red-stars.com data AG offers B2B software solutions and innovative life sciences technologies, creating scalable, mission-critical products. Data is at the core of everything the company does, whether it’s optimizing business performance or enabling scientific breakthroughs.

CEO at red-stars.com data AG

Thomas Streimelweger

Andreas Bergler

Congratulations to our portfolio company ecosio on joining Vertex Inc. ! red-stars announces the sale of its 20.83% stake in ecosio GmbH to Vertex Inc. (NASDAQ: "VERX"), a global provider of tax technology solutions, for a total on-target consideration of EUR 33.4 mio. (total on-target deal value USD 180 Mio.). red-stars's investment in ecosio amounted to EUR 1,25 Mio. - the return of investment will represent approx. 26.7x. The closing of the transaction is expected for the end of Q3/24. Please find the press releases here: https://lnkd.in/d-V9sbnr https://lnkd.in/d7Fwwnnu

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