Duke Royalty Ltd – Europe and North America-focused alternative capital solutions provider – Announces the successful exit of its investment in royalty partner Instor Solutions Inc, a California-based product reseller and service provider for work related to the build-out and migration of data centres.
Duke Royalty [AIM:DUKE] the AIM-listed provider of alternative capital, is celebrating its 20th royalty partner through a USD8.75m investment into Instor Solutions announced today (7th March).
Alternative capital provider Duke Royalty said in an update on Friday that it was expecting to achieve recurring cash revenue of £5.7m in the fourth quarter of the 2023 financial year.
Alternative capital provider Duke Royalty announced a follow-on investment of £1.75m into existing royalty partner InTec Business Solutions on Tuesday, to fund its latest acquisition.
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