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Announced

The People Group to acquire the KLIC software communication services of Fugro.

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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Pending

Friendly

software development

Acquisition

Single Bidder

Netherlands

Software

Private

Majority

Synopsis

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The People Group, a payroll services provider, agreed to acquire the KLIC software communication services of Fugro, a geo-data specialist, collecting and analyzing comprehensive information about the Earth and the structures built upon it. Financial terms were not disclosed. "We are glad to have transferred these activities to The People Group as it will guarantee our clients’ continuity and further development of the services," Huug Haasnoot, Fugro Regional Director Land Asset Integrity.

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