I-Source Gestion and OTC Asset Management have invested EUR 3.5m in Rhapso in a second round of financing. The investment comes two years after I-Source’s initial investment of EUR 600,000.
Fund has raised €1bn of its €1.1bn target and plans to hold a final close in Q1 2020
GP will take a minority stake, with the Reisenthel family as majority shareholders
Horizon expects to merge the two IT services providers to create a business with 300 developers
EQT deploys capital from its EQT VIII fund, which hit its €10.75bn hard-cap in 2018