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Excellerant Appoints Mirsad Devic as CEO; Ramps up Investment Drive Into High Growth Fintech and Healthtech Assets

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Excellerant Inc. (EXCL:OTC US) announced the appointment of Mr. Mirsad Devic as CEO, directing the company’s investment strategies in Europe and the US. With over 20 years of management experience in technology and digital transformation, Mr. Devic aims to spearhead investments in high-growth Fintech and Healthtech sectors, focusing on seed and Series A funding. The company seeks innovative businesses with unique technologies that solve significant challenges, leveraging its expertise and global network to drive growth and enhance asset value for shareholders.

Positive
  • Appointment of Mirsad Devic as CEO may bring fresh leadership and vision.
  • Focus on high-growth potential sectors like Fintech and Healthtech could increase investment opportunities.
  • Excellerant's strategy to optimize business models might enhance performance and asset value.
Negative
  • Concerns over continuity and experience gaps with a new CEO might affect current operations.

Excellerant Inc. (EXCL:OTC US), a technology focused investment holding company, today announced the appointment of Mr. Mirsad Devic as CEO as the company ramps up its investment activities in Europe and the US markets.

Mr. Devic brings to the role more than 20 years of management experience having worked at the crossroads of technology, marketing and media. He is a recognised leader in digital transformation and will drive Excellerant’s efforts to identify and invest into high-growth potential businesses operating in the Fintech and Healthtech spaces through the provision of seed and Series A funding.

Excellerant targets companies that build and own proprietary assets, technology and intellectual property that are unique and solve business challenges by enabling customers to radically improve productivity, efficiency and competitiveness through digitalisation, automatisation and technology-enabled scaling. It seeks out solutions-driven businesses that have ambitious management teams and large demonstrable markets where they enjoy proven traction.

Excellerant works closely with founders to optimize business models, unit economics and overall financial leverage in order to quickly scale company performance and multiply asset value. This includes leveraging Excellerant’s own expertise and that of its global network of strategic partners to help create synergies and drive growth.

Mr. Devic is supported by a team of senior industry leaders, who are also entrepreneurs in their own right, as well as a group of external advisors with deep expertise in the technology sectors across Europe and US.

Commenting on the appointment, Mr. Devic, said, “I’m delighted to be leading Excellerant’s efforts to capture the significant opportunities that exist for investment in the ongoing digital transformation of the financial services and healthcare sectors. We see tremendous promise for companies whose technologies are solutions-focused and future-driven and which can help customers in these industries pivot seamlessly away from legacy business models through digitalisation. We are moving closer to announcing our first investments and look forward to partnering with some extraordinary businesses and founders to help them maximise potential, unlock value and generate solid returns for our investors.”

Ends

About Excellerant Inc

Excellerant Inc. is an investment holding company that invests into businesses with significant growth potential across the financial and health technology sectors. It contributes capital, expertise and its global network of strategic partners to investee companies with the objective of driving growth, performance and a significant increase in asset value for investors and shareholders. Excellerant is based in Brussels, Belgium and trades on the US Stock Exchange OTC Markets (EXCL:OTC). For more information, please visit www.excellerant.vc

FAQ

Who is the new CEO of Excellerant Inc.?

Mirsad Devic has been appointed as the new CEO of Excellerant Inc.

What is Mirsad Devic's experience?

Mr. Devic brings over 20 years of management experience in technology, marketing, and media.

What sectors is Excellerant focused on under the new leadership?

Excellerant is targeting investments primarily in the Fintech and Healthtech sectors.

What investment strategy will Excellerant adopt?

Excellerant will focus on seed and Series A funding for businesses with high growth potential.

How does Excellerant plan to enhance its investments?

The company aims to optimize business models and leverage its global network for growth.

Excellerant

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