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New Deal


Announced

Completed

ISAI Expansion and Sagard NewGen completed the acquisition of Invoke.

Synopsis

ISAI Expansion, the fund for French digital entrepreneurs, and Sagard NewGen, a French investment fund, completed the acquisition of Invoke, afinancial and tax reporting software publisher. Bpifrance is also taking a minority stake in the company. Financial terms were not disclosed. “The project is based above all on the pursuit of the product innovation strategy, the internationalization of the company with a particular focus on the Benelux, the United Kingdom and the countries Nordic countries, and finally the development of increasingly integrated SaaS solutions. This plan will combine organic growth and targeted acquisitions in France and Europe," Guillaume Lefebvre, Sagard NewGen Partner.

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