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New Deal


Announced

Harris Group to acquire mquadr.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Austria

Software

Private

Friendly

self-service software

Pending

Acquisition

Single Bidder

Synopsis

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The Harris Computer, a daughter of Constellation Software and mother company of SIV, has acquired 100% stake in mquadrat software engineering & consulting. A respective agreement has been signed by the companies. Financial terms were not disclosed. mquadrat is a leading European software company for digital self-service solutions in the telecommunications sector. The company will continue to operate independently and help in growing the shared corporate business development. "It is great that we, as the Harris group, are now also represented in Austria by mquadr.at. mquadr.at fits into the portfolio of both the Harris group and the SIV.AG very well. I am looking forward to the cooperation, the shared business development and the opportunity to participate and learn from each other" Bryce Cooper, Harris Computer CEO.

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