Eagle Corporate Advisers advised enikos Pty Ltd (‘enikos’) on its debt financing by Allen & Buckeridge Emerging Technologies Fund (‘ETF’).
Based in Sydney, Australia, enikos develops and supplies software services for next-generation multi-media applications based on the MPEG-21 standard. MPEG-21 is the leading standard in development that is set to dominate multi-media creation, distribution and use. It will be the core engine of multi-media in the 21st century.
Enikos was a spin-off of research carried out at the University of Wollongong, Australia and the Smart Internet Co-operative Research Centre (Australian Government funded commercialization company).
ETF is managed by a venture capital firm dedicated to investing in and helping build global companies of significant and lasting value. The ETF manager currently manages approximately $280 million spread across several funds. ETF is one of only four pre-seed funds licensed by the Commonwealth Government and invests in research & development originating out of Australian universities and other government-funded research organisations.
Eagle Corporate Advisers advised on all aspects of the investment in enikos, including review of the investment documentation and other matters.
About Eagle Corporate Advisers: Eagle Corporate Advisers is a boutique firm of professional advisors specializing in international transactions. It brings the talent of top-tier firms globally and adds a solutions focus within a boutique service level experience.
For more information: eagle-advisers.com.