEXION offers network, compute, security, and data storage solutions and has been recognised as a serious player in the competitive whole-of-enterprise IT sector since its public listing in 2021. The company's strategy since listing has been to aggressively grow through innovation, organic growth, and acquisitions. After extensive due diligence, PARC has executed a term loan agreement of $21 million to support NEXION's growth plans. The support of PARC signifies NEXION's value as a busi

Western australiaNew zealandPeter christieGroup ltdOrro groupCapital fund services pty ltdFund services pty ltdMacquarie capitalExecutive chairmanInterim groupMay 11023 prnewswire parc capital fund services pty ltd has announceda 21 million investment in nexion group asx nngA fast growing hybrid cloud service provider based in australia parc is an experienced funder the technology industryIth multiple acquisitions already funded in the it sector firm 39s recent 150 million deal with macquarie capital to help fund cyber security provider orro group is evidence of its expertise field nexion offers networkNd data storage solutions and has been recognised asa serious player in the competitive whole of enterprise it sector since its public listing 2021 company 39s strategy to aggressively grow through innovationOrganic growth