3TS Capital Invests More Than EUR1 Million in Cloud Software Company 123ContactForm (CEE and CIS)

Source: 123ContactForm

Central and Eastern Europe-focused private equity and venture capital firm 3TS Capital Partners has invested more than EUR1 million (approximately US$1.1 million) for a minority stake in 123ContactForm, a Romania-based company that provides web forms and surveys to companies and non-governmental organizations. The transaction was structured through Catalyst Romania, a fund managed by 3TS. 123ContactForm will use the fresh capital to develop new products, increase marketing efforts and expand its team.