NAXS

NAXS has raised its commitment to Celero Capital Fund (E) AB ("Celero") from EUR 1.5 million to EUR 3.2 million.

The investment advisory company of Celero, Celero Capital AB, is a Nordic lower mid-market private equity firm that is focused on the services, consumer goods and niche industrials sectors.

Celero Capital AB was founded by Peter Möller, who was previously a senior partner at FSN Capital.

Celero currently holds 3 platform investments: Corteco (outer shell renovation and maintenance service provider), Reledo (facility management services provider) and Opima (supplier of tailor-made solutions to the manufacturing industry).

Contact information:

Nikolai Jebsen, Interim CEO

Telephone: +47 462 82 222

This press release and further information is available on the Company's website: www.naxs.se

NAXS AB (publ)

Corp. Reg. No. 556712-2972

Alma, Nybrogatan 8

114 34 Stockholm, Sweden

E-mail: info@naxs.se

NAXS is an investment company listed on NASDAQ Stockholm. NAXS primarily invests in private equity funds with a Nordic focus but may also make direct investments or co-investments alongside private equity or other alternative assets funds. More information is available on www.naxs.se