Investment firm consolidates InsightSIP holding
- Autor:Ella Cai
- Zwolnij na:2018-08-30
Insight SIP, the ultra-miniature RF modules specialist, has seen a consolidation of its investors.
By buying the interests of existing shareholders, the Toulon investment firm 2C Invest has amassed an 18.6% share in the company.
Over the last 10 years, the company has grown at an annual rate of over 30% per annum and has sold over a million of its own modules. In addition, custom products designed for third parties have been produced in quantities of several tens of millions of units annually.
The growth of Insight SIP was supported by investment initially from Sophia Business Angels who were joined in subsequent years by PACA Investissement, Primaveris and Success Europe.
In 2018, Primaveris and Success Europe wished to exit their investments, and have sold them to 2C Invest and to the company management.
By buying the interests of existing shareholders, the Toulon investment firm 2C Invest has amassed an 18.6% share in the company.
Over the last 10 years, the company has grown at an annual rate of over 30% per annum and has sold over a million of its own modules. In addition, custom products designed for third parties have been produced in quantities of several tens of millions of units annually.
The growth of Insight SIP was supported by investment initially from Sophia Business Angels who were joined in subsequent years by PACA Investissement, Primaveris and Success Europe.
In 2018, Primaveris and Success Europe wished to exit their investments, and have sold them to 2C Invest and to the company management.
