Crédit Agricole PE et al. invest €4m in Oxatis

Crédit Agricole PE will provide €2.5m, while previous investor A Plus finance will give a further €1.5m.

Established in 2001 by Marc Schillaci, Oxatis provides e-commerce platforms for around 6,500 clients. The company provides technology for SME's, craftsmen and merchants to incorporate e-commerce software onto their websites. It also enables businesses to get started on the Internet and sell more without large set-up costs and long-term contracts.

The capital will be used towards enhancing Oxatis' platform solutions as well as providing its software to other, relevant businesses.

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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