Unicorn Investor HOWZAT and Tech Advisory Specialist ennea combine forces

HOWZAT Partners (“HOWZAT”) and ennea capital partners (“ennea”) are joining forces as HOWZAT ennea Group (“HOWZAT ennea”) to create one of Europe’s leading early to mid-stage investment, M&A and advisory businesses.



HOWZAT is a unicorn investor and one of the top 3 travel technology investors globally*. It is ranked by Dealroom.co in the top 5% of European seed-stage investors. HOWZAT and ennea, between them, have made over 100 investments to date, through various vehicles, and assisted more than 60 transactions across multiple technology spaces.



With portfolio investments in 9 of the 10 biggest tech hubs in Europe, both HOWZAT and ennea have been at the centre of the Continent’s start-up space for many years.



The newly combined team will be further enhanced by the addition of government finance expert and Head of Deals at Angelgate Tobias Salzig and fundraiser and venture builder Rodrigo Ponce de Leon.



Within HOWZAT ennea, HOWZAT will continue to build on its successful track record of investing in early and mid-stage digital businesses with a focus on Europe. Ennea will serve primarily as the combined group’s M&A and advisory arm.



HOWZAT is now raising up to €100m for its new Luxembourg-based VC fund, to be named “Fund Four”.



The partners of HOWZAT ennea Group are distinct from most other VCs and advisory firms in that every one of the partners of the new combined team has at least 15 years experience founding, managing, scaling up and investing in tech companies. Their deep, first-hand operational experience is unusual for VCs. It gives HOWZAT ennea Group its edge in spotting winners.



HOWZAT co-founder David Soskin commented: “We leverage our first-hand experience to support our portfolio entrepreneurs in their mission to run and scale excellent businesses. We then provide follow-on investment and long-term support to help build strong businesses. In addition, we have the fundraising and M&A skills to secure finance and successful exits for start-ups.”



HOWZAT ennea Group plans to play a pivotal role in the post-Covid transformation of the European economy. David Soskin added: “Our mission is to make significant, above-average returns for investors, whilst also seeking to make a positive impact on society.”


 

David Soskin    
Co-founder HOWZAT and
Partner HOWZAT ennea Group