Antea acquires 20-percent stake in 5BY2
23 March 2016

 

Lexence advised Antea on its investment in 5BY2. The growth financing provided by Antea will enable the company to further carry out its expansion in the United States.

 

5BY2 produces fully automated parking systems. The so-called sliding puzzle systems of this rapidly growing technology company are used in the Netherlands in parking garages in, among other places, Amsterdam and The Hague. The company recently expanded its activities to North America, where it has landed orders for parking garages in New York, Miami, Boston, Toronto and Ottawa.

 

5BY2 is now the fourth participating interest of Antea Participaties VII, a fund introduced in April of last year.


Lawyer(s) involved: