IT company 1 Vision has become the first investment for BDO's corporate-backed Development Capital Fund.
Ireland-based IT services company Version 1 has received a €8m ($10.7m) investment from BDO Development Capital Fund, a corporate-backed fund managed by Development Capital, a subsidiary of accountancy firm BDO.
The funding will enable Version to expand further across the UK and for additional staff and is expected to create 100 new jobs.
The investment is the €75m ($100m) Development Capital Fund’s first since it was launched in March this year. Corporate investors in the fund include building materials producer…
