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TEP Events International Secures Growth Finance from Harbert European Growth Capital Fund I, LP to Accelerate Global Expansion
TEP Events International (“TEP”), a Manchester-based supplier of event technology and content management software to over 200 global clients, today announced that it has secured new funding from Harbert Management Corporation’s (“HMC”) Harbert European Growth Capital Fund I, LP (“HEGC”). HMC is an alternative asset management firm with $4.1B in assets under management as of September 1, 2014, and TEP is using the funding to accelerate worldwide expansion of its solutions.
The investment will play a key role in fuelling an accelerated growth strategy for TEP, who have offices in Manchester, London, Dubai, New York and Salt Lake City. TEP’s intuitive CMS software brand Duuzra offers clients unprecedented interaction and engagement at conferences and small meetings. TEP’s recent SaaS offering, Duuzra, was launched in July 2014, and is targeted at the rapidly expanding mobile presentation and sales engagement markets.
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