PRESS RELEASE

from PRODWARE (EPA:ALPRO)

Prodware: Phast Invest, holding company of the Prodware group  has raised €20 M with Tikehau Capital and Prodware’s Historical Managers

Prodware
Prodware: Phast Invest, holding company of the Prodware group  has raised €20 M with Tikehau Capital and Prodware’s Historical Managers

21-Feb-2023 / 18:30 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


                 Press Release

 

Paris, February 21st, 2023, 06:30 pm

 

 

Phast Invest, holding company of the Prodware group

 has raised €20 M

with Tikehau Capital and Prodware’s Historical Managers

 

 

 

Phast Invest, the company owning nearly 94% of Prodware SA, announces that it has successfully raised €20 million.

 

This financing operation was carried out as a capital increase, based on a valuation of Prodware of €300 million, with 75% of the subscribed capital provided by several funds managed by Tikehau Investment Management and the remaining capital by Prodware's historical managers.

 

Following this operation, the historical shareholders now hold nearly 88%1 of the capital of Phast Invest.

 

 

Stéphane Conrard, Deputy CEO of Prodware and President of Phast Invest, says:

 

"We are delighted with this round of fundraising, which is in keeping with our plan to strengthen our equity capital and allows us to develop cutting-edge strategies and accelerate Prodware's international growth."

 

 

 

About Prodware

With 30 years of experience and know-how in IT innovation, we strive to provide value and expertise to our customers around the world. Whether we’re implementing the most ambitious cloud strategies, developing AI-powered decision-making tools, or creating IoT applications, Prodware is always at the cutting edge of innovation. 

Since its inception, Prodware has leveraged technological progress to help businesses prepare for the future by creating new economic models for the manufacturing, sales, distribution, finance and professional services industries. 



For more information: http://www.prodware-group.com

 

 

 

 

 

 

 

 

 

 

1 Expressed on a non-diluted basis

 

 

 


Regulatory filing PDF file

File: PRODWARE 210223 ENGLISH


Language:English
Company:Prodware
45 Quai de la Seine
75019 Paris
France
ISIN:FR0010313486
Euronext Ticker:ALPRO
AMF Category:Inside information / Other releases
EQS News ID:1565099
 
End of AnnouncementEQS News Service

1565099  21-Feb-2023 CET/CEST

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