SAM Private Equity has led a financing round of EUR 10m in Austrian company IDENTEC SOLUTIONS. Other financial backers included gcp gamma capital partners, Sustainable Performance Group and RFID Invest. The company will use the funding to launch additional products and solutions for the long range wireless tracking and tracing market, allowing it to further expand into European and North American markets.
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Management team is led by Chris Shaw who was appointed as chief executive in September 2017