023 Prnewswire Parc Capital Fund Services Pty Ltd Has Announceda 21 Million Investment In Nexion Group Asx Nng News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 Australia , New Zealand , Peter Christie , Group Ltd , Orro Group , Capital Fund Services Pty Ltd , Fund Services Pty Ltd , Macquarie Capital , Executive Chairman , Interim Group , May 11 , 023 Prnewswire Parc Capital Fund Services Pty Ltd Has Announceda 21 Million Investment In Nexion Group Asx Nng , A Fast Growing Hybrid Cloud Service Provider Based In Australia Parc Is An Experienced Funder The Technology Industry , Ith 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 Network , Nd 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 Innovation , Organic Growth , Nd Acquisitions After Extensive Due Diligence , Arc Has Executeda Term Loan Agreement Of 21 Million To Support Nexion 39s Growth Plans The Parc Signifies Value Asa Business And Allows Company Strengthen Existing Capabilities While Continuing Its Strategic Path Initial Drawdown From Will Assist With Planned Acquisitions In New Zealand Providing Ongoing For Futurem Ampa Activity Partnership Between Is Expected Add Discipline Decision Making Reporting As Well Assisting On Deals Being Completed Faster , Ltimately Resulting In Business And Shareholder Value The Executive Chairman Interim Group Ceo Of Nexion , Peter Christie , Xpressed His Excitement About Working With Parc , Oting That Their Deep Understanding Of The Technology Industry Andm Ampa Expertise Makes Them Perfect Partner For Nexion 39 Sm Program Peter Christie Said Quot Parc Stood Out As Ourm They Understand , How It Operates , Ow To Value Acquisitions And Where Look For Risks This Deep Understanding Makes Working With Them In Technologym Ampa Highly Productive Andi 39m Looking Forward Making Rapid Progress Now We Have Facility Place Quot Parc 39s Investment Nexion Isa Testament The Company Growth Potential Strategic Direction Will Not Only Assist Financial Resources Necessary Execute Its Plans But Also Add Business Shareholders Https Www Nexiongroup Io Wp Content Uploads 2023 05 2550979 Pdf Investor Centre Group Ltd Ground Floor , 2 Newcastle Street , Ustralia Abn 48 628 415 887 Should You Wish To Contact The Company In Relation This Announcement Please Investor Relations Nexiongroup Io ,