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New Deal


Announced

Waterland Private Equity-backed netgo to invest in commehr and workbees.

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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Germany

Domestic

Private Equity

Pending

Digital Services

Single Bidder

Friendly

it services

Private

Acquisition

Majority

Synopsis

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Waterland Private Equity-backed netgo, the Borken-based IT system house, agreed to invest in commehr and workbees, two Berlin-based IT service providers. Financial terms were not disclosed. "The two dynamic and successful companies ideally complement our product portfolio, particularly in the area of managed services, and increase the cross-selling potential in the group," Benedikt Kisner, netgo CEO and Founder.

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