Cresco assisted Waylay, a leading Belgium-based enterprise information technology and operational technology (IT-OT) digital unification software company, in the design, negotiation and closing of its most recent investment round.
The round was led by Japan-based Yokogawa and will help accelerate the growth of Yokogawa's cloud portfolio of applications and services while helping Waylay expand its market reach.
Yokogawa and Waylay aim to further democratize digital technologies by leveraging Waylay's low-code automation expertise to simplify the development and execution of cloud-based applications on the Yokogawa Cloud platform.
David Dessers, Elske Bleeker and Lukas Salden formed the deal team that advised Waylay in this transaction.
More information on this transaction can be found in Computable.
For any further information or questions, please contact David Dessers or Elske Bleeker.