Post by UVC Partners

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Another exit for Fund I. πŸ™Œ πŸŽ‰ We've exited our portfolio company Veact GmbH, the Munich-based specialist in #automotive data management, CRM, and aftersales customer engagement. The company is being acquired by Infomedia, a publicly listed Australian provider of software and data solutions for the global automotive aftermarket. πŸš— We backed VEACT early and supported them for some years. In that time, the team built something that now reaches more than 1,000 dealership sites across EMEA and runs over 30,000 personalized campaigns a year. πŸ“ˆ For Infomedia, the deal strengthens its European footprint and adds VEACT's expertise in customer data activation. 🀝 Together, they'll bring vehicle, customer, and dealer data into one unified system for OEMs and dealer networks worldwide. ⭐ The exit delivers significant distributions to our Fund I investors – real liquidity in a tough market. This is exactly what we look for: high-potential European tech ventures at the very beginning, built into global players. ⭐ Huge congratulations to the VEACT team: Philipp Posselt, Markus GallenbergerπŸŽ‰ @Johannes von Borries Full press release in the comments. πŸ‘‡

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