Cartagena Capital advises baimos technologies on strategic investment
Leading automotive supplier Marquardt GmbH invests in Garching/Munich-based baimos technologies gmbh to strengthen market position of state-of-the-art mobile key technology in automotive sector
Munich, 29.07.2011 – Cartagena Capital has advised baimos technologies on its recent strategic investment by Marquardt GmbH alongside existing investors High-Tech Gründerfonds and Bayern Kapital.
baimos technologies is the technology leader and pioneer in mobile phone based access and automation control. baimos technologies’ globally unique technology BlueID facilitates the secure use of mobile phones as a key or a switch. By dispensing with physical medium (key, access card, etc.) based access control paradigm, mobile phone based access control unleashes unprecedented convenience, flexibility, scalability, security and cost-effectiveness. BlueID has far-reaching implications for the automotive, home automation, data center access/facility management as well as authentication markets.
“Not only did Cartagena Capital really understand our technology and our market, they also have tremendous reach to financial and strategic investors worldwide”, says Philipp Spangenberg, Managing Director (Technical) of baimos technologies.
He is joined by Markus Weitzel, Managing Director (Commercial), who adds: “Cartagena Capital provided high-quality work throughout the entire process and supported us in all phases of the transaction with their knowledge, expertise and passion.”
For more information please visit www.cartagena-capital.com or contact us.
Other recent transactions include:
Contact:
Cartagena Capital GmbH
Falk Müller-Veerse, Managing Partner
falk [at] cartagena-capital [dot] com
www.cartagena-capital.com