Alven Capital et al. back Novapost with €1.7m
Electronic payslips company Novapost has secured тЌ1.7m from Alven Capital and existing individual investors.
The funds will fuel the company's expansion and diversification strategy. Novapost specialises in paperless HR solutions for businesses; it creates elecronic payslips and other HR documents, stores them and allows employees to consult, manage and print them.
Novapost's growth is partly due to a recently-introduced French law that legalised the dematerialisation of administrative documents.
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 Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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