Axxess Capital Acquires a Stake in Cloud Storage Provider Star Storage (CEE and CIS)

Source: Business Review

CEE-focused investment manager Axxess Capital has purchased a stake in Romania-based cloud storage provider Star Storage. The transaction was structured through Axxess Capital’s Emerging Europe Accession Fund. Star Storage operates in Romania and Moldova, and intends to use the new capital to grow its capabilities to deliver cloud services, improve its operations and approach new market segments and geographies. Financial details of the transaction were not disclosed.