Exit: Photonis
Kartesia is pleased to announce that the investment of KCO III and KCO IV into the senior debt of Photonis was entirely repaid at par following a refinancing of the company.
Photonis is a worldwide leader in photo-detection equipment, primarily used for Night Vision application in the military field (Night Vision tubes; 80% of sales) as well as electro Optics in the scientific & advanced industrial application fields (including nuclear – 15% of sales) and Power Tubes used for radio & satellite communication (5% of sales). Kartesia’s first investment in Photonis dates back to 2016.