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