Takeover bid on Nexus AG, a stock from QfG’s portfolio

On November 5, 2024, it was announced that the private equity firm TA Associates would launch a public takeover bid on Nexus AG, priced at € 70 per share in cash. This bid represents a 44.2% premium over Nexus AG's closing share price on the preceding trading day.

Nexus AG, a German provider of software solutions for the healthcare industry, specializes in information systems for hospitals. As of the end of October 2024, Quest for Growth held 82,057 Nexus shares, accounting for nearly 3% of its assets at that time. If the takeover bid succeeds, it will generate a positive impact of approximately € 1.8 million on the net asset value as of October 31, 2024, equating to approximately 1.3% of the net asset value.