Sioux Technologies sells part of its shares in innovative locker systems company Vecos. The Sioux investment fund has an interest in Vecos in Eindhoven via Cerebel Group. Bencis Capital Partners is now entering and will take over a part of these shares. Under the wings of Bencis, Vecos will continue to grow internationally. Sioux and Cerebel both retain an interest in the successful Vecos.
Sioux Tech Fund
The Sioux investment fund, together with regional and European partners (such as the BOM, Cerebel Group and the European Angel Fund) regularly invests in promising technical start-ups. This gives innovative ideas a chance for faster technological progress and a faster market introduction.
Sioux will put the profit from the deal back into the tech fund to invest in new innovations, mainly in the field of medical technology.
Proven success
The Sioux Tech Fund has made a number of very successful investments. At the end of 2014, participation in Fleetlogic was successfully transferred to TomTom Telematics, mid-2017 the Liteq investment was sold to Kulicke & Soffa, and at the end of 2017 the Phenom-World investment continued under the wings of Thermo Fisher Scientific. Solar vehicle manufacturer Lightyear also received an investment from the Sioux Tech Fund.
The recent sale of part of the shares of Vecos to Bencis Capital Partners is already the second successful partnership with Cerebel Group after an earlier exit of Fleetlogic.
