Capital Système Investissements advises Alis Technologies on capital increase prior to its buy-out by Nstein
Geneva, September 22nd, 2004
Alis Technologies the Canadian global leader in multilingual information management solutions and services raised a third round of 2.85m€ in equity financing, advised by Capital Système Investissements the corporate finance firm based in Geneva, Switzerland.
Two previous rounds of 1.5m€ and 1m€ had been successfully closed in July 2003 and in December 2003, advised by Capital Système Investissements. Both placements had been underwritten by two Swiss private banks Sarasin and Clariden, an important French family office and the investment fund Banexi Communication.
This last round had been underwritten by Mercury Partners a venture capital fund managed from Geneva, and by IUGO Ventures. This capital increase allows Alis Technologies to strengthen its balance sheet prior to its acquisition by Nstein Technologies (TSX-V : EIN). This acquisition will generate both commercial and technological synergies and will give liquidity to the shareholders of Alis Technologies once the lock-up period expired.
About Alis Technologies
With revenues of 5m$ CAD in 2003 (7m$ CAD 2004e), Alis Technologies offers an integrated technology platform and specialised services for the management of multilingual information flows, targeted at the specific requirements of large corporate and international organisations. Clients, who include General Electric, Siemens, Suez, Carrefour, Pictet & Cie, French Ministry of Defence, use Alis Technologies’ platform to enhance global collaboration within their organisations and to adapt electronic business processes internationally. Alis Technologies is currently present in North America, Japan and Europe, where its French affiliate contributes about 60% to total global revenues.
About Capital Système Investissements
Established in 2001, Capital Système Investissements (CSI) is a corporate finance house based in Geneva and specialised in cross-border transactions and financial engineering. CSI offers high-end investment banking services, including M&A advisory, fund raising, structuring of financial products (asset backed securities) and tax optimisation. CSI’s services are tailored to the specific requirements of entrepreneurial, fast-moving medium-sized companies and their shareholders and management. Within its team CSI regroups Swiss, German, French and Italian nationals.
Contacts :
CAPITAL SYSTEME INVESTISSEMENTS
Gilles-Emmanuel TRUTAT, Managing Partner E-mail : getrutat@capitalsysteme.com
Tel: +41 22 840 0774