News – Venture Capital & Private Equity practice
22 July 2015
Cresco assisted Bubble, a Belgium based transport and software company, in the preparation, structuring and closing of its EUR 2.3 million investment round led by its current shareholders, including ParticipatieMaatschappij Vlaanderen (PMV), and other private investors.
Bubble, active under its trade name ‘Bubble Post’, specializes in 100% ecological first-and-last-mile delivery solutions. Once goods are received in one of their warehouses at the outskirt of the city, the most efficient route and vehicle for each delivery is calculated by its internally developed IT system.
Bubble will use the proceeds of its investment round to roll out is activities across other European countries.
More information on the transaction can be found i.a. in DeTijd.
David Dessers, Pieter Capiau, Yannick Verrycke and Lukas Decoster constituted the deal team for this transaction.