Harrisons, working with Norgren Legal, has advised Claret Capital Partners on its EUR 12.25 million investment in Devtech. MBM Commercial reportedly advised Devtech.
According to Harrisons, "Devtech will use the funding to accelerate the company’s growth in key markets worldwide and expand its end-to-end digital innovation capabilities for Fortune 1000 companies."
Invest Europe company Claret Capital Partners is a London-based growth fund. Devtech is a global digital innovation services company.
"Claret Capital Partners is one of the most respected financial firms in Europe and the company’s track record in helping fuel the growth and success of industry leaders is unmatched," Devtech CEO Milovan Milic commented. "The funding is another indicator that our business strategy and holistic digital innovation approach is resonating among our global customers. As digital transformation accelerates, executives are under growing pressure to drive greater agility and growth. We will continue augmenting our core end-to-end capabilities to help our clients innovate, transform, and disrupt."
"Claret is delighted to support Milovan and the whole Devtech team with the continued expansion of its digital innovation capabilities across key markets," Claret Capital Partners Partner Antony Baker added. "Highly valued by its clients worldwide, we believe Devtech’s expert services are uniquely positioned to take advantage of growing market demand and further M&A opportunities. We look forward to our continued partnership with Devtech."
The Harrisons team was led by Consultant Ines Matijevic-Papulin.