CapHorn Invest backs Exaqtworld with €2m

The remaining €700,000 was provided by individual investors. This was the fifth investment for CapHorn Invest, which manages a €50m vehicle funded by institutional investors, family offices and at 50% by entrepreneurs.

Exaqtworld will use the fresh capital to develop its production capacity and strengthen its position, both in France and abroad.

Company
Founded in 2005, Exaqtworld produces electronic anti-theft devices used in the retail industry. Its list of clients includes Printemps, Bon Marché, Dior, Céline and Gucci.

Based in Joinville le Pont, Exaqtworld employs 15 people in France and a further 50 in its Romanian production facility. The company posted a €5.1m turnover in 2011.

People
Damien Bourel led the deal for CapHorn Invest. Alain Favier is the founder and CEO of Exaqtworld.

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