1. Introduction
Praexo Services B.V. (“Praexo,” “we,” “us,” or “our”) respects your privacy and is committed to protecting the personal data we process about you. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal data when you visit praexogroup.com (the “Website”), interact with us by email or telephone, or otherwise engage with our services.
This Privacy Policy is issued in accordance with Regulation (EU) 2016/679 (the “General Data Protection Regulation” or “GDPR”), the Dutch Implementation Act of the GDPR (Uitvoeringswet AVG), and applicable Dutch and EU privacy law.
2. Data Controller
The data controller responsible for the processing of your personal data is:
Praexo Services B.V.
A private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands
Mailing address:
1323 SE 17th St. PMB 95048
Ft. Lauderdale, FL 33316
United States
Website: praexogroup.com
If you have questions about this Privacy Policy or the processing of your personal data, please contact us at the address above.
3. Personal Data We Collect
We may collect and process the following categories of personal data:
3.1 Data you provide directly to us:
- Name, title, and professional role
- Company or organization name
- Business email address and telephone number
- Business address
- Correspondence content (e.g., email, contact form submissions)
- Any other information you voluntarily provide
3.2 Data collected automatically when you visit the Website:
- IP address
- Browser type and version
- Device type, operating system, and screen resolution
- Referring website and pages visited
- Date, time, and duration of Website visits
- Session identifiers and interaction data
3.3 Data received from third parties:
- Publicly available business information (e.g., LinkedIn profile, company registry data)
- Data from business partners or service providers with whom you have engaged
We do not knowingly collect personal data from persons under the age of 16. If you believe we have inadvertently collected such data, please contact us so that we may delete it.
4. Legal Bases for Processing
We process personal data on the following legal bases under Article 6 GDPR:
- Consent (Article 6(1)(a) GDPR): where you have given clear, informed consent, for example when you subscribe to updates or accept non-essential cookies.
- Contract performance (Article 6(1)(b) GDPR): where processing is necessary to enter into or perform a contract with you or the entity you represent.
- Legal obligation (Article 6(1)(c) GDPR): where processing is required to comply with applicable law, including tax, accounting, and anti-money laundering obligations.
- Legitimate interests (Article 6(1)(f) GDPR): where processing is necessary for our legitimate business interests, provided such interests are not overridden by your rights and interests. Our legitimate interests include Website administration, security, business development, and analytics.
5. Purposes of Processing
We process your personal data for the following purposes:
- To respond to your inquiries and communications
- To manage business relationships with counterparties, service providers, and investors
- To administer, secure, and improve the Website
- To conduct analytics and understand Website usage
- To comply with legal, regulatory, and contractual obligations
- To prevent fraud, security incidents, and other misuse
- To communicate about services, events, or content that may be of professional interest to you, in accordance with applicable law
6. Recipients of Personal Data
We may share your personal data with the following categories of recipients:
- Group entities: Praexo affiliates and subsidiaries, including Praexo Consulting LLC, for internal business administration and coordination.
- Service providers (processors): IT hosting, email, cloud storage, analytics, accounting, and legal service providers acting on our instructions.
- Professional advisors: legal counsel, tax advisors, auditors, and consultants under duty of confidentiality.
- Regulatory and governmental authorities: where legally required (e.g., tax authorities, financial supervisory authorities).
- Third parties in connection with a transaction: in the context of a proposed or completed business transaction, subject to appropriate confidentiality safeguards.
We enter into data processing agreements with our processors in accordance with Article 28 GDPR.
7. International Data Transfers
Because Praexo operates internationally, your personal data may be transferred to, stored in, or processed in countries outside the European Economic Area, including the United States. When we transfer personal data outside the EEA, we ensure that appropriate safeguards are in place in accordance with Chapter V GDPR, which may include:
- Transfers to countries that the European Commission has determined provide an adequate level of protection
- Standard Contractual Clauses adopted by the European Commission
- Other lawful transfer mechanisms
You may request a copy of the safeguards applicable to specific transfers by contacting us at the address in Section 2.
8. Retention Periods
We retain personal data only for as long as necessary to fulfill the purposes for which it was collected, or as required by law. Specifically:
- Contractual and business correspondence: for the duration of the relationship plus the applicable statutory retention period (typically 7 years for financial and tax records under Dutch law).
- Website analytics data: typically no longer than 26 months.
- Communications not resulting in a business relationship: typically no longer than 12 months.
- Data required for legal, tax, or regulatory purposes: for the periods prescribed by applicable law.
After the applicable retention period, personal data is securely deleted or anonymized.
9. Your Rights
Subject to the conditions set out in the GDPR, you have the following rights in relation to your personal data:
- Right of access (Article 15 GDPR): to obtain confirmation of whether we process your personal data and to receive a copy of such data.
- Right to rectification (Article 16 GDPR): to have inaccurate or incomplete data corrected.
- Right to erasure (Article 17 GDPR): to request deletion of your personal data in certain circumstances.
- Right to restriction of processing (Article 18 GDPR): to request that we limit the processing of your data in certain circumstances.
- Right to data portability (Article 20 GDPR): to receive your data in a structured, commonly used, machine-readable format.
- Right to object (Article 21 GDPR): to object to processing based on legitimate interests or for direct marketing purposes.
- Right to withdraw consent (Article 7(3) GDPR): where processing is based on consent, you may withdraw that consent at any time, without affecting the lawfulness of processing before withdrawal.
- Right to lodge a complaint (Article 77 GDPR): with the Dutch Data Protection Authority (Autoriteit Persoonsgegevens, www.autoriteitpersoonsgegevens.nl) or the supervisory authority of your habitual residence.
To exercise any of these rights, please contact us using the details in Section 2. We will respond to your request within one month, subject to extension in complex cases in accordance with Article 12(3) GDPR.
10. Automated Decision-Making
We do not engage in automated decision-making, including profiling, that produces legal or similarly significant effects concerning you within the meaning of Article 22 GDPR.
11. Security
We implement appropriate technical and organizational measures to protect your personal data against unauthorized or unlawful processing and against accidental loss, destruction, or damage. These measures include encryption, access controls, secure hosting, and regular security assessments. Despite these measures, no system can be guaranteed to be fully secure, and you provide personal data to us at your own risk.
12. Third-Party Websites
The Website may contain links to third-party websites. This Privacy Policy does not apply to such websites, and we are not responsible for their content or privacy practices. We encourage you to review the privacy policies of any third-party websites you visit.
13. Changes to this Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices, applicable law, or business operations. We will post any updated version on the Website with a revised “Last Updated” date. We encourage you to review this Privacy Policy periodically.
14. Contact
For any questions, requests, or complaints regarding this Privacy Policy or the processing of your personal data, please contact:
Praexo Services B.V.
Mailing address:
1323 SE 17th St. PMB 95048
Ft. Lauderdale, FL 33316
United States
This Privacy Policy is governed by the laws of the Netherlands. Any translation is provided for convenience; the English text prevails in case of discrepancy.