News – General corporate and securities matters

Racktivity in investment by Hummingbird Ventures, Partech and PMV

We assisted Racktivity with the negotiation, structuring and closing of its 2.5 million euro investment round. PMV, Partech Ventures, Big Bang Ventures and X-ICT-ING have participated to this round.

Racktivity is a Ghent based IT company that offers solutions for energy management in data centers and telecom companies. With their equipment and Data Center Performance Management-software companies are able to manage and monitor their infrastructure and power consumption to save energy.

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

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

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