We, at Sonae IM, are glad to announce that we have concluded today, as leading investor, the transaction with Novo Banco and ES Ventures, by means of which we acquire the participation units in 3 venture capital funds.
With this deal, we will reinforce our portfolio namely through indirect and sizeable stakes in leading edge companies such as Outsystems and Feedzai, both consistently presenting meaningful and sustainable levels of growth, and will profit from additional deal flow opportunities and exit options, as well as from potential co-investment partnerships.
Please see in the following links our formal press release:
Sonae IM will end this year with +11
direct investments, between growth stage operating companies,
venturing and early stage incubation stakes in companies.
Our operating companies, that we fully consolidate, represent more than 115M euros in annual turnover, with more than 1.100 employees and offices in 11 countries.
We are proud to now also have indirect investments in 23 companies due to our role as lead investor in ES Ventures’ three VC funds.