Israeli Soda Stream investor to the rescue for Wellington’s 4RF

Wed, 01 Aug 2012

By Jonathan Underhill Aug 1 (BusinessDesk) - Fortissimo Capital, an Israeli private equity group, has acquired 4RF Limited for an undisclosed sum, allowing the award-winning Wellington-based microwave radio products developer to continue its growth path after its holding company was forced into receivership. The funding will allow 4RF to hire workers and accelerate product development and sales worldwide, the company said in a statement. “We’re ecstatic. They are the perfect partner for us,” 4RF chief executive Ian Troughton told BusinessDes...

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