Newfund has invested €1.5m in French telecommunications business Invoxia.
The new investment will support Invoxia in expanding globally. The founders of the company will remain majority shareholders. Company Invoxia is a French provider of telecommunications equipment,...
Fund's predecessor, Capzanine 3, also closed on its €350m hard-cap in 2013
Deal marks the second acquisition for the GP’s third vehcle, Quadrivio Private Equity Fund 3
Deal follows a similar investment in the oil exploration business earlier this year
Adveq invests €10m, while HPE Growth Capital provided the initial €20m in May