Quilvest invests €4m in social media firm Vanksen
Luxembourg-based private equity firm Quilvest group has invested €4m into marketing communications agency Vanksen.
The investment will be used to develop the company's digital communications division as well as expanding it globally.
Headquartered in Luxembourg, Vanksen is a buzz marketing communications firm that assists brand name companies such as Coca-Cola, Disney and Louis Vuitton with their marketing campaigns. They have offices in Paris, New York and Geneva and have over 80 employees.
Quilvest will acquire a minority share of the funds from Vanksen management and founders. They will also buy convertible bonds to help in the development of the company.
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