Pennel & Flipo SPRL announced that it will receive an equity round of funding on May 17, 2017. The transaction will include participation from returning investors, Groupe IDI (ENXTPA:IDIP) and Cabestan Capital, a fund managed by Edmond de Rothschild Investment Partners, S.A.S. Emmanuel Capriglione, Bernard Delcourt, Gérard Maerten, and David Ray represented the company and Julien Bentz, Augustin Harrel-Courtès, and Jonas Bouaouli represented Groupe IDI (ENXTPA:IDIP) in the transaction. David Robin and Sabrina Bazire represented Edmond de Rothschild Investment Partners, S.A.S. in the transaction.