The company EOS Capital Partners Α.Ε.Δ.Ο.Ε.Ε. (“EOS”), sole proprietor of the EOS Hellenic Renaissance Fund (“Fund”) headed by Apostolos Tamvakakis, successfully completed the Fund’s sixth investment in Archiekothiki SA, which is the leading company in Greece in the field of digitization, offering integrated management and storage services of electronic and physical file.
This investment of € 6 million was made through a share capital increase and the purchase of existing shares and now the Fund holds a minority stake.
About the Archive SA
The Archive was founded in 2006 by Mr. Periklis Argyros and Mr. Andreas Papadakis. Today Archive is the largest company in Greece with a digital transformation platform with solutions and services for digital and physical document management, information and data logistics. With more than 300 customers in both the Private and Public Sector, the company has seven state-of-the-art file management centers (total 25,000 sq.m.), while the company’s 250 specialized technicians digitize more than 100,000,000 pages per year, creating digital documents. but also structured information.
Adding value to its services, the Archive develops in-house solutions, always in the field of information management, with an internal Research and Development department, which consists of engineers specialized in Artificial Intelligence and Blockchain technology. These solutions are integrated in the projects undertaken by the Archive or are offered on demand for special requirements of the company’s customers. In addition, the Archive has entered into international partnerships and represents recognized companies abroad, such as ELO Digital Office, which provides the internationally recognized document and content management platform ELO, or DFIN, the global market leader in Virtual Data Room services ( VDR) and document anonymization. Through its collaborations, the company has brought to Greece cutting-edge technologies in the electronic retrieval and management of confidential information.
In terms of its financial course, the Archive in recent years has achieved significant growth rates with impressive results and high profitability. In 2021, Management estimates that sales will approach € 10 million with EBITDA profitability of approximately € 2.5 million and almost zero net borrowing, while it is worth noting that in the last 5 years the Company has achieved an average annual sales growth rate of over from
20%.
About EOS
EOS Capital Partners Α.Ε.Δ.Ο.Ε.Ε. with a managed capital of approximately € 150 million (EOS Hellenic Renaissance Fund – “EHRF”), focuses on development investments in healthy small and medium-sized companies in Greece in all sectors of the economy. in the Business Participation Fund (EquiFund) program, which is an initiative of the Greek State and the European Investment Fund and was created with the ultimate goal of accelerating the development of the venture capital sector in Greece.
.
Source From: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
