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New Deal


Announced

Completed

Cedacri completed the acquisition of a 88% stake in CAD IT.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For88%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Italy

Software

Single Bidder

Majority

Friendly

application software

Acquisition

Private

Synopsis

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Cedacri, a provider of IT services outsourcing market for banks and financial institutions, completed the acquisition of a 88% stake in CAD IT, a provider of application software and services for the finance area of banking institutions, public administration and industry. Financial terms were not disclosed.

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