European Dynamics, an Athens, Greece and Luxembourg-based provider of eGovernment software and digital transformation services to Governments and International Institutions, received a minority investment of undisclosed amount.
The deal was led by CAPZA (investing through its flagship Flex Equity Mid-Market 2 fund) and joined by Abry Partners (investing through its Senior Equity Fund, ASE VI, LP). The closing of the transaction is expected by summer 2025 and is subject to customary closing conditions and approvals.
The Investors will support ED’s growth strategy together with its founder and Chief Executive Officer, Constantinos Velentzas, who retains a significant majority of the Company’s share capital.
Founded in 1994, European Dynamics is a eGovernment and digital transformation partner for the public sector, recognised for its deep expertise and ability to leverage technology and data to drive innovation. ED has also developed and commercialises a suite of software products specifically tailored to core eGovernment activities (notably in the fields of customs, taxation, procurement, financial markets and IP management).
With a staff of c. 1,200 across 7 main international operating subsidiaries, the company works with c. 100 clients globally including Federal Governments, European Institutions & International Organisations in more than 30 countries and 4 continents. ED has established a multidisciplinary Technology Centre in Greece, and prepares its expansion in France, the Nordics, DACH and the USA.
The company will accelerate its expansion within and outside Europe, while it will also support through the necessary investment, innovative product development and strategic M&A.
FinSMEs
11/04/2025