The Inveready fund invests in Izertis with 4 million euros in convertible bonds

Our company has formalized an investment agreement with the venture capital fund specialized in technology-based companies Inveready that will allow us to accelerate our inorganic growth plan.

Inveready carries out this operation within its investment strategy adapted to COVID-19 environment, joining a high growth company by subscribing € 4M in convertible bonds of our corporation, which will allow it to participate in a sector, `Digital Transformation’, that after the appearance of the pandemic it is experimenting a new wave of growth.

According to our president Pablo Martín, “the resources obtained will allow us to integrate companies which operate in our market to offer them a wide range of new services and process operational improvements that will surely help us to materialize our ambitious business plan. Having an experienced investor in this type of process as Inveready will allow us to accomplish this new phase with the resources and experience required”.

Rubén González, fund director comments that “after the appearance COVID-19 we refocus our investment strategy over those sectors which enhance their added value in the new context. The digital transformation was a key sector for us and Izertis a company with the capacity to consolidate a high fragmented sector which has demonstrated a proven capability of execution with 25 acquisitions made from 1998”.

Our company is a specialist group within the technology consulting industry which bases its positioning on a differential and highly technical portfolio of services in the digital transformation segment.