Intraware Investments Public Ltd

Report Publication Announcement • Sep 1, 2020

INTRAWARE INVESTMENTS PUBLIC LTD

A profitable business structure which can generate a steady fixed income on a annual basis, while the market for such services and its industry sector is on the growth scale, and has a lot of potential opportunities for the future.

There was only expertise of the Swiss investment fund Fransad

Moreover, Intraware has the following areas and sectors for investment set as the Corporate strategy (company's investment profile):

1. Development (Real Estate).

2. Real Estate. Commercial and Residential Real Estate.

3. Production in industries with guaranteed long-term existence horizons. Construction materials, energy generation industry, production of component parts for manufacture of finished machine industry products, servicing and technical support for manufacturing, including mining industry, machinery industry etc.

4. Hospitality and recreational business, service industry, sports and entertainment industries, excluding the restaurant business.

5. IТ, Telecommunications.

6. Portfolio investments. Shares, bonds, ETF with at least BBB rating and amounting no more than 25% of the company's total amount of the investments.

7. Pharmaceutical industry, biotechnologies, medicine.

8. 1. Food production.
9. 1. Transport and logistics services.

The Radiology clinics fall directly within the 7th category, so the company decided to go ahead with the acquisition through a limited partnership.

Radiology group created in 2015 by Drs. Theumann and Browaeys. Mainly operating two 3T MRIs and one CT scanner in three centers in Payerne, Moudon (VD) and Riaz (FR).Strong business growth with high profitability 2019 Sales of CHF 6.7 m for an EBITDA of CHF 3 m (45,8% margin)

It's an acquisition with collaboration with a fund, of class C shares for a medical Business in Switzerland, through a Limited Partnership, and the transaction has been executed on a purely commercial basis.

Direct payment to the company acquired for a class C interest amounts to CHF 625, 000

Intraware Investments Public Ltd buys shares with Decalia Capital Direct Investment III in Radiology Clinic - MediGroup SA

Acquisition of MediGroup SA and its 3 radiology centers,

Pursue organic growth of the 3 centers with the recruitment of additional doctors and complementary investments,

Return on investment > 3x based on the current perimeter