ECG Ventures has sold partially its stake in WDD which is WeDoDigital The company is now owned by Nector who is which is part of the Halls Group. This transaction marks a major step in the success of WDD.
ECG have committed themselves to expansion and further professionalization of WDD as they began their active involvement as investors will begin will begin in 2020. Together, we led to an impressive rise in revenues of WDD which is a year-on annual growth of close to 50 percent.
One of the most significant ECG contribution was to lead a brand new round of investment. This round of capital has significantly contributed to bolstering WDD’s standing in the marketplace. Furthermore, ECG implemented an effective “buy and build” strategy that resulted in two acquisitions strategic to the company that also fueled growth for the company. Presently, we are running an equity round that is new.
Johan van Heusden, CFO ECG Ventures: “We are satisfied with what we’ve been able to accomplish so far. ECG is determined to work in partnership with WDD. Along together with Nector We will continue to continue to work for the achievement for WDD.”
Nector Holdings has been a shareholder in WDD for more than an entire year. Richard Franklin, Managing Director of Nector Holdingssays “We are extremely proud of the progress WDD has demonstrated in such an incredibly short period of time. We’re looking forward to closer cooperation with the WDD team over the coming years and anticipate great results in the coming years as the group is expanding internationally.”
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Source: The Plantations International Agroforestry Group of Companies