Alicante technology company Facephi provides: finishedat least for now, call a possible buyer is interested in purchasing a majority stake in the company. This was stated by the company itself to the manager of BME Growth, the SME exchange on which it is listed. time will expire determined by their own managers before any deals are closed.
A decision on which the company will focus its efforts continue to support its “growth”, which has already led it to market its digital identity solutions in multiple countries 25 countries.
It was last March of the company he headed. Javier Mirdeclared his intention Selling majority shares of the company, for what he appointed expert GP Bullhound consultancy Researching the market to find possible candidates. He also rented office services. Gómez Acebo and Pombo as external consultant.
Initially The duration set for this task was six monthsbut in September Facephi itself reported: three month extensionIt ended last Friday without any agreement being reached. Considering this situation, the company stated in its communication with BME Growth that “after actions taken towards the search for a possible partner interested in the purchase of the majority package, agreed to paralyze and not continue with them”.
Referring to this communication, Javier Mira, the company’s president, states that the company continues on its way. focus on your “growth” for the next few years. In this sense, as Mira herself explained at the time, one of the purposes of bringing in a new partner was to obtain the necessary kidney to go shopping and acquire competitors that would accelerate this expansion.
In any case, it is worth remembering that the technology company has Support from Swiss fund Nice & Green, Last May, it renewed the financing agreement guaranteeing a liquidity injection of €20 million to realize its business plan.
Results
The technology company, which specializes in the development of facial recognition software and other biometric data that will guarantee identity in the digital world, closed the first half of 2023 with a turnover of 9.7 million euros. 24% more According to the latest balances sent to the market controller, it is more than the same period in the previous year. Of course, the company also noted some things 4.69 million missing Compared to last year’s red figures of one million euros, due to the strong investments made and the increase in staff that will accompany the expansion.
Among other milestones during this year, Facephi achieved: entering new markets, Like the deals made by the United Arab Emirates and Saudi Arabia with fintech Qashio; or in the United States, where it has reached an agreement with the company Orokii.