Announced
Completed
Synopsis
Kerridge Commercial Systems, a provider of ERP software, services and support solutions, completed the acquisition of Unit4 Wholesale, an enterprise software suite, including finance management, accounting, ERP, talent management and student management modules. Financial terms were not disclosed. "The acquisition of Unit4 Wholesale is a great step for both companies. Unit4 Wholesale is now part of an internationally successful KCS group with a focus on the global trading and distribution market, it complements our existing business in the Benelux extremely well. With this acquisition we double our revenues on the continent of Europe, increasing our capabilities still further to the benefit of all our customers. Bringing Unit4 Wholesale into the KCS group will strengthen and deepen our presence in this sector in Benelux and form a significant platform for further growth in to Europe. We believe that our extensive range of complementary solutions will enable us to better serve existing customers and partners in the long term and at the same time offer a very attractive portfolio to all customers," Ian Bendelow, Kerridge Commercial Systems CEO.
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