Wendel, through its Wendel Growth activity, announces the signature of a definitive agreement to acquire a minority stake in Tadaweb.

Wendel will invest €15 million in equity to support the company's growth. The transaction is expected to be finalized in the first quarter of 2023,
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' Tadaweb provides OSINT (Open Source INTelligence) platforms that enable organizations to generate decision-making intelligence by reducing analysts' investigation time from several weeks to a few minutes', says the group.

Jérôme Michiels, Deputy Managing Director, Chief Financial Officer and Director of Wendel Growth, comments: 'This first direct investment in Europe by the Wendel Growth team, led by Antoine Izsak, is totally in line with our objectives: an innovative company with high growth and leadership potential, led by committed entrepreneurs'.

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