This EIC Fund investment in a Spanish company has been joined by venture capital funds such as SWANLAAB, Sabadell Venture Capital or ALIAD, and other private investors already involved in the company, reaching 2.7 million euros in the first tranche.
The company will use this capital injection to strengthen its global expansion and become a leader in the Real Time Location Systems (RTLS) market, one of the possible solutions to the problems of waiting lists in the health sector.
Ignacio Aparicio, the co-managing partner of Andersen’s Corporate and M&A practice, together with José Trujillo, senior associate, and Edgar Saiz, an associate of the same department, have been responsible for advising Andersen on the transaction.
