.
MergerLinks Header Logo

Announced

LEA Partners-backed LANDWEHR Group to merge with prosoft Group.

Financials

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

Tags

Edit

Private

Single Bidder

Merger

software development

Majority

Friendly

Germany

Software

Private Equity

Acquisition

Pending

Synopsis

Edit

LEA Partners-backed LANDWEHR Group, a software company, agreed to merge with prosoft Group, an HCM software provider. Financial terms were not disclosed. "By combining the best of both worlds, we take everything to a new, the next level. We are creating perspectives that are truly fantastic. Together we will improve and expand our product line and our market leadership. Our vision is to be the strongest possible partner in every part of an industry that is focused on managing staff and staff hours and has to meet complex legal regulations," Marc Linkert, LANDWEHR Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US