News – General corporate and securities matters

PieSync in investment round

Cresco assisted PieSync, a Belgium based software company, in the preparation, structuring and closing of its EUR 1.5 million investment round led by Ark Angels Activator Fund and ParticipatieMaatschappij Vlaanderen. PieSync offers a platform that connects a host of cloud applications and syncs stored contacts two-way.

PieSync will use the proceeds to accelerate its growth and expand the list of supported SaaS applications to 200 by 2017 and 500 by 2018.

Founders Ewout Meyns and Mattias Putman comment: “As founders with no legal-background, we were delighted to have been assisted by Cresco and its hands-on team of lawyers with tremendous experience with start-ups and all sorts of venture capital financing. The Cresco team went beyond the normal services we could expect from a law firm, and assisted us with pragmatic, business oriented and to-the-point legal advice, while truly being approachable around-the-clock. When necessary, the Cresco team went the extra mile.”

More information can be found in De Tijd, De Morgen and Tech Crunch.

David Dessers and Yannick Verrycke constituted the deal team for this transaction.

For any further information or questions, please contact David Dessers.

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