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Jean-Luc Bernard, Founder and Chairman of the Supervisory Board of Astek, said: “With this financing, Astek will continue to build upon its strong performance to reach its billion-dollar turnover target.”
Julien Gavaldon, Chief Executive Officer of Astek, said: “I would like to thank H.I.G. for their confidence in helping us reach this new milestone in the development of Astek. Based on the skills and commitment of our teams, we plan to keep up the momentum, driven by our ability to innovate and support our customers in their digitalisation efforts.”
Pascal Meysson, Head of H.I.G. WhiteHorse Europe, said: “Astek has grown significantly in recent years, including in 2020, despite the Covid-19 crisis. Today, Astek is well-positioned in a market with strong growth prospects, driven by an increasing need for digitalisation among businesses and a fragmented market that continues to consolidate. We are excited to contribute to the future success of the group with our tailored financing.”
Source: Business Wire
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