Doxee Spa has raised equity capital for its US Branch

Doxee Spa has completed a fundraising of equity capital for its US branch to develop its operations in North America. Equity capital has been invested by Simest Spa, an Italian investment company focused on international expansion plans. Simest Spa invested US$2 million in a minority stake in Doxee US, while Doxee Spa provided the remaining funds required for the expansion plan.

Headquartered in Modena, Italy, Doxee Spa was established in 2001. Secondary offices are located in California (USA), Rome (Italy) and Prague (Czech Republic). Doxee delivers cloud-based solutions and services for Customer Communication Management (CCM), document process outsourcing and paperless transition for business enterprises and service providers worldwide. Doxee provides its services to more than 500 clients worldwide, covering different business sectors such as banking and finance, telecom and media, public utilities, and insurance healthcare.

Oaklins' team in Italy assisted Doxee SpA through the entire fundraising process, from the business planning and preparation of the investment case. The team contacted potential investors and structured and negotiated the transaction.