Australia's Five V buys security alarm connectivity business
Australia’s Five V Capital has acquired a majority position in Permaconn, a locally based equipment supplier for the security alarm and smart home markets.
The size of the transaction was not disclosed. Five V is investing via its fourth flagship Australasia fund, which closed on AUD 550m (USD 370m) in 2021 and typically deploys in a range of AUD 30m-AUD...
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