Radar > 239323

Cofides finances entry of Findasense into Morocco

Cofides financia la entrada de Findasense a Marruecos

Intel ID : 239323
Synopsis

Cofides, a Spain-based state-owned mercantile company, financed the entry into Morocco of Spain-based Findasense, a consulting services provider in digital transformation, announced Cofides in a press release issued on 2 August 2016.

Cofides will provide a co-investment loan covered by its own resources and by the fund for foreign investment operations of small and medium enterprises (FONPYME), through the line Implantación Comercial Jóvenes Empresarios 4.0.

The company will use the financing to strengthen its position in the country and expand its business possibilities.
(content in spanish)

Cofides, sociedad mercantil estatal española, ha financiado el desembarco en Marruecos de la española Findasense, que se dedica a la consultoría relacionada con la transformación digital, según ha anunciado la propia Cofides en una nota de prensa publicada el 2 de agosto de 2016.

Cofides concederá un préstamo de coinversión con cargo a sus propios recursos y al Fondo de Operaciones de Inversión en el Exterior de la Pequeña y Mediana Empresa (FONPYME), a través de la línea Implantación Comercial Jóvenes Empresarios 4.0.

La empresa destinará esta financiación a afianzarse en el país y ampliar sus posibilidades de negocio.

Relevant Documents

Bidder

Financing Bank


Intel ID 239323
Value ND
Native Currency Euro (EUR)
Financial Data - Findasense
(31 Dec 2022)
Revenue: EUR 4,35m
Net Debt: EUR 25,33m
People: 48
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
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Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Consultancy, Audit and Engineering (Primary)
Technology and Telecoms / Technology
Primary Sector (TTRSC)
40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

Country
Website
Description

Financing Bank

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.