
Gimv and Siemens invest in PE International
Gimv and Siemens Venture Capital have invested in IT provider PE International AG as part of a €8m finance round.
Each venture capital firm has contributed €4m to the round. The capital will be used to strengthen the company's market position as a provider of sustainability IT platforms.
PE International is a provider of software solutions for sustainability management. The software provider was founded in 1991 and is headquartered in Stuttgart. The business has 150 members of staff and operates in 14 countries. Hansjörg Sage, Partner at Gimv will join the board of directors.
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 Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com
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