France-based employee benefits services provider Edenred has committed €15m ($20m) to Franco-American venture capital firm Partech International’s sixth fund after a strings of exits this year and transition in its top management.
Partech made an initial close of its Fund VI at €100m and said it would now target €120m to €140m for the final aggregate amount.
Edenred, which provides restaurant vouchers among other services, said its commitment would help it meet its Invent 2016 strategy and "explore new opportunities…
