EOS Capital Partners: New investment of 6 million euros at ARCHEIOTHIKI SA
ARCHEIOTHIKI develops in-house solutions, always in the field of information management, with an internal Research and Development department, which consists of engineers specialized in Artificial Intelligence and Blockchain technology
EOS Capital Partners S.A., the exclusive manager of the EOS Hellenic Renaissance Fund, headed by Apostolos Tamvakakis, has completed the sixth investment of the Fund in ARCHEIOTHIKI (information management services for companies and organizations. This investment, amounting to 6 million euros, was realized through a share capital increase and the purchase of existing shares and now the Fund holds a minority shareholding.
ARCHEIOTHIKI was founded in 2006 by Pericles Argyros and Andreas Papadakis. It is the largest company in Greece with a digital transformation platform with digital and physical documents, information and data logistics solutions and services. With more than 300 customers in both the private and the public sector, the company has seven state-of-the-art archive management centers (a total of 25,000 square meters), while the company’s 250 specialized technicians digitize more than 100,000,000 pages annually, creating digital documents and structured information.
ARCHEIOTHIKI develops in-house solutions, always in the field of information management, with an internal Research and Development department, which consists of engineers specialized in Artificial Intelligence and Blockchain technology. These solutions are incorporated in the works undertaken by ARCHEIOTHIKI or are offered on demand for the special requirements of the company’s customers.
In addition, ARCHEIOTHIKI has entered into international partnerships and represents recognized foreign firms, such as with the ELO Digital Office, which provides the internationally recognized ELO document and content management platform, or with DFIN, a leader in the global market in Virtual Data Room (VDR) services and document anonymisation.Through its partnerships, the company has brought to Greece cutting-edge technologies in the electronic retrieval and management of confidential information.
Regarding its economic course, ARCHEIOTHIKI in recent years has achieved significant growth rates with impressive results and high profitability. In 2021, Management estimates that sales will approach 10 million euros with EBITDA of approximately 2.5 million euros and almost zero net debt, while it is worth noting that in the last five years the company has achieved an average annual sales growth rate of more than 20%.
