Enterprise Investors provide €7m for Webmedia Group

Enterprise Investors has provided тЌ7m for the Estonian software development company Webmedia Group.

The investor will take a 36% stake in the company, which will support continued international expansion.

Webmedia Group was founded in 2000 and had a turnover of €15m in 2009.

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 Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com

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