Altamira Capital Partners, an international management and advisory practice and La Financiere Xerys, an early stage Incubator Fund focusing on French SME's have launched a 100 MM€ Alternative Investment Company.
Xerys Capital will be providing Late-Stage Development and turnaround Capital for European SME's specializing into Applied Data Technologies in Healthcare, Security, Energy efficiency and On-line Education.
Jozef Jansen, Benoit Francois, and Charles Baumgartner have been named Managing Partners.
"We will be investing in companies that are at the forefront of technology innovation in their industry" said Jozef Jansen. "We seek businesses and entrepreneurs with a clearly defined strategy who demonstrate passion, deep industry experience, and a long-standing commitment to their business".
Xerys will offer a blend of diverse skills sets and industry backgrounds (GE, J&J, McKinsey, MasterCard) combined with complementary expertise and international experience, which allows them to pursue investment opportunities in different sectors and countries.
Benoit Francois further clarifies; "We generate a proprietary deal flow by leveraging a close network of industry leaders and influential professional advisors build over many years of senior executive roles with top tier multinationals and consultancy practices".
Xerys has a number of deals in the pipe line and has recently signed their first Term sheet with a French SME providing proprietary advanced technology solutions to hospitals and professionals in the field of blood transfusion and healthcare applications.
Jacques Simonnet, who's the chairman of the Board to Xerys, points out; "We have been tracing this very promising business for years while it developed its technology and it's now ready to launch its unique solution onto the World market". "We will provide the financial resources, industry networks and management expertise needed to further expand the business" ads Charles Baumgartner.
The team sees a bright future in Applied Data technologies. Jozef Jansen says; "The Networks link data from products, company assets, or the operating environment and they will generate better information and analyses, which can enhance decision making significantly".
Charles Baumgartner emphasizes; Smart companies use new technologies like sensor or RFID technology to optimize business processes, introducing disruptive enhancements in the way products and services are delivered".
Benoit Francois who can look back at a long career at GE Energy acknowledges: "It's clear that Energy consumption efficiency and supply chain optimization are obvious candidates to benefit from this technological leap forward", and we as Xerys want to be part of that exciting Growth story".
20-04-2011