News – Venture Capital & Private Equity practice
19 May 2015
We assisted Fortino in the preparation, negotiation and closing of its most recent 2.5 million EUR investment in Teamleader.
Teamleader is a booming Ghent-based start-up that develops software for enterprises. It offers CRM software for invoicing and project planning via the Internet. Since its incorporation, Teamleader has established an impressive client portfolio, which includes large service companies.
Teamleader will be using the investment proceeds of one million EUR to expand its activities and attract human capital.
Fortino is the investment fund headed by Duco Sickinghe (ex-Telenet), Renaat Berckmoes (ex-Telenet) and Baudouin Jolly. Fortino mainly focuses on developing entrepreneurs and building a portfolio of high growth investments.
Cresco has advised Fortino on all of its prior transactions. We also provide ongoing operational legal support to the senior leadership of Teamleader, advise them on equity incentive schemes and retention mechanisms, and provide counsel concerning general corporate, commercial and intellectual property matters.
David Dessers, Pieter Capiau and Wim Van Berendoncks constituted the Cresco deal team for this transaction and ongoing legal support.
For any further information or questions, please contact Pieter Capiau.