On 7 December, Kartesia Investment Manager Jean Diercxsens took part in the quarterly Presidents’ Meeting of the Belgian Venture Capital and Private Equity Association (BVA).
Foraco International SA (TSX: FAR) is a leading global mineral drilling services company that provides a comprehensive and reliable service offering in mining and water projects. Supported by its founding values of Integrity, Innovation, and Involvement, Foraco has grown into the third largest global drilling enterprise, with a presence in 22 countries across five continents.
Kartesia announced today that it invested into Ecore, alongside HIG Capital investment. Created in 1965 by Guy Dauphin, Ecore’s main subsidiary “GDE” is the #2 leading French company in the collection and recycling of waste materials, primarily specialized in metal (mostly ferrous metals, destined to the steelmaking industry; and non-ferrous metals, destined to a wider range of end industries) as well as plastic, batteries, and other materials. Ecore has an extensive coverage of the French territory, with a network of 65 collection centres and 10 waste transformation centres.
Kartesia has invested €25 million in the Spanish insurance software group Vet+a, a software company specialised in the provision of appraisal and claim management solutions for home and property insurers. The Firm will support the group in its internationalisation and diversification processes across its different platforms: Vet+a, Verifica, Degnor and Evalua.
Kartesia is pleased to announce that the investment of the KCO III fund into the senior debt issued by SAG was repaid at par following the sale of the Company to SPIE S.A. SAG is the leading German utility infrastructure service provider, with almost 100 years of experience in the design, construction and maintenance of power generation, distribution and transmission infrastructure.
Kartesia is pleased to announce the closing of a Mezzanine Facility in support of the acquisition of Main Energie by Audax, in collaboration with senior lenders who provided acquisition term loans.