Announced
Financials
Sources
Tags
Pending
Private Equity
Luxembourg
Software
Single Bidder
Friendly
Private
intelligence platform
Minority
Acquisition
Cross Border
Synopsis
Wendel, a private equity firm, agreed to acquire a minority stake in Tadaweb, an open-source intelligence platform, for €15m. “I am very pleased to welcome Tadaweb into Wendel’s portfolio. This first direct investment in Europe by the Wendel Growth investment team, led by Antoine Izsak, is fully in line with what we want to target: innovative companies with high growth and leadership potential, led by committed entrepreneurs," Jérôme Michiels, Wendel CFO.
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