ECG Ventures has sold partially its stake in WDD โ WeDoDigital โ to Nector, part of Halls Group. This step marks an important milestone in the successful journey of WDD. ๐
ECG committed themselves to the further growth and professionalization of WDD, since their active role as investors in 2020. Our joint efforts have resulted in an impressive increase in revenue of WDD – a year on year growth of almost 50%.
Johan van Heusden, CFO ECG Ventures: โ๐๐ฆ ๐ข๐ณ๐ฆ ๐ฑ๐ณ๐ฐ๐ถ๐ฅ ๐ฐ๐ง ๐ธ๐ฉ๐ข๐ต ๐ธ๐ฆ ๐ฉ๐ข๐ท๐ฆ ๐ข๐ค๐ฉ๐ช๐ฆ๐ท๐ฆ๐ฅ ๐ด๐ฐ ๐ง๐ข๐ณ, ๐ข๐ฏ๐ฅ ๐๐๐ ๐ณ๐ฆ๐ฎ๐ข๐ช๐ฏ๐ด ๐ค๐ฐ๐ฎ๐ฎ๐ช๐ต๐ต๐ฆ๐ฅ ๐ต๐ฐ ๐ธ๐ฐ๐ณ๐ฌ๐ช๐ฏ๐จ ๐ธ๐ช๐ต๐ฉ ๐๐๐. ๐๐ฐ๐จ๐ฆ๐ต๐ฉ๐ฆ๐ณ ๐ธ๐ช๐ต๐ฉ ๐๐ฆ๐ค๐ต๐ฐ๐ณ, ๐ธ๐ฆ ๐ธ๐ช๐ญ๐ญ ๐ธ๐ฐ๐ณ๐ฌ ๐ต๐ฐ๐ธ๐ข๐ณ๐ฅ๐ด ๐ค๐ฐ๐ฏ๐ต๐ช๐ฏ๐ถ๐ฆ๐ฅ ๐ด๐ถ๐ค๐ค๐ฆ๐ด๐ด ๐ฐ๐ง ๐๐๐.โ
One of ECGโs most important contributions was leading a new investment round. These funds have significantly contributed to strengthening WDD’s position in the market. Moreover, ECG implemented an effective ‘buy and build’ strategy, resulting in two strategic acquisitions that further fuelled the company’s growth. Currently, we run a new equity round.
Nector Holdings has been a shareholder of WDD for over a year already.
Richard Franklin, Managing Director of Nector Holdings: โ๐๐ฆ ๐ข๐ณ๐ฆ ๐ฑ๐ณ๐ฐ๐ถ๐ฅ ๐ฐ๐ง ๐ต๐ฉ๐ฆ ๐จ๐ณ๐ฐ๐ธ๐ต๐ฉ ๐ต๐ฉ๐ข๐ต ๐๐๐ ๐ฉ๐ข๐ด ๐ด๐ฉ๐ฐ๐ธ๐ฏ ๐ช๐ฏ ๐ด๐ถ๐ค๐ฉ ๐ข ๐ด๐ฉ๐ฐ๐ณ๐ต ๐ต๐ช๐ฎ๐ฆ. ๐๐ฆ ๐ญ๐ฐ๐ฐ๐ฌ ๐ง๐ฐ๐ณ๐ธ๐ข๐ณ๐ฅ ๐ต๐ฐ ๐ฆ๐ท๐ฆ๐ณ ๐ค๐ญ๐ฐ๐ด๐ฆ๐ณ ๐ค๐ฐ๐ญ๐ญ๐ข๐ฃ๐ฐ๐ณ๐ข๐ต๐ช๐ฐ๐ฏ ๐ธ๐ช๐ต๐ฉ ๐ต๐ฉ๐ฆ ๐ต๐ฆ๐ข๐ฎ ๐ช๐ฏ ๐ต๐ฉ๐ฆ ๐ง๐ถ๐ต๐ถ๐ณ๐ฆ, ๐ข๐ฏ๐ฅ ๐ฆ๐น๐ฑ๐ฆ๐ค๐ต ๐จ๐ณ๐ฆ๐ข๐ต ๐ต๐ฉ๐ช๐ฏ๐จ๐ด ๐ข๐ด ๐ต๐ฉ๐ฆ ๐จ๐ณ๐ฐ๐ถ๐ฑ ๐ฃ๐ฆ๐จ๐ช๐ฏ๐ด ๐ต๐ฐ ๐ฆ๐น๐ฑ๐ข๐ฏ๐ฅ ๐จ๐ญ๐ฐ๐ฃ๐ข๐ญ๐ญ๐บ.โ