SpeedPort NV - Versatel - Conxion
Amsterdam-based tech start-up that built and operated a global IP backbone. The company owned data centers in five major European cities and in America and Asia. Company sold to Versatel NV.
Our Role
Principal at Fortis was involved in sourcing telecoms equipment, building data centers, due diligence, raising equity, recruiting senior managers and board members, and participated in board meetings as COO, CFO, and eventually CEO. Raised over $10MM and sold company two times.
- Company sold to Versatel NV in 1999.
- Exit: Sold company two times for initial investment for over 10x times initial investment.