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Announced

Meeschaert Capital Partners to acquire a majority stake in iD Systems Group.

Synopsis

Meeschaert Capital Partners, a private equity firm is set to acquire a majority stake in iD Systems Group, a software publisher dedicated to the wines and spirits and horticulture sectors. Financial terms were not disclosed. "This is excellent news for the iD Systems Group and it will allow it to continue to grow. This also validates the progress made for nearly 5 years with all the teams," Maxime Botton, iD Systems Chairman.

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