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... sucessful management buyout:

Which golfer does not know this: you bend down to pick up the ball and feel a painful prick in your leg. The tee shaker is the perfect solution! Attached to your golf bag, this practical device offers you a tee whenever you need one.

As investor Blue Fund supported to establish the German Tee-Shaker GmbH, to build up the US-Entity and to acquire the US patented rights.

In spring 2013 Blue Fund sold the shares as successful management buyout (MBO).