Montezemolo, Rothschild and Amadeus back Octo Telematics
Montezemolo & Partners has led an investment in MetaSystem Group spin out, Octo Telematics. Amadeus Capital Partners and Rothschild Growth Capital also invested in the round.
Founded in 2002 and headquartered in Rome, Octo is a telematics service company working in the auto manufacturing and supply industry as well as with insurance companies. The company currently boasts a turnover of €50m. Its most popular products include wireless GPS on-board units for cars.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Alexandra Carrera on +44 20 7004 7527 or alexandra.carrera@incisivemedia.com
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