Mangrove Capital Partners has backed German software start-up ezeep, a portfolio company of High-Tech Gründerfonds (HTGF).
The company plans to expand its pool of employees and develop its mobile printing product following the investment. HTGF invested €500,000 in the company in October 2011. Company Based in Berlin, ezeep...
Deal marks the second bolt-on for the business, following the acquisition of Swiss diagnostic imaging provider IRD
Deal marks the second investment made from the GP's 2016-vintage sixth vehicle, which closed on £660m
Acquisition is the company's first out of two planned for this year with ActoMezz's backing
Total commitments for the fund fell some way short of the vehicle's €350m target and €400m hard-cap