ECG Ventures has sold partially its stake in WDD – WeDoDigital – to Nector, part of Halls Group. This step marks an important milestone in the successful journey of WDD.
ECG committed themselves to the further growth and professionalization of WDD, since their active role as investors in 2020. Our joint efforts have resulted in an impressive increase in revenue of WDD - a year on year growth of almost 50%.
One of ECG’s most important contributions was leading a new investment round. These funds have significantly contributed to strengthening WDD's position in the market. Moreover, ECG implemented an effective 'buy and build' strategy, resulting in two strategic acquisitions that further fueled the company's growth. Currently, we run a new equity round.
Johan van Heusden, CFO ECG Ventures: “We are proud of what we have achieved so far, and ECG remains committed to working with WDD. Together with Nector, we will work towards continued success of WDD.”
Nector Holdings has been a shareholder of WDD for over a year already. Richard Franklin, Managing Director of Nector Holdings: “We are proud of the growth that WDD has shown in such a short time. We look forward to ever closer collaboration with the team in the future, and expect great things as the group begins to expand globally.”
For more information: 
Jolanda Ravenek
ECG Ventures
Email: jolanda@ecg.ventures